Notifications on transactions concluded by managers of the companies

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.