07-05-2008 (date of announcement) Notification on the transaction in issuer's securities Algirdas Pažemeckas, Chairman of the Board (name, surname and capacity of the notifying person, or the manager of the issuer, with whom the notifying person is closely associated) AB „Žemaitijos pienas“, identification code 180240752, Sedos g. 35, Telšiai (name and code of the issuer, its registered office address) Name and class of the security, ISIN code Number of the securities Price of securities, LTL Total value of transaction, LTL Form of transaction (acquisiti on, transfer) Type of transaction Date of conclusion of the transaction Place of the transaction * Form of the settlement Category of the person * * LT0000121865 PVA 1.650.000 1,71 2.821.500,00 Acquisition Purchase 2008-04-30 XOFF Money 1.1. A manager of the issuer _____________________________________ (name and surname) (signature) * AUTO - automatically matched trade concluded in the regulated market; TS - manual trade concluded in the regulated market; XOFF - OTC trade. ** 1. A manager of the issuer (as defined in the item 5.1. of the Rules): 1.1. Manager of the Company; 1.2. Member of the Board; 1.3. Member of the Supervisory Board; 1.4. Other employee. 2. A person closely related to the manager of the issuer (as defined in the item 5.2. of the Rules): 2.1. Spouse, partner; 2.2. Child, foster child; 2.3. Other person; 2.4. Legal person.