Pieno Zvaigzdes

Earnings Release • Oct 1, 2008

Disclosure 262554

Pieno Zvaigzdes AB - Notification on material event

Pieno zvaigzdes AB, expected results for the 9 months of 2008

Preliminary sales of Pieno Zvaigzdes AB over first nine months in 2008 reached 505 million Litas (146.3 million EUR) at 0.7% higher compared to the same period a year ago. The company expects to report net profit for the nine months in 2008. Accurate results of the nine months in 2008 will be publicly announced on 30 October 2008. Preliminary net loss over first eight months in 2008 was reduced to 0.8 million Litas (0.2 million EUR). Audrius Statulevicius CFO (+370 5)246 1419