Vilkyskiu Pienine AB - Notification on material event

Decisions taken at the ordinary general meeting of the Shareholders, held on 28 April 2011

The following decisions were taken at the Ordinary General Meeting of the
Shareholders of AB Vilkyskiu pienine which was held on the 28 April 2011: 

Item 1 of the Agenda: The annual report of the Company of the year 2010.

Resolution: To approve the annual report of the Company of the year 2010.

 Item 2 of the Agenda: Auditor‘s Report regarding the Company's Financial
Statements for 2010. 

Heard.

 Item 3 of the Agenda: Approval of the Company's Separate and Consolidated
Financial Statements for 2010. 

Resolution: To approve the Company's Separate and Consolidated Financial
Statements for 2010. 

 Item 4 of the Agenda: Profit (loss) appropriation for the year 2010.

Resolution: To approve the Audited Profit appropriation for the year 2010 as
follows under IAS (in thousand Litas; in thousand EUR): 

1) Non-appropriated profit (loss) at the end of the year 2009 -    5.526 LTL
(1.600 EUR) 

2) Net profit (loss) of the reporting period -                                 
3.064 LTL (887 EUR) 

3) Transfers from reserves -                                                 
       438 LTL (127 EUR) 

4) Total profit (loss) to be appropriated -                                    
 9.028 LTL (2.615 EUR) 

from it:

 - portion of the profit allocated to the legal reserve -                     
259 LTL (75 EUR) 

 - portion of the profit allocated for payment of the dividends -    2.866 LTL
(830 EUR) 

(or 0,24 LTL (0,0695 EUR) per ordinary registered share with nominal value of 1
LTL) 

 - portion of the profit allocated to the other reserves -                     
  0 LTL (0 EUR) 

 - portion of the profit allocated to be paid as annual payouts (tantiemes)

to board members, bonuses to employees and for other purposes - 100 LTL (29 EUR)

5) Non-appropriated profit (loss) at the end of the year 2010 carried forward
to next financial year -   5.803 LTL (1.681 EUR) 








         Vilija Milaseviciute
         Finance director
         tel. +370 441 55102