Directorate Change

Ukrproduct Group Ltd
10 April 2008

                              Ukrproduct Group Ltd



                            ("UPG" or the "Company")



                                  Board change



The Company announces that Iryna Yevets has tendered her resignation as Chief
Executive Officer of the Company in order to pursue other business interests.
Iryna will continue as Chief Executive Officer until she steps down from the
Board on 9 July 2008. It is the Board's current intention that Sergey Evlanchik
will take up this position from that date.



Sergey was Chief Executive Officer of the Company at the time of the Company's
admission to AIM in February 2005 and was instrumental in UPG's success prior to
and post flotation, establishing the Company as one of the market leaders in the
Ukrainian dairy produce market until he resigned this position in June 2006.  As
an executive director of the Company, he has remained closely involved in its
development.  He is a substantial shareholder of the Company.



Until 21 March 2008, Iryna was also president of the Company's principal
operating subsidiary, Ukrproduct Ukraine.  Subsequent to her resignation from
this position, on 24 March 2008,Yuriy Hordiychuk, previously head of production,
who has been with the Company since 2002, was appointed president of the
subsidiary.



Jack Rowell, Chairman, commented, "The Board would like to thank Iryna for her
work over the last 6 years and her contribution to the development of the
Company and its product offering. We are delighted that Sergey is resuming his
former role of Chief Executive Officer"



For further information please contact:


Ukrproduct Group Limited                             [phone]
Dmitry Dragun, CFO,


WH Ireland Limited                                   0161 832 2174
David Youngman





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