KN Energies AB

AGM Information • Jan 25, 2013

GENERAL BALLOT PAPER FOR THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF AB KLAIPĖDOS NAFTA, TO BE HELD ON 25 JANUARY 2013

Name, surname (name) of the shareholder

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Personal code (code) of the shareholder

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The number of owned shares

Please delete what does not apply "FOR" or "AGAINST":

Organisational issues
To propose to elect as the Chairman of the Meeting and to vote "for" the proposed candidate:
To propose to elect as the Secretary of the Meeting and to vote "for" the proposed candidate:
To propose to elect as the person responsible for the performance of the actions provided for in paragraph 2 of Article 22 of the Law of the Republic of Lithuania on Companies and to vote "for" the proposed candidate:
Agenda items	Draft resolutions
1. On approval of the decision of the Board of AB Klaipėdos nafta, according to which it was decided to conclude the contract for with the winner of international public tender "Natural Gas Pipeline System Engineering, Procurement and Construction (EPC) Works".	I alternative draft decision: To approve the decision of the Board of AB Klaipėdos nafta, according to which it was decided: 1. to conclude the contract for Natural Gas Pipeline System Engineering, Procurement and Construction (EPC) Works (hereinafter referred to as the Works), necessary in constructing the connection between the Liquefied Natural Gas (LNG) Terminal's embankment within the port area of Klaipėda State Sea Port (near the northern part of Kiaulės nugara island) and Lithuanian natural gas transportation system (gas pipline Jurbarkas–Klaipėda (part Tauragė–Klaipėda) near Klaipėda DSS 2, situated at Kiškėnai village, Dovilai eldership, Klaipėda district municipality) (hereinafter referred to as the Contract) with the winner of Klaipėdos nafta, AB international public tender, conducted by a way of public negotiations "Natural Gas Pipeline System Engineering, Procurement and Construction (EPC) Works", who proposed the lowest price for all the scope of works – the consortium of Kauno dujotiekio statyba, AB and Šiaulių dujotiekio statyba, UAB (hereinafter referred to as the Contractor). 2. the total fixed price for all the works under the Contract shall be 137,999,391.00 Lt (one hundred thirty seven millions nine hundred ninety nine thousands three hundred and ninety one litas) without VAT and 166,979,263.10 Lt (one hundred sixty six millions nine hundred seventy nine thousands two hundred sixty three litas and ten cents) with VAT, that at the day of the conclusion of the Contract is equal to 21 percent. This fixed price can increase only in the exclusive cases provided for in the Contract. Klaipėdos nafta, AB shall be paying the indicated fixed sum only for the actual works performed under the Contract. 3. All the works under the Contract shall be finished till 1 October 2014. The performance terms may only be extended in	For	Against

the exclusive cases set forth in the Contract.
II alternative draft decision:		For	Against
1. To approve the decision of the Board of AB Klaipėdos nafta,
according to which it was decided:
1.1. to conclude the contract for Natural Gas Pipeline System
Engineering, Procurement and	Construction (EPC) Works
(hereinafter referred to as the Works), necessary in constructing
the connection between the Liquefied Natural Gas (LNG)
Terminal's embankment within the port area of Klaipėda State Sea
Port (near the northern part of Kiaulės nugara island) and
Lithuanian natural gas transportation	system (gas pipline
Jurbarkas–Klaipėda (part Tauragė–Klaipėda) near Klaipėda DSS
2, situated at Kiškėnai village, Dovilai eldership, Klaipėda district
municipality) (hereinafter referred to as the Contract) with the
winner of Klaipėdos nafta, AB international public tender,
conducted by a way of public negotiations "Natural Gas Pipeline
System Engineering, Procurement	and Construction (EPC)
Works", who proposed the lowest price for all the scope of works
– the consortium of Kauno dujotiekio statyba, AB and Šiaulių
dujotiekio statyba, UAB (hereinafter	referred to as the
Contractor).
1.2. the total fixed price for all the works under the Contract
shall be 137,999,391.00 Lt (one hundred thirty seven millions
nine hundred ninety nine thousands three hundred and ninety one
litas) without VAT and 166,979,263.10 Lt (one hundred sixty six
millions nine hundred seventy nine thousands two hundred sixty
three litas and ten cents) with VAT, that at the day of the
conclusion of the Contract is equal to 21 percent. This fixed price
can increase only in the exclusive cases provided for in the
Contract. Klaipėdos nafta, AB shall be paying the indicated fixed
sum only for the actual works performed under the Contract.
1.3. All the works under the Contract shall be finished till 1
October 2014. The performance terms may only be extended in
the exclusive cases set forth in the Contract.
2. To establish, that the Agreement may be concluded only after
the expiry of the period of deferment of 15 days which is
applicable to the conclusion of the Agreement in accordance with
paragraph 22 of Article 2 of the Law of the Republic of Lithuania
on Public Procurement, and in case there shall be no obligations
or decisions, issued by the institutions, having the relevant
authorities, which would prohibit to sign the Agreement with the
concrete Contractor, which has won the public procurement.

Regarding any other new draft decisions, not indicated above, to vote ………… with all the held votes.

We hereby confirm that we have familiarised in advance with the agenda of the extraordinary General Meeting of Shareholders of Klaipėdos Nafta, AB referred to in this Ballot Paper and the draft resolutions contained herein, therefore we may express in advance in writing the will of …………………………………………… as shareholder's of Klaipėdos Nafta, AB in voting on the matters considered at the extraordinary General Meeting of Shareholders. Having regard to our will expressed in writing on the agenda items of the extraordinary General Meeting of Shareholders, it should be considered that …………………………………………. participated in the extraordinary General Meeting of Shareholders of Klaipėdos Nafta, AB held on 25 January 2013.

Name, surname, signature of the shareholder (its representative)