Litgrid AB — Capital/Financing Update 2011

May 20, 2011

Disclosure 287323

LITGRID AB - Notification on material event

Regarding Registration of BALTPOOL UAB Articles of Association

Vilnius, Lithuania, 2011-05-20 13:52 CEST (GLOBE NEWSWIRE) -- On May 18, 2011, Articles of Association of BALTPOOL UAB, the subsidiary company of LITGRID AB, were registered following the increase of authorized capital. Subsequent to the registration Articles of Association of BALTPOOL UAB, investing procedure of Klaipėdos Nafta AB into BALTPOOL UAB was completed, by acquiring 156.627 (one hundred fifty six thousand six hundred and twenty seven) ordinary registered shares of BALTPOOL UAB with nominal value of LTL 1 (one litas) each. Currently Klaipėdos Nafta AB controls 33 per cent of BALTPOOL UAB shares and the given amount of votes at the ordinary shareholders meeting of BALTPOOL UAB. Moreover, the Management Board of BALTPOOL UAB was established consisting of three members. Vilija Railaitė Head of Communications Phone +370 5278 2361 Mobile +370 613 19977 E-mail vilija.railaite@litgrid.eu