ZEMAITIJOS PIENAS

MATERIAL EVENT



THE SUPERVISORY BOARD HAS ELECTED MEMBERS OF THE BOARD



(Unofficial Translation Done at the NSEL)



On 30 January 2004, the Supervisory Board of Zemaitijos Pienas AB elected

5 members of the Board. The elected members of the Board are Algirdas

Pazemeckas, Dalia Geciene, Irena Baltrusaitiene, Romusas Jarulaitis,

Borisas Seminogovas.





Dalia Gecienė

Chief Financier

(+370-444) 22206