PIENO ZVAIGZDES

MATERIAL EVENT



DECISIONS OF THE GENERAL SHAREHOLDERS’ MEETING



On 26 April 2002, a general meeting of AB Pieno Zvaigzdes took place. The

meeting resolved to:

1) approve report of the Management Board on the company’s performance;

2) reduce the reserve available for distribution for the acquisition of own

shares from LTL 6 million to LTL 1 million;

3) approve the company’s financial statements of 2001 and profit appropriation;

4) rent, sell or transfer in other way the company’s long-term assets.





Julius Kvaraciejus

President

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