Pieno zvaigzdes    STOCK EXCHANGE RELEASE   2005.11.03



Extraordinary General Shareholders‘Meeting of Pieno zvaigzdes



Extraordinary General Shareholders‘Meeting of Pieno zvaigzdes (company code

124665536) is announced at 11:00 on 8 December 2005 at the company‘s premises

at Laisves Ave. 125 in Vilnius based on the initiative and decision by the

Board. Registration starts at 10:00. 1 December 2005 is the account date of

the Meeting.



Agenda:

1. Elections of the Board member.

2. Establishment of reserve to acquire the company‘s shares.



Draft decisions:

1. Elections of the Board member

Elect the candidate who receives majority of votes.

2. Establishment of reserve to acquire the company‘s shares.

2.1. Reduce the company‘s undistributed reserves by LTL 3,000,000 (three

million) and establish a reserve of LTL 3,000,000 (three million) to acquire

company‘s shares as per the Company Law of Republic of Lithuania Article 20

Chapter 1 Item 10. 



Audrius Statulevicius

CFO

(+370 5)246 1419