Sanix Issues Notice Regarding Conversion of First Series of Unsecured Convertible Bonds with Stock Acquisition Rights.

Tokyo, Japan, June 30, 2006 - (JCN Newswire) - Sanix Incorporated (TSE: 4651) has announces the following update on stock conversion, as of June 29, 2006, of First Series of Unsecured Convertible Bonds with Stock Acquisition Rights (Limited Inter-Bond Pari Passu Clause) that the Company issued (total issue value of 3 billion yen) on January 30, 2006.

1. Name: First Series of Unsecured Convertible Bonds with Stock Acquisition Rights (Limited Inter-Bond Pari Passu Clause)

2. Exercise date: From June 1, 2006 to June 29, 2006

3. Conversion shares: 727,448 shares

(from treasury stock: - shares)

(from new stock issues: 727,448 shares)

4. Conversion price: 412.40 yen

5. Exercised amount: 300 million yen

(Total exercised amount: 450 million yen, Conversion rate: 15.0%)

6. Unexercised amount: 2,550 million yen

About Sanix Incorporated

Sanix (TSE: 4651) is Japan's leading provider of sanitation and environmental services. The company's business is divided into three areas; Home Sanitation, and Establishment Sanitation, which provides pest control and sanitation maintenance and protection services for offices and public facilities. The Environmental Resources Development Division provides industrial waste management solutions and recycling services. This division positions Sanix as a leading provider of environmental services to society, which is becoming increasingly concerned about the health of the environment. Sanix's long experience in industrial waste management means the company is poised to take the lead in this new field.

Source: Sanix Incorporated

Contact:

Kozo Inoue, Managing Director
SANIX INCORPORATED
URL: http://www.sanix.co.jp/index_e.htm

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