KAUNO ENERGIJA

MATERIAL EVENT



CONST. ASSEMB. OF PRIV. COMP. FOUNDED AFTER REORG. OF KENR



Pursuant to the decision of the Board of SPAB Kauno Energija as of 02 08 2000,

constituent assemblies of companies to be established after reorganisation of

AB Kauno Energija will be convoked.

1.1.  On 27 September 2000 (registration of shareholders at 11.30 am), the

constituent assembly of shareholders of the newly established UAB Sakiu Šilumos

Tinklai will take place at the administrative premises of Sakiu Silumos

Tinklai, subsidiary of AB Kauno Energija. Address: 22/2 Gimnazijos St., 4460

Sakiai.

	On the agenda issues regarding:

1.  founding of UAB Sakiu Silumos Tinklai;

2.  approval of the Articles of Association;

3.  election the chairman and members of the Board;

4.  election of the internal auditor (auditor) and establishment of the

remuneration;

5.  approval of work timelimit of the internal auditor;

6.  approval (signing) of the report of property disposal and acceptance;

7.  approval of transactions made during reorganisation



1.2. On 28 August 2000 (registration of shareholders at 11.30 am.), the

constituent assembly of shareholders of the newly established UAB Jurbarko

Šilumos Tinklai will take place at the administrative premises of Jurbarko

Šilumos Tinklai, subsidiary of AB Kauno Energija. Address: 11 V. Kudirkos St.,

4430 Jurbarkas.

	On the agenda issues regarding:

1.  founding of UAB Jurbarko Šilumos Tinklai;

2.  approval of the Articles of Association;

3.  election the chairman and members of the Board;

4.  election of the internal auditor (auditor) and establishment of the

remuneration;

5.  approval of work timelimit of the internal auditor;

6.  approval (signing) of the report of property disposal and acceptance;

7.  approval of transactions made during reorganisation.





Jovita Sereikienė

Senior specialist

(27) 36 12  96