SANITAS AB		STOCK EXCHANGE RELEASE		11.06.2005.



Decisions of General Shareholders’ Meeting 



1) The General Shareholders’ Meeting of 11 June 2005 has 

resolved not to change the par value of the Company’s ordinary 

registered shares from LTL 5 to LTL 1 by splitting each share 

of LTL 5 par value into five shares of LTL 1 par value to all 

shareholders.

2) The general Shareholders’ Meeting of 11 June 2005 has resolved:

Revocation of the pre-emptive right to acquire shares 

of the new issue.

-To revoke the pre-emptive right to acquire shares of the new issue 

of all Company shareholders’.

- To grant an exclusive right to acquisition and offering of 

408 941 ordinary registered shares of LTL 5 (five) par value of the 

new issue to the financial brokerage firm public company Finasta, 

company code 1225 70630, registered office at 23 Konstitucijos ave., 

Vilnius.

-The cause of the revocation of the pre-emptive right is the fact that, 

acting in accordance with the provisions of paragraph 1 of Article 11

of the Law on Securities Market, the intermediary in public trading 

of securities, i.e. the financial brokerage firm public company Finasta,

is granted the right to underwrite the public offering of the shares.

Increase of the Company’s authorised capital from complementary 

contributions.

- To increase the Company’s authorised capital from complementary

 monetary contributions in the amount of LTL 2 044 705, i.e. 

from LTL 8 955 295 to LTL 11 000 000, by issuing 408 941 ordinary 

registered shares of LTL 5 (five) par value and fixing the minimum 

issue price per share at LTL 50. To authorise the Company’s Director 

General to establish a detailed order of the public offering, offer price

range, and offer price of the new share issue.

Approval of amendments and the new wording of the Company’s 

Articles of Association.

4.1. After all shares of the new issue have been fully subscribed for,

to amend clause 5.1 of the Company’s Articles of Association as 

follows:

“5.1. The Company’s authorised capital is divided into 2 200 000 

(two million two hundred thousand) ordinary registered shares. 

The par value of one share is LTL 5 (five).”

4.2. To authorise the Company’s Director General, 

Saulius Jurgelėnas, to sign the amended Articles of Association 

of AB “Sanitas” and other related documents, to register the amended 

Articles of Association in the manner prescribed by the legal acts and

perform other actions related thereto. The Company’s Director 

General is authorised, where not all shares are subscribed for within the 

time period devoted for subscription of the shares, to increase the 

Company’s authorised capital by the amount which is equal 

to the aggregate par value of the shares subscribed for, making 

respective changes in the size of the authorised capital and the 

number of the shares, and submit the amended Articles of Associated 

to the manager of the Register of Legal Entities”



Saulius Jurgelenas

General Director

(37) 20 06 62