SANITAS

MATERIAL EVENT



RESOLUTIONS OF THE GENERAL MEETING



(Unofficial translation done at the NSEL)



The General Meeting of Sanitas AB convened on 24 March 2003 adopted the

following resolutions:

1. Approval of the company’s activity report for 2002.

2. Approval of the audit report for 2002.

3. Approval of the annual financial statements for 2002 and approval of

2002 profit distribution.

4. Approval of the new version of the company’s Articles of Association.

5. Revocation of the Supervisory Board and election of the following new

members of the Supervisory Board for a 4-year term:

Dailius - Juozapas Mišeikis

Darius Šulnis

Tomas Nausėda

Donatas Jazukevičius

6. Resolution to permit the company to acquire own shares and to form a reserve

 for the acquisition of own shares.

7. Resolution to authorize the head of the administration to establish

subsidiaries,  sign contracts regarding loans or investments, or sale or

pledging of the company’s property to guarantee discharge of obligations

assumed by the company, which may be done upon receiving the approval of the

Supervisory Board.  

8. Resolution to elect an auditor of the company at the following General

Meeting.





Rūta Milkuvienė

Lawyer

(370 37) 20 06 62