ZEMAITIJOS PIENAS

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDERS' MEETING



At 4 pm on 28 March,  2000 the general shareholders' meeting will

take place. On the agenda:

1) report of the Board on the company's  economic activity in 1999;

2) amendments to the Articles of Association;

3) report of the auditor;

4) approval of the financial statements of 1999;

5) approval of the profit (loss) distribution;

6) taking of credit;

7) other issues.





Lina Semėnaitė

Information specialist

(22) 72 18 58