Decisions of the annual general shareholders meeting of Pieno Zvaigzdes, AB which was held on 27 April 2007 at 11:00 am (registration started at 10:00 am) at Hotel Le Meridien Villon, highway A2, Vilnius-Ryga, LT-03005 Vilnius-9, Lithuania: 1. Company's Annual report. Taken for the information. 2. Information of the Company's auditors. Taken for the information. 3. Approval of the Company's annual financial statements for the year 2006. Decision: 1. To approve audited Company's annual financial statements for the year 2006, prepared according to the International Financial Reporting Standards. 4. Allocation of 2006 Company's profit. Decision: To allocate the Company's profit of the year 2006 according the draft of profit allocation presented for Annual General Meeting of Shareholders: The Board proposes for the Annual General Meeting to allocate from the Company's distributable profit LTL 10.779.504 (EUR 3.121.960) for the dividend payment for the year 2006 or LTL 0.20 (EUR 0.058) dividend per share. To transfer to the own shares acquisition reserve LTL 3.000.000 (EUR 868.860). To allocate LTL 200.000 (EUR 57.924) for the annual payments to the members of the Board for the year 2006. To transfer to the social activities reserve LTL 300.000 (EUR 86.886). 5. Acquisition of the Company‘s shares. Decision: Purchase the shares of Pieno Zvaigzdes AB through a non-obligatory official offers following the legal procedures of the securities‘ market. a) purpose of acquiring shares is to stabilize share market price, increase liquidity and avoid losses due to decrease in share price; b) par values of all purchased shares shall not exceed 10% of statutory capital; c) the Company may execute purchase of its shares within 18 calendar months; d) the lowest and the highest purchase price shall not exceed 30% of the arithmetic average of the last week‘s trade at the central market of Vilnius Stock Exchange; e) the lowest sales price of purchased shares shall not exceed 2/3 of the purchase price. The shares shall be sold in the central securities market or through an auction in order to ensure the equal possibilities to all shareholders. All shareholders shall be informed of the auction by registered mail or through public announcement. As per this resolution by the General Shareholders Meeting and as per Act 54 of the Company Law of Republic of Lithuania the Board of the company is authorized to take all decisions relating to time and price to purchase shares as well as to time, price and manned to sell shares and decide on other issues that are not foreseen in this resolution. 6. Approval of the audit company. Decision: Approve KPMG Baltic as company auditor for the 2007 and 2008 financial year. Audrius Statulevicius CFO (+370 5)246 1419