SANITAS

MATERIAL EVENT



CONVOCATION OF GENERAL MEETING OF SHAREHOLDERS



On 23 April 2004 at 11 a. m., the Annual General Meeting

of Shareholders of Sanitas AB

will be held on the initiative of the Supervisory

Board and resolution of the company’s General Director.

The meeting is taking place in the company’s conference

hall at Vytauto ave. 3, Kaunas. Registration starts at 10 am.

Agenda includes:

1. Auditor’s report on the Company’s financial statements

and activity report.

2. Approval of the company’s activity report for 2003.

3. Approval of the company’s annual financial

statements for 2003.

4. Profit distribution.

5. Reducing of authorised capital by annulling

the state – owned shares.

6. Changes of the company’s by-laws.



The record day of the General Meeting of

Shareholders – April 16, 2004.





Rūta

Head of the Legal and general issues department

(37) 20 06 62