SANITAS

MATERIAL EVENT



PROPOSAL TO ACQUIRE SHARES



(Unofficial translation done at the NSEL)



The issuer has received a proposal to acquire up to 100% of the company’s block

of shares. Additional information on the proposal will be announced

at approximately 11 a.m. on 22 November 2002.





Rūta Milkuvienė

Lawyer

(370 37) 20 06 62