Transfer of non-current assets of AB „Rokiskio suris“


Rokiskio suris	Stock Exchange Release		03.01.2007

Transfer of non-current assets of  AB „Rokiskio suris“ 

Pursuing business separation procedure when fresh dairy production 
is separated from cheese production, and following the 28th April 
2006 General meeting of shareholders, the 2nd January 2007 Meeting 
of the Board of Directors of AB “Rokiskio suris” resolved to 
transfer to Closed joint stock company “Rokiskio pienas”, which is 
established and owned by AB “Rokiskio suris” by 100 per cent, 
non-current assets amounting to LTL 26.848.700. (EUR 7.775.921)
The assets were evaluated by outside evaluator according to established 
order by legal acts regulating assets evaluation.
The assets to be transferred consist of production facilities and premises 
of subsidiaries Utenos pienas and Ukmergės pieninė, and it will be needed 
for development of fresh dairy production.
On 2nd January 2007, AB “Rokiskio suris” as a sole shareholder of Closed 
joint stock company “Rokiskio pienas”, resolved to increase the Authorised 
capital of Closed joint stock company “Rokiskio pienas” from LTL 10.000 
(ten thousand) (EUR 2.896,20) to LTL 26.858.700 (twenty six million eight 
hundred fifty eight thousand seven hundred) (EUR 7.778.817,19) by the 
shareholder’s additional non-monetary contribution, and there will be issued 
2.684.870 shares of UAB „Rokiškio pienas“ at par value of LTL 10. AB “Rokiskio 
suris” shall own the shares and votes by 100 per cent.

Dalius Trumpa
Operations director
8 458 55204