PIENO ZVAIGZDES

MATERIAL EVENT



CONVOCATION OF A GENERAL SHAREHOLDER’S MEETING



At 12pm, on 5 September 2000, the extraordinary shareholders’ meeting will be

held at the premises of AB Pieno Zvaigzdes (head office 125 Laisves pr,

Vilnius) branch Mazeikiu Pienine at 4 Skuodo St., in Mazeikiai.

On the agenda:

1) reorganisation of the company by way of merging, AB Kauno Pienas, which will

end its activities as a legal person, will merge with AB Pieno Zvaigzdes, which

 will continue its activities.

2) approval of the reorganisation project (appendices including);

3) approval of Articles of Association of the company that will function after

reorganisation;

4) increase of the authorised capital;

5) issue regarding not granting all shareholders the priority right to acquire

the newly issued shares;

6) granting of authorisation to the management body of the company;

7) mortgage, indemnity, and guarantee of the long-term assets.





Voldemaras Klovas

Chairman of the Board

8 (293) 65341