Moscow, April 15, 2004 — Wimm–Bill–Dann Foods OJSC today announced the acquisition of 76.98 % of the total share capital of Toshkent Sut ??J. The sum of the transaction amounted to approximately US$130,000. The number of plants owned by Wimm–Bill–Dann Foods OJSC has now reached twenty five.

The plant was commissioned on January 1st, 1975, its designed capacity is 300 tons per day. The plant manufactures traditional dairy products and employs over 200 people.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Wimm-Bill-Dann, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to conform them to actual results. We refer you to the documents Wimm-Bill-Dann files from time to time with the U.S. Securities and Exchange Commission, including our Form F-1. These documents contain and identify important factors, including those contained in the section captioned “Risk Factors” in our Form F-1, that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, potential fluctuations in quarterly results, our competitive environment, acquisition strategy, risks associated with operating in Russia, volatility of stock price, financial risk management, and future growth subject to risks.