Pieno Zvaigzdes AB

Company event



Concerning the convocation of the general meeting of shareholders on November

29, 2004



A notice is hereby given that at 11 a.m. on November 29, 2004 the extraordinary

general meeting of shareholders of Pieno zvaigzdes AB (the Registered Office -

Laisves pr. 125, Vilnius; company code - 2466553; VAT payer's code - LT

246655314; the data are accumulated and stored in the Register of Legal Persons)

is called. The right to participate and vote at the meeting is given to the

shareholders of Pieno zvaigzdes AB, which continues after reorganization, and to

the shareholders of Panevezio pienas

AB, which ends its activity after the reorganization.

The meeting is called on the initiative and by the decision of Board of Pieno

zvaigzdes AB. The meeting will be held in the registered office of Pieno

Zvaigzdes AB in Laisves pr. 125, Vilnius. Registration of shareholders

starts from 10.30 a.m. Registration day of the AGM is November 22, 2004.

On the Agenda:

1. Approval of the amended Articles of Association of Pieno zvaigzdes AB, which

continues after the reorganization;

2. Granting of authorization;

3. Election of the Board of the Company.





Aleksandr Smagin

General Director

(+370 5) 246 14 14