Wimm-Bill-Dann Foods OJSC Announces Second Quarter 2010 Conference Call and Web Cast

Wimm-Bill-Dann Foods OJSC [NYSE: WBD] will host a conference call and Web cast on Thursday, September 2, 2010 at 4:00 PM Moscow Time, 1:00 PM London Time and 8:00 AM New York Time to discuss the Company's second quarter 2010 financial results. Hosting the call will be Tony Maher, Chief Executive Officer, and Dmitry Ivanov, Chief Financial Officer.

The conference call will also be broadcast live through a link on the Wimm-Bill-Dann Web site at http://www.wbd.com. Please go to the Web site at least 15 minutes prior to the call to register, download, and install any necessary audio software.

If you are not able to access the live Web cast, dial in information is as follows:

For your convenience, the conference call can be replayed in its entirety beginning 2 hours after the call has ended on September 2, 2010 through September 16, 2010. If you wish to listen to the replay of this conference call, dial in information is as follows:

Some of the information contained in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Wimm-Bill-Dann Foods OJSC, 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 Foods OJSC files from time to time with the U.S. Securities and Exchange Commission, specifically, the Company's most recent Form 20-F. These documents contain and identify important factors, including those contained in the section captioned "Risk Factors" in our Form 20-F, 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, and risks associated with our competitive environment, acquisition strategy, ability to develop new products or maintain market share, brand and company image, operating in Russia, volatility of stock price, financial risk management, and future growth.

NOTES TO EDITORS

Wimm-Bill-Dann Foods OJSC was founded in 1992 and is the largest manufacturer of dairy products and a leading producer of juices and beverages in Russia and the CIS. The company produces dairy products (main brands include: Domik v Derevne, Chudo, Imunele, Bio Max and more), juices (J7, Lubimy Sad, 100% Gold), Essentuki mineral water and Rodniki Rossii natural water, Zdraivery kids’ brand and Agusha baby food.

The company has 37 manufacturing facilities in Russia, Ukraine, Kyrgyzstan, Uzbekistan and Georgia with over 16,000 employees. In 2005, Wimm-Bill-Dann became the first Russian dairy producer to receive approval from the European Commission to export its products into the European Union.

In 2010, Standard & Poor's Governance Services confirmed on WBD its governance, accountability, management, metrics, and analysis (GAMMA) score "GAMMA- 7+”. The score reflects the effective work of the Board of Directors and, in particular, the real influence of independent directors in the decision-making process and the adherence of the controlling shareholders to the highest standards of corporate governance.