KN Energies AB

Capital/Financing Update • Jul 13, 2015

Disclosure 325755

Klaipedos Nafta - Notification on material event

Regarding the EU financial support for the LNG reloading station project implementation

On the 10th of July the Connecting Europe Facility (CEF, part of the EU financing program) Coordination Committee approved the financial support of preliminary EUR 6 million for the construction of SC Klaipedos nafta (hereinafter - the Company) Liquefied natural gas (LNG) onshore reloading station. The support shall be dedicated for the joint project of Helsingborg port and Klaipedos nafta (HEKLA) as both parties together submitted investment application through the Baltic Port Organization which actively encourage and support the LNG activities development in the Baltic region. The foreseen start of the Company's LNG reloading station is the beginning of 2017. SC Klaipedos nafta previously has received the EU support for the LNG reloading station FEED and other preparation works. Marius Pulkauninkas, Director of Finance and Administration Department, tel. 8 46 391763