ZEMAITIJOS PIENAS

MATERIAL EVENT



EXTRAORDINARY GENERAL MEETING’S RESOLUTIONS



(Unofficial translation done at the NSEL)



On 26 September 2003, the General Meeting of Zemaitijos Pienas AB was held.

Resolutions of the General Meeting are as follows:

1) to charge the Board of Zemaitijos Pienas AB to make the analysis of the

company‘s main and secondary activities and to prepare a plan of their further

development and management;

2) to authorise the Chairman of the Board to represent the company regarding

obtaining of loans and mortgage of assets.





Dalia Gecienė

Chief Financier

(370 444) 22206