Results of AGM

FOR IMMEDIATE RELEASE June 9, 2011

UKRPRODUCT GROUP LIMITED

ANNOUNCES THE RESULTS OF AGM

Kyiv, Ukraine - June 9, 2011 - Ukrproduct Group Limited (the "Company") (AIM: UKR), a leading producer and distributor of branded dairy products in Ukraine, announces that all resolutions put to shareholders at the Annual General Meeting of the Company (the "AGM"), which took place on June 9, 2011, were duly approved.

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For further information, please visit www.ukrproduct.com or contact: 

WH Ireland Limited Metropol (UK) Limited

Robin Gwyn Natalia Pastukhova

Tel: +44 161 832 2174 Tel. +44 (0) 20 7439 6880

Ukrproduct Group Ltd is one of the leading Ukrainian producers and distributors of branded dairy products. The Group's product portfolio includes processed and hard cheese, skimmed milk powder (SMP) and butter. Ukrproduct has built a range of recognisable product brands ("Our Dairyman", "People's Product", "Creamy Valley", "Molendam", "Farmer's") that are well known and highly regarded by consumers. The Group has modern production facilities that comprise four operational dairy plants in western and central regions of Ukraine (a dairy plant in Starokonstantyniv with two satellite plants in Krasyliv and Letychiv, and a butter and cheese plant in Zhytomyr) with a total annual integrated capacity of approximately 70,000 tonnes of dairy products. With its own fleet of more than 150 vehicles, Ukrproduct has one of the largest logistics and distribution networks in Ukraine which covers the country's eight major cities.