Pieno Zvaigzdes

Earnings Release • Jul 30, 2009

Disclosure 271723

Pieno Zvaigzdes AB - Notification on material event

Pieno Zvaigzdes AB, updated forecast for the entire year 2009

With respect to financial results reported for the 6 months of 2009, Pieno Zvaigzdes AB is giving a new forecast for the entire year 2009 as follows: Sales by the year end 2009 are expected LTL 639.0 million (EUR 185.0 million), lower compared to initially budgeted LTL 689.1 million (EUR 199.6 million). Net profitability margin expected at 3.0%, lower compared to initially budgeted 3.5%. Audrius Statulevicius CFO (+370 5)246 1419