Board of Directors of Milkiland N.V. recommended to the Annual General Meeting of Shareholders to declare a dividend to its shareholders in the amount of EUR 0.07 per ordinary share for the year ended 31 December 2013.

Milkiland Ukraine supplied the first lot of cheese to Turkmenistan under a contract signed in November this year. The contract with the Turkmen buyers totaling USD 2 million is valid until December 31, 2014.

On 15 November 2013, according to the decision of Annual General Shareholders Meeting dated 21 June 2013, Milkiland paid a dividends to its shareholders in the amount of EUR 0.08 per ordinary share for the year ended 31 December 2012.

On 22 October, 2013, Mr. Andriy Strilets was appointed at the position of the CEO of DE” Milkiland Ukraine”.

Milkiland launched a new cutting, slicing and vacuum packing line at Ostankino Dairy Combine in order to meet the needs of Russian consumers and to win more customer loyalty to Dobryana cheese in the Russian market.