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VST: Regarding the electricity distribution and public supply service price caps for the regulatory period 2011- 2013

Spekuliantai.lt | 2010-10-29 | NASDAQ OMX biržų naujienos | perskaitė: 1705
Raktiniai žodžiai: VST AB, VST
VST: Regarding the electricity distribution and public supply service price caps for the regulatory period 2011- 2013

VST AB Notification on material event 29.10.2010

Regarding the electricity distribution and public supply service price caps for
the regulatory period 2011- 2013

On 28 - 29 October, 2010 the National Control Commission for Prices and Energy
approved VST, AB (hereinafter - VST) electricity distribution and public
supply service price caps for the regulatory period 2011-2013:
• in medium - voltage networks 4.55 LTL cents/kWh or 1.32 EUR cents/kWh;
• in low - voltage networks 6.04 LTL cents/kWh or 1.75 EUR cents/kWh;
• public supply service 0.36 LTL cents/kWh or 0.11 EUR cents/kWh.
Currently electricity distribution price cap in medium-voltage networks is 5.32
LTL cents /kWh or 1.54 EUR cents/kWh, in low-voltage networks - 6.74 LTL cents
/kWh or 1.95 EUR cents/kWh and public supply service price cap is 0.31 LTL
cents /kWh or 0.09 EUR cents/kWh.

Taking into account that on 6 September 2010 the Boards of VST and Rytų
Skirstomieji Tinklai, AB (hereinafter - RST) approved terms of reorganization,
which state that VST and RST will be reorganized by the way of merger and new
electricity distribution company LESTO, AB will be established, the National
Control Commission for Prices and Energy on 28-29 October, 2010 approved LESTO,
AB electricity distribution and public supply service price caps for the
regulatory period 2011-2013:
• in medium - voltage networks 4.89 LTL cents/kWh or 1.42 EUR cents/kWh;
• in low - voltage networks 6.39 LTL cents/kWh or 1.85 EUR cents/kWh;
• public supply service 0.37 LTL cents/kWh or 0.11 EUR cents/kWh.

For more information, please visit the website of the National Control
Commission for Prices and Energy http://www.regula.lt.



Information is not confidential.


Person for contacts: Head of Marketing and Communication Division Kristina
Mažeikytė; Phone: +370 5 251 4500


Chief Executive Officer Rimantas Vaitkus

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