SANITAS

MATERIAL EVENT



RESOLUTIONS OF THE SUPERVISORY BOARD



On 22 March 2004, the Supervisory Board of Sanitas AB

decided to propose for the General Shareholders Meeting

to allocate from the distributable profit 179 105.90 LTL

for the dividend payment for the year 2003. Thus dividend

per share would amount for 0.10 LTL.



The Supervisory Board proposes to reduce the Company’s

authorized capital by 18 859 505 LTL by annulling of 

3 771 901 the state – owned shares, the part of which

was taken over from Baltijos finansu vystymo grupe AB

during the reorganization of the companies.





Ruta Milkuviene

Head of the Legal and general issues department

(37) 20 06 62