ZEMAITIJOS PIENAS

MATERIAL EVENT



RESOLUTIONS OF THE GENERAL MEETING



(Unofficial translation done at the NSEL)



The General Meeting held on 30 April 2003 adopted the following resolutions:

1.Approve the company’s activity report for 2002.

2.Approve the audit report.

3.Approve the company’s annual financial statements for 2002.

4.Approve the company’s profit distribution for 2002. Transfer all the profit

to reserves available for distribution. Dividends will not be paid.

5.Approve the amendments and supplements to the Articles of Association.





Dalia Gecienė

Chief financier

(370 444) 22206