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


Tokyo, Japan, Aug 4, 2006 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
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JCN joint communications network (US DoD) 
 Newswire) - Sanix Incorporated (Ticker: 4651, TSE/OSE/FSE, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. : Shin-ichi Munemasa) has notified the revision of the conversion price of First Series of Unsecured Convertible Bonds with Stock Acquisition Rights (Limited Inter-Bond Pari Passu [Latin, By an equal progress; equably; ratably; without preference.] Used especially to describe creditors who, in marshalling assets, are entitled to receive out of the same fund without any precedence over each other.


PARI PASSU. By the same gradation.
 Clause) as follows.

1. Revision of Conversion Price

First Series of Unsecured Convertible Bonds with Stock Acquisition Rights

(Limited Inter-Bond Pari Passu Clause)

Current conversion price: 408.10 yen

Revised conversion price: 366.00 yen

2. Effective Date

As from August 9, 2006

3. Reasons for Revision

The revision is made in accordance with the provisions as specified in the terms and conditions.

About Sanix Incorporated

Sanix (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: 4651) is Japan's leading provider of sanitation and environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, . The company's business is divided into three areas; Home Sanitation, and Establishment Sanitation, which provides pest control pest control ncontrol m de plagas

pest control nlutte f contre les nuisibles

pest control pest n
 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:
SANIX INCORPORATED
Kozo Inoue,
Managing Director
E-mail: k-inoue@sanix.co.jp
URL: http://www.sanix.co.jp/index_e.htm


Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
COPYRIGHT 2006 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCN Newswires
Geographic Code:9JAPA
Date:Aug 4, 2006
Words:245
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