KAUNO ENERGIJA

MATERIAL EVENT



CONCERNING THE DATE CHANGE OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS



(Unofficial translation done at the NSEL)



On 30 January 2003, the Board of Kauno Energija AB adopted the following

decision: to change the date of the extraordinary general meeting of

shareholders from 27 January 2003 to 14 March 2003, 2 pm, leaving the agenda

unchanged.

The agenda of the meeting will include:

1.Concerning the draft contracts of the Power Station sale/purchase and

Silumos Energija sale/purchase.

2.Concerning mortgaging of the assets owned by the company.





Jovita Sereikienė

Department Head

(370 37) 308 064