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Sanix Announces Revised Conversion Price of First Series of Unsecured Convertible Bonds with Stock Acquisition Rights.

Tokyo, Japan, June 2, 2006 - (JCN Newswire) - Sanix Incorporated (TSE: 4651) has announced a revision of the conversion price of First Series of Unsecured Convertible Bonds with Stock Acquisition Rights (Limited Inter-Bond Pari Passu 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: 465.00 yen

Revised conversion price: 412.40 yen

2. Effective Date

As of June 7, 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: 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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Publication:JCN Newswires
Geographic Code:9JAPA
Date:Jun 2, 2006
Words:233
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