KN Energies AB

Earnings Release • Dec 7, 2012

Disclosure 303468

Klaipedos Nafta AB - Notification on material event

SC Klaipedos Nafta transhipment results of November 2012

In November 2012 the preliminary revenues amounted to LTL 13.4 million (EUR 3.9 million); 4 percent greater if compared to LTL 12.9 million (EUR 3.7 million) in November 2011 due to increased revenues from transit oil products. During November 2012 the Company reloaded 615 thousand tons of oil products into its storage tanks, i.e. by 15 percent less than during November 2011 (725 thousand tons). The preliminary revenues of the Company during the eleven months of 2012 - LTL 124.2 million (EUR 36.0 million) are by 7 percent less if compared to LTL 133.6 (EUR 38.7 million) of the same period of 2011. The decrease of the revenues was significantly influenced by the reduced transhipment activities of AB „Orlen Lietuva“ as well as of Byelorussian and Russian Oil Refineries due to their repair works performed in 2012. Mantas Bartuška, Finance Director, tel. 8 46 391763