Wimm-Bill-Dann Foods Announces Fourth Quarter and Year End 2008 Conference Call and Web Cast

Wimm-Bill-Dann Foods OJSC [NYSE: WBD] will host a conference call and Web cast on Wednesday, March 18, 2009 at 5 PM Moscow Time, 2 PM London Time and 10 AM New York Time, to discuss the Company's fourth quarter and year end 2008 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 March 18, 2009 through March 31, 2009. If you wish to listen to the replay of this conference call, dial in information is as follows:

About Wimm-Bill-Dann Foods OJSC

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, Neo, 2Bio, 33 Korovy, Chudo and more), juices (J7, Lubimy Sad, 100% Gold), Essentuki mineral water and Agusha baby food. The company has 37 manufacturing facilities in Russia, Ukraine, Kyrgyzstan, Uzbekistan and Georgia with over 18,000 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 2008, Standard & Poor's Governance Services assigned 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.