Pieno Zvaigzdes

Director's Dealing • Dec 21, 2011

21 December, 2011 Date of the notification

Notification on the transactions in issuer's securities concluded by the manager of the issuer or the person closely associated with the manager of the issuer

Julius Kvaraciejus, board member

(name, last name, capacity or name of legal person, code of legal entity)

(name, last name, capacity of the manager of the issuer, with whom the notifying person is closely associated)

AB "Pieno žvaigždės", company code 124665536, Perkūnkiemio st. 3, LT-12127 Vilnius (name and code of the issuer, its registered office address)

Name and class of	Number	Price of	Total	Form of the	Type	Date of the	Place	Form	Category
the securities,	of the	the secu-	value of	transaction	of the	transaction	of the	of	of the
ISIN code	securities	rities,	the trans-	(acquisition	trans-		trans-	settlem	notifying
		EUR	action,	transfer)	action		action*	ent	person**
			EUR
$AB,$ Pieno	214 600	1.6700	360 000	acquisition	buy	2011.12.19	TS	money	1.2
žvaigždės"
PVA,
LT0000111676

Julius Kvaraciejus, board member

$\ast$

AUTO - automated trade concluded on a regulated market or multilateral trading facility TS - a negotiated deal concluded on a regulated market or multilateral trading facility XOFF - trade concluded over the counter

** In the box "Person's category" a reference number identifying the person shall be indicated.

1. A person discharging managerial responsibilities with the issuer (as defined in item 5.1 of the Rules):

2. 1.1. Manager of the issuer;

3. 1.2. Member of the Board;
4. 1.3. Member of the Supervisory Board;
5. 1.4. Other employee.
6. 1. Persons closely related to the person discharging managerial responsibilities with the issuer:
7. 2.1. Spouse, partner;
8. 2.2. Child, foster child;
9. 2.3. Relative;
10. 2.4. Legal person.