KN Energies AB — Earnings Release 2011

Dec 6, 2011

Disclosure 295731

Klaipedos Nafta AB - Notification on material event

SC Klaipėdos Nafta transshipment results in November of 2011

In November 2011 the Company reloaded 668 thousand tons of oil products into tankers (19 percent less than in November 2010) and discharged 725 thousand tons of oil products into the storage tanks of the Terminal (3 percent less than in November 2010). Scheduled repair works caused the reduction in transshipment volumes. Revenues of the Company during November 2011 accounted to LTL 12,8 million (EUR 3,7 million), 5 percent less if compared to November 2010. Preliminary income during eleven months of 2011 increased up to LTL 133,6 million (EUR 38,7 million) - 17 percent more than during the same period of 2010 (LTL 114,0 million (EUR 33,0 million) - for eleven months of 2010). Finance Director Mantas Bartuška, 8 46 391763