Pieno Zvaigzdes AB - Notification on material event

Annual General Shareholders' Meting of Pieno Zvaigzdes AB

Vilnius, Lithuania, 2011-04-04 19:25 CEST (GLOBE NEWSWIRE) -- Annual Meeting of
Shareholders of Pieno Zvaigzdes AB is called on 28 April 2011 at 11.00 am (at
corporate headquarters at Perkunkiemio 3, Vilnius, Lithuania, company code 1246
65536, VAT code LT 246655314, data kept and stored at Legal Registrar) by the
decision by the company‘s Board. 

The Meeting will take place at corporate headquarters at Perkunkiemio 3,
Vilnius, Lithuania. 

Registration starts at 10:00 am.



Agenda of the Meeting:

1. Annual Report.
2. Audit report on the company's finance and the Annual Report.
3. Approval of the IAS accounts 2010.
4. Profit distribution.
5. Increase of share capital of Pieno Zvaigzdes, class of the new issue of
shares, number, par value and acquisition price. 
6. Amendment of the Articles of Association and approval of the new wording
7. Election of the Board Member
8. Election of the Audit Committee members.
9. Election of Audit Company.

The account date for the Annual General Meeting of Shareholders is 20 April
2011. Persons who are shareholders by the end of the account day may take part
and vote at Annual Meeting of Shareholders. 

12 May 2011 is the account day for the shareholders' rights, i.e. persons who
are shareholders by the end of the tenth working day will have the right to
profit sharing (dividend) ant preemptive rights to the new issue of shares. 

21 days prior to the Annual General Shareholders' Meeting the shareholders of
Pieno Zvaigzdes AB may get acquainted with the following issues at the
company's web page  http://www.pienozvaigzdes.lt: 

-  right and manner to raise questions to the company in advance regarding
Agenda of the Annual General Shareholders' Meeting; 

-  right to propose to add the Agenda of the Annual General Shareholders'
Meeting, propose draft resolutions as per Agenda; 

-  with all proposed draft resolutions, explanations by the Board and the
shareholders as well as other documentation which is presented to the Annual
General Shareholders' Meeting; 

-  with information related to implementation of the shareholder rights.

Pieno Zvaigzdes has not yet made the shareholders available to participate,
vote and give proxies to represent the shareholders at the Shareholders'
Meeting via electronic means. The company has not set authorization form. Any
shareholder may authorise legal or natural person to participate and vote for
the shareholder at the Meeting. Persons representing a shareholder have similar
rights to shareholder. Persons representing a shareholder shall present a valid
ID and authorisation as per legal regulations. 

A shareholder or his representative may vote in advance through filing in
general voting bulletin. Form of the general voting bulletin is presented at
the company‘s web site. General voting bulletin when filled in shall be signed.
In case vote is given by shareholder‘s representative, proxy shall be attached
to the bulletin. General voting bulletin shall be placed by registered mail to
Perkunkiemio 3, Vilnius or handed in person before the Meeting. 

All information about the coming Meeting of Shareholders is presented at Pieno
Zvaigzdes AB web page http://www.pienozvaigzdes.lt. 



Audrius Statulevicius

CFO

+370 5 246 1419

Attachments:

General voting bulletin_2011.pdf

2011 Draft profit distribution.pdf

2011 AGM draft resolution.pdf

IFRS Pieno zvaigzdes10 EN_final.pdf