Pieno Zvaigzdes AB - Notification on material event

Pieno zvaigzdes AB, not audited financial results for the year 2007

Revenues for the year 2007 reached 663.4 million LTL (192.1 million EUR) and
have increased by 21.7% compare to the revenues of 545.0 million LTL (157.9
million EUR) a year ago. 

EBITDA for the year 2007 reached 88,0 million LTL (25.5 million EUR) and have
increased by 43% compare to 61.6 million LTL (17.8 million EUR) a year ago. 

Profit before profit tax (EBT) for the year 2007 reached 40.9 million LTL (11.8
million EUR) and have increased by 75.5% compare to 23.3 million LTL (6.7
million EUR) a year ago. 

Net profit for the year 2007 was 33.3 million LTL (9.6 million EUR) and has
increased by 80.1% compare to 18.5 million LTL (5.3 million EUR) a year ago. 


Audrius Statulevicius
CFO
(+370 5)246 1419