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Published: 2016-05-25 15:30:00 CEST
Energijos Skirstymo Operatorius AB
Notification on material event

Regarding the Board decision to change electricity prices from the second half of 2016

Energijos Skirstymo Operatorius AB (hereinafter - ESO), identification code 304151376, registered office placed at Aguonu str. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 894 630 333; ISIN code LT0000130023.

At its meeting of May 25 the Board of ESO approved the new prices for electricity network services, and the public prices of electricity. After the announcement of National Commission for Energy Control and Prices (hereinafter – NCCP) new prices will apply for the second half of 2016

ESO recounted the public electricity prices after the NCCP lowered the public interest obligations (VIAP), systemic services, electricity market prices and the price cap of public electricity price.

After the announcement from NCCP as of 1 July 2016, electricity prices for private customer will decrease on average by 5.4 %.

The rates for the network service for business customers supplied electricity from medium voltage networks will decrease about 3.6 %, and for those supplied electricity from the low voltage networks - will drop by 3.3 % for the second half of 2016.

The costs of individual customers for electricity and its network services may differ.

After the announcement of final prices from NCCP, ESO will issue a separate notice to that effect.

         Representative for Public Relations Martynas Burba, tel. (8~5) 2514516.