OREANDA-NEWS. January 27, 2010. By the initiative of the main company's shareholder, Kaunas city municipality, and by the decision of company's Management Board on 17th February, 2010, the shareholders meeting of JSC “Kauno energija” (code of enterprise 235014830, address Raudondvario pl. 84, Kaunas).

The Date of the Meeting - the 17th of February, 2010, Wednesday. Time – 13 p.m., place - Raudondvario pl. 86A (first floor), Kaunas Lithuania. Registration of shareholder's beginning at 12.30 p.m.

The Board confirmed the following agenda for the Extraordinary General Meeting of Shareholders:

1. Increasing of JSC “Kauno energija” authorized capital.

2. For pre-emption right to purchase newly issued shares of the company's withdrawal of all shareholders.

3. Concerning the change of JSC "Kauno energija" regulations.

Draft decisions of the Extraordinary General Meeting of Shareholders are attached.

The 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 8th of February, 2010. Shareholders that own JSC “Kauno energija” shares on the end of the working day of 8th of  February, 2010, shall have the right to participate in convened Extraordinary General Meeting.

JSC “Kauno energija” share capital is divided into 42 720 977 (forty-two million seven hundred twenty thousand nine hundred and seventy-seven) ordinary registered shares. All of these shares carry the right to vote with their shareholders.

Persons who participate in General Meeting of Shareholders must submit an identity document. A person who is not a shareholder, to this document, also must submit a document confirming the right to vote at an 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 General Meeting of Shareholders also include 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 phisical 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 e-mail j.sereikiene@kaunoenergija.lt not later than the 12nd of February, 2010 (14 hrs. 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 the 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 17th February, 2010 (12 hrs. 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 Extraordinary 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 the 2th of February, 2010. Please be informed that, along with a proposal to supplement the agenda of the Extraordinary General Meeting of Shareholders must be submitted the drafts of proposed decisions, or if the decisions shall not be adopted, explanations on each of the proposed issue.

Please be informed that, shareholders who own shares no less than 1/20 of a l votes own the right at any time before the Extraordinary General Meeting of Shareholders or during the meeting in writing or by mail propose new draft decisions related to the questions included into agenda.

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 j.sereikiene@kaunoenergija.lt or delivered directly to the Company's office at Raudondvario pl. 84, Kaunas (2nd floor) not later than 8th of February, 2010.

Since 23th January, 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).