On the initiative of and according to the decision of the company board Žemaitijos pienas AB calls for an ordinary general meeting of shareholders, which will take place at the company's location in Sedos g. 35, Telšiai at 3 p.m. on 27 April 2007. The registration shall begin at 2 p.m. The day of the meeting record is scheduled for 20 April 2007. Agenda of the meeting: 1. Annual report of the company. 2. Company auditor's report. 3. Approval of the company's financial accountability for the year 2006. 4. Distribution of the company's profit in the year 2006. 5. Selection of the audit company and setting the payment terms. 6. Reagarding the amendments of the Charter. Shareholders shall be able to review the documents related to the meeting's agenda as of 17 April 2007, workdays from 9 a.m. to 5 p.m. at the company's location in Sedos g. 35, Telšiai. Dalia Geciene Chief Financial Officer (8-444) 22206