OREANDA-NEWS. November 25, 2009. Wimm-Bill-Dann Foods OJSC [NYSE: WBD] announced that the Company intends to complete a one-to-four Depository Receipt split.

Following a resolution by the Board of Directors on October 16, 2009 to amend its Depository Receipt program, Wimm-Bill-Dann Foods intends to complete a one-to-four split of its Depository Receipts on November 16, 2009. From this date, four Depository Receipts will represent one common share. The number of common shares remains unchanged.

The share split is being carried out in order to increase the liquidity of the Company’s shares by facilitating the expansion of the shareholder base and providing existing shareholders with additional flexibility in managing their portfolios. The stock split is being carried out on a pro-rata basis and applies to all holders of Depository Receipts and does not have an effect on the ownership structure of the Company or the total value of its share capital.