2013-04-05 11:12:20 CEST

2013-04-05 11:13:34 CEST


REGULATED INFORMATION

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Zemaitijos Pienas AB - Notification on material event

The Board of AB Žemaitijos Pienas proposes the following draft resolutions for the General Meeting of 26 April, 2013 


Telšiai, Lithuania, 2013-04-05 11:12 CEST (GLOBE NEWSWIRE) -- 
05-04-2013 



                      The Board of AB Žemaitijos Pienas proposes the following
draft resolutions for the General Meeting, which will take place on 27 April,
2013: 



1) Presentation and hearing of the Company's Audit Committee Report.

Proposed draft resolution:

The heard Report.



2) Presentation and hearing of the Auditor's Report and Annual Consolidated
Financial Report for the year 2012. 

Proposed draft resolution:

To approve the Auditor's Report and the Annual Consolidated Financial Report
(attached). 



3) Approval of the Company's Consolidated Financial Statements for the year
2012. 

  Proposed draft resolution: To approve the project (attached).

  To approve the audited Consolidated Financial Statements for the year 2012
(attached). 



  4) Approval of the Company's profits distribution for the year 2012.

  Proposed draft resolution:

  To approve the following distribution of the Company's profit (loss) for the
year 2012: 







                                                                Thousan  Thousan
                                                                d LTL    d EUR  
--------------------------------------------------------------------------------
1.  Profit (loss) brought forward in the beginning of the        57,982   16,793
     reporting year                                                             
--------------------------------------------------------------------------------
2.  Net profit (loss) of the current financial year              22,122    6,407
--------------------------------------------------------------------------------
3.  Transfers from reserves                                                     
--------------------------------------------------------------------------------
4.  Total profit (loss) to be appropriated                       80,104   23,200
--------------------------------------------------------------------------------
5.  Share of profit allocated to the Reserve for Acquisition          0        0
     of Own Shares                                                              
--------------------------------------------------------------------------------
6.  Share of profit to pay dividends                                  0        0
--------------------------------------------------------------------------------
7.  Share of profit for annual payments (bonuses) to the              0        0
     members of the Board and the Supervisory Board                             
--------------------------------------------------------------------------------
8.  Share of profit for employee bonuses                              0        0
--------------------------------------------------------------------------------
9.  Profit (loss) brought forward at the end of the reporting    80,104   23,200
     year, transferred to the next financial year                               
--------------------------------------------------------------------------------



   5) On election (dismissal) of the Company's Audit Committee members and
other matters related to the Company's Audit Committee. 

  Proposed draft resolution:

To approve the new Company's Audit Committee.






         Gintaras Keliauskas
         Teisininkas
         + 370 444 22208