SANITAS

MATERIAL EVENT



RESOLUTIONS OF THE SUPERVISORY BOARD



(Unofficial translation done at the NSEL)



The Supervisory Board’s meeting of Sanitas AB held on 18 September 2003 adopted

the following resolutions:

1. approval of company’s forecasts for activity result 2003 as presented by

Administration. The company expects sales of products and services to reach LTL

32,5 m in 2003. Activity result forecast in 2003 is net profit LTL 220 thousand.

2. in order to optimise the company’s management, it was decided reorganize

companies „Baltijos finansų vystymo grupė“ UAB and „Sanitas“ AB, by

way of merger, whereby „Baltijos finansų vystymo grupė“ UAB to „Sanitas“ AB and

ceases to exist as a legal person

and „Sanitas“ AB continues its activities.

3. decision to publicize the Supervisory Board’s resolution regarding tender

offer to „Baltijos finansų vystymo grupė“UAB in the official gazette „Verslo

žinios“.





Rūta Milkuvienė

Head of the Legal and general Issues Department

(370 37) 20 06 62