The change of General meeting agenda of JSC “Kauno energija” shareholders and decisions projects

By the initiative and by the decision of company's Management Board the agenda
of Extraordinary General Meeting of JSC “Kauno energija” (code of enterprise
235014830, address Raudondvario pl. 84, Kaunas) which will be held on 26th
October, 2010. 

The date of Meeting: the 26th October, 2010, Tuesday. Time - 13 p.m., place -
Raudondvario pl. 86A (in the hall), Kaunas Lithuania. Registration of
shareholder's starts at 12.30 p.m. 

The Board confirmed the following agenda for the Extraordinary General Meeting
of Shareholders and draft decisions of the General Meeting of Shareholders: 
1. Recall of JSC “Kauno energija” Supervisory board member.
Draft decision:
To recall a member of Supervisory board of joint stock company “Kauno energija“
Orinta Leiputė. 
2. Election of JSC “Kauno energija” Supervisory board member. 
Draft decision:
To elect Vytautas Vasilenko as a member of Supervisory board of joint stock
company “Kauno energija”. 
3. Concerning the change of JSC "Kauno energija" regulations.
Draft decision:
To change the regulations of joint stock company „Kauno energija“ by setting
out their new version and to authorize general manager of joint stock company
„Kauno energija“ to sign the changed regulations. 

JSC “Kauno energija” shall not provide the possibility to participate and vote
in the Meeting through electronic communication channels. 

The account date of the Extraordinary General Meeting of Shareholders - the
19th October, 2010. Shareholders who own JSC “Kauno energija” shares at the End
of the working day of 19th October 2010, shall have the right to Participate in
convened Extraordinary General Meeting. 

JSC “Kauno energija” share capital is divided into 42 731 977 (forty-two
million seven hundred thirty-one thousand nine hundred and seventy-seven)
ordinary registered shares. All of these shares carry the right to vote with
their shareholders. 

A person which takes part in Extraordinary General Meeting of Shareholders must
submit an identification document. A person, who is not a shareholder, must
also Submit a document confirming the right to vote at the Extraordinary
General Meeting of Shareholders. The authorized person at an Extraordinary
General Meeting of Shareholders shall have the same rights as it should
represent by the shareholder. Shareholder's right to attend Extraordinary
General Meeting of Shareholders also includes the Right to ask. 

Please be informed that shareholders, who are entitled to participate at an
Extraordinary General Meeting of Shareholders, own the right to authorize by
electronic means physical or legal person to attend and vote on behalf of them
at Extraordinary General Meeting of Shareholders. Power of attorney that is
Issued by the shareholder must be submitted by sending an e-mail to 
j.sereikiene@kaunoenergija.lt not later than 25th October, 2010 (16.30 h 00
min.). 

Please be informed, that on decisions which are included into Extraordinary
General Meeting of Shareholders agenda can be voted in writing by completing a
general ballot paper. If the person who had completed the general ballot paper
is not a shareholder, the completed general ballot paper must be accompanied by
a document confirming the right to vote. The duly completed general ballot
paper (voting bulletin) should be sent by mail or delivered directly to the
Company's office at Raudondvario pl. 84, Kaunas (2rd floor) till 26th October,
2010 (12 h 00 min). The Company reserves the right not to include in the
shareholder vote early, if the general ballot paper does not meet the third and
fourth parts of the 30 Article of Law on Companies requirements or the general 
ballot paper is written in a way that it is impossible to establish
shareholder‘s will on a separate issue. 

The agenda of the Extraordinary General Meeting of Shareholders may be
supplemented by initiative of shareholders who own shares no less than 1/20 of
all the votes. Proposals to the agenda of the General Meeting of Shareholders
may be submitted by mail or delivered to the Company's 
representative office at Raudondvario pl. 84, Kaunas (2nd floor) no later than
12th October, 2010. 

Please be informed, that along with a proposal to supplement the agenda of the
Extraordinary General Meeting of Shareholders the drafts of proposed decisions
must be submitted or if the decisions shall not be adopted, an explanations on
each of the proposed issue must also be submitted. 

Please be informed, that shareholders the shares of whose provide not less than
1/20 of all votes own the right to propose a new draft decisions related to the
questions included into agenda at any time before or during the Extraordinary
General Meeting of Shareholders. Those new draft decisions must be provided
written. 

Shareholders own the right to ask the questions concerning the agenda of the
Extraordinary General Meeting of Shareholders. Questions may be submitted by
e-mail to j.sereikiene@kaunoenergija.lt or delivered directly to the Company's
office at Raudondvario pl. 84, Kaunas (2nd floor) not later than 20th of
October, 2010. 

Since the 4th of October, 2010 shareholders can get acquainted with the
company‘s documents related to the agenda of shareholders meeting and decisions
projects of the meeting and information relating to shareholders' rights by
coming to the company - Raudondvario pl. 84, Kaunas or in the webpage of the
Company (http://www.kaunoenergija.lt). 

Jovita Sereikienė
Head of Asset Management Department
+370 37 305664