KN Energies AB

Earnings Release • Oct 4, 2011

Disclosure 294210

Klaipedos Nafta AB - Notification on material event

SC Klaipėdos Nafta transshipment results in September 2011

In September 2011 the Company reloaded 547 thousand tons of oil products into tankers (12 percent less than in September 2010) and discharged 581 thousand tons of oil products into the storage tanks of the Terminal (1 percent less than in September 2010). Revenues of the Company during September 2011 accounted to LTL 8,6 million (EUR 2.5 million), 13 percent less if compared to September 2010, because in September of 2010 a trial batch of crude oil of 78 thousand tons was imported from Venezuela to Byelorussia. Preliminary income during nine months of 2011 increased up to LTL 109,3 million (EUR 31,6 million) - by 21 percent greater than during the same period of 2010 (LTL 90,1 million (EUR 26,1 million) - during nine months of 2010). Finance Director Mantas Bartuška, 8 46 391763