Vilkyskiu Pienine

Report Publication Announcement • Apr 29, 2008

Disclosure 258353

Vilkyskiu Pienine AB - Notification on material event

DECISIONS TAKEN AT THE GENERAL MEETING OF SHAREHOLDERS HELD ON 29/04/2008

The following decisions were taken at the General Meeting of Shareholders of AB “Vilkyškių pieninė” which was held on the 29th of April 2008: Item 1 of the Agenda: The annual report of the Company of the year 2007. The meeting attended the annual report of the Company of the year 2007. Item 2 of the Agenda: The conclusions of the Company's audit. The meeting attended the conclusions of auditor UAB „KPMG Baltics“ of the year 2007. Item 3 of the Agenda: Approval of the Company's financial statements of the year 2007. Resolution: To approve the Company's financial statements of the year 2007. Item 4 of the Agenda: Appropriation of the Company's profit of the year 2007. Resolution: To approve the appropriation of profit of the year 2007 as follows: 1) Non-appropriated profit at the end of the year 2006 -3 081 779 LTL (892 545 EUR) 2) Net profit of the reporting period - 10 014 850 LTL (2 900 501 EUR) 3) Total profit to be appropriated - 13 096 629 LTL (3 793 046 EUR): - portion of the profit allocated to the legal reserve - 0 - portion of the profit allocated for payment of the dividends - 2 030 310 LTL (588 018 EUR) (or LTL 0,17 (0,049 EUR)per ordinary registered share with nominal value of LTL 1) 4) Non-appropriated profit at the end of the year 2006 -11 066 319 LTL (3 205 027 EUR) Item 5 of the Agenda: To elect UAB “KPMG Baltics” as the Auditor of AB Vilkyskiu pienine for the term of the years 2008 and 2009. Resolution: UAB “KPMG Baltics” elected as the Auditor of AB Vilkyskiu pienine for the term of the years 2008 and 2009. If you require more information, please address: Vilija Milaseviciute Economist - analyst Tel.: +370 441 55 102