Draft resolutions of the extraordinary general meeting of shareholders of Žemaitijos Pienas AB to be held on 8 February 2008

Draft resolutions of the extraordinary general meeting of shareholders of
Žemaitijos Pienas AB to be held on 8 February 2008 


1.	Regarding change of the nominal value of the company's shares and increase
of the number of shares. 

To change the nominal value of ordinary registered shares of Žemaitijos Pienas
AB from 10 (ten) litas to 1 (one) litas. All shareholders of the Company have
to change each held ordinary registered share of the nominal value of 10 (ten)
litas to 10 (ten) ordinary registered shares on the nominal value of 1 (one)
litas. 

2.	Regarding amendment of the company's Articles of Association.

The company's authorized capital amounts to LTL 48,375,000 (forty eight million
three hundred seventy five thousand). The authorized capital is divided into
48,375,000 (forty eight million three hundred seventy five thousand) ordinary
registered shares with the nominal value of 1 (one) litas per share. 
To authorize Algirdas Pažemeckas, General Director, to sign the amendments of
the Articles of Association and submit them to the Register of Legal Entities
for registration. 

Gintaras Keliauskas
Lawyer, tel. 8 444 22208