Sanitas AB

Company event



Convocation of Extraordinary General Meeting of Shareholders



On June 11, 2005 at 11 a. m., the Extraordinary General Meeting of Shareholders

of Sanitas AB will be held on the initiative of the Supervisory Board and

decision of the company’s General Director. The meeting is taking place in the

conference hall of the Central Securities Depository of Lithuania, at

Konstitucijos 3, Vilnius. Registration starts at 10.30 a. m. The record day of

the General Meeting of Shareholders is June 6, 2005.



Agenda includes:

1. Change of the nominal (face) value of the Company’s shares.

2. Approval of an amendment and new wording of the Articles of Association.



Proposed draft decisions of the meeting:

1. To change the nominal value of the ordinary registered shares (ORS) of

the company from LTL 5 to LTL 1, replacing each ordinary registered share of

LTL 5 by nominal value possessed by the shareholders with 5 ordinary

registered shares worth LTL 1 by nominal value.

2. To change paragraph 5.1 of the Articles of Association of the company,

without changing the size of the authorized capital of the company:

"5.1. The authorized capital of the company is divided into 8.955.295 (eight

million nine hundred fifty five thousand two hundred and ninety five)

ordinary registered shares. The nominal value of one share is LTL 1 (one)."





Ruta Milkuviene

Head of the Legal and General Issues Division

(+370 37) 20 06 62