Report on Corporate Governance

The annual report on corporate governance has been prepared in accordance with the provisions of the Code of Conduct published by Borsa Italiana, and it is consistent with best international practices and deals with the evolution of the corporate governance system of Parmalat S.p.A. in 2005, particularly in the months after October 1, 2005, the date of the approval of the Proposal of Composition with Creditors.

	Our products

Parmalat offers milk products and fruit based drinks at a global level, assuring quality through international well known brands such as Parmalat and Santal alongside strong local brands on each market.

	Extraordinary Shareholders' Meeting 2008

The Extraordinary Shareholders’ Meeting, convened on the third call for June 4th, 2008 in Parma, has not taken place because the legal quorum has not been reached