KN Energies AB — Earnings Release 2008

Oct 2, 2008

Disclosure 262578

Klaipedos Nafta AB - Notification on material event

SC KLAIPĖDOS NAFTA operating results during September of the year 2008

SC KLAIPĖDOS NAFTA operating results during September of the year 2008 : transshipment results- 6238.6 thousand tons of oil products from January 1,2008 including 532.0 thousand tons during September ; earnings (preliminary)- LTL 89.8 million (EUR 26.0 million),including LTL 7.2 million ( EUR 2.1 mln ) during September. The Company has exceeded the targeted volumes of sales. Successful results of the activities were conditioned increased transportation of oil products from Russian and Byelorussian factories and by the renewed load of SC "Mažeikių nafta”. Due to objective reasons we do not adjust the final operating results of the year 2008. Irena Barauskaitė-Gaiziuniene +370 46 391626