ZEMAITIJOS PIENAS

MATERIAL EVENT



CONVOCATION OF THE GENERAL SHAREHOLDERS’ MEETING



(Unofficial translation done at the NSEL)



On 22 December 2003, at 3 p.m., a general meeting of shareholders is being

convened. Place of the meeting: 35 Sedos St., Telsiai. Beginning of

registration: 2 p.m. On the agenda:

1.Amendments and supplements to the Articles of Association

2.Election of the Supervisory Board (upon the expiry of office term)

3.Discussion of proposals concerning separation of activities.





Dalia Gecienė

Chief Financier

(+370-444)-22206