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Pieno Zvaigzdes

Earnings Release • Oct 30, 2008

2253_iss_2008-10-30_4aa72d15-d918-49a0-879e-5d82e67fd21c.html

Earnings Release

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Disclosure 263616

Pieno Zvaigzdes AB - Notification on material event

Pieno zvaigzdes AB, non audited financial results for the 9 months 2008

Revenues for the 9 months 2008 reached 505.7 million LTL (146.5 million EUR) and have increased by 0.8% compared to the revenues of 501.6 million LTL (145.3 million EUR) a year ago. EBITDA for the 9 months 2008 reached 39.4 million LTL (11.4 million EUR) and have decreased by 39.5% compared to 65.1 million LTL (18.9 million EUR) a year ago. Net profit for the 9 months 2008 was 0.1 million LTL (0.03 million EUR) compared to net profit of 25.1 million LTL (7.3 million EUR) a year ago. Audrius Statulevicius CFO (+370 5)246 1419