2012-01-27 17:43:40 CET

2012-01-27 17:44:40 CET


REGULATED INFORMATION

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Sanitas AB - Notification on material event

Draft resolutions of AB Sanitas Extraordinary General Shareholders Meeting 


Kaunas, Lithuania, 2012-01-27 17:43 CET (GLOBE NEWSWIRE) -- The Management
Board of AB Sanitas, company‘s identification code 1341 36296, official seat
Veiveriu str. 134 B, LT-46352 Kaunas (hereinafter - the Company), proposed
draft resolutions of the Extraordinary General Shareholders Meeting to be held
on 20 February, 2012: 

1. On election of audit company and determination of the conditions for audit
remuneration. 
Draft resolution proposed to the General Shareholders Meeting:
According to the paragraph 1.5 of Article 20 of the Law on Companies of the
Republic of Lithuania and paragraph 4 of Article 52 of the Law on Audit of the
Republic of Lithuania, considering the proposal of the Management Board of the
Company, which is based on recommendation of the Audit Committee regarding the
selection of audit company dated on 23 January, 2012: 
1.1. To elect UAB PricewaterhouseCoopers to perform the audit of the financial
statements of the Company and consolidated financial statements for the year
2011 and make the assessment of the consolidated annual report of the Company
for the year 2011. 
1.2. To pay no more than LTL 101,080 (USD 38,000), VAT is not included, for the
audit of the financial statements of the Company and consolidated financial
statements and assessment of the consolidated annual report of the Company and
no more than LTL 30,000 (USD 11,278), VAT is not included, of out of pocket
expenses (accommodation, travelling and other alike). 

2. On becoming familiar with Audit Committee activity report.
Draft resolution proposed to the General Shareholders Meeting:
2.1. Draft resolution is not proposed on this issue of agenda. (Enclosed: Audit
Committee activity report) 

 Enclosed. Voting bulletin.

A person authorised to provide additional information:
General Manager Saulius Mecislovas Zemaitis, phone number:  + 370 (37) 20 06 62.


         Lawyer
         Dovile Morkyte
         +370 615 15163