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<p align=left>From PLIVAs President</p>

<p>Welcome to PLIVA!</p>

<p>I would like to mention just a few things about PLIVA as a company.
First of all, PLIVA is now the largest pharmaceutical company in Central
and Eastern Europe according to sales and that in itself is a major
accomplishment for a company in just over one decade since the fall of the
Berlin Wall. Secondly, our very own macrolide antibiotic, azithromycin,
both researched and developed in house here at PLIVA, is now one of the
leaders on the global market with sales continuing grow both under license
(Zythromax) and under our own brand name (Sumamed). Finally, PLIVA, as
a company, continues to grow and develop and has become a global player
in the pharmaceuticals industry with subsidiaries and sales offices not
only throughout Europe but around the globe as well.</p>

<p>As the president of PLIVA's management board, I am very proud of the
company's accomplishments, but most of all, I am proud of the people
here at PLIVA who have made all these things possible.  It was the
innovation and commitment of scientists and technicians in PLIVA's
Research Institute that brought about the discovery of azithromycin,
and today PLIVA's scientists have begun clinical trials for a number of
new drugs and are developing over 40 new generic drugs.</p>

<p>The commitment to quality demonstrated by PLIVA people from the top
management through to the production lines is responsible for the trust
our customers put in PLIVA's products.  People from PLIVA's marketing and
sales teams have focused our attention on the needs of our customers, not
only so we can satisfy our customers, but can also exceed the expectations
of these customers.  And these values and this approach can be found as
integral in all PLIVA operations throughout the world.</p>

<p>PLIVA is people dedicated to helping other people around the world
live healthier and longer lives by providing innovative, high quality
medicines and solutions.</p>

<p>Zeljko Covic</p>

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1	<table width="100%" cellspacing="0" border="0" cellpadding="0">
2	<tr valign="top">
3	<td height="348">
4	<p align=left><img src="p/pic_covi.gif" width="100" height="132" align="left" vspace="5" hspace="10" border="2">
5	</p>
6	<p align=left>From PLIVAs President</p>
7
8	<p>Welcome to PLIVA!</p>
9
10	<p>I would like to mention just a few things about PLIVA as a company.
11	First of all, PLIVA is now the largest pharmaceutical company in Central
12	and Eastern Europe according to sales and that in itself is a major
13	accomplishment for a company in just over one decade since the fall of the
14	Berlin Wall. Secondly, our very own macrolide antibiotic, azithromycin,
15	both researched and developed in house here at PLIVA, is now one of the
16	leaders on the global market with sales continuing grow both under license
17	(Zythromax) and under our own brand name (Sumamed). Finally, PLIVA, as
18	a company, continues to grow and develop and has become a global player
19	in the pharmaceuticals industry with subsidiaries and sales offices not
20	only throughout Europe but around the globe as well.</p>
21
22	<p>As the president of PLIVA's management board, I am very proud of the
23	company's accomplishments, but most of all, I am proud of the people
24	here at PLIVA who have made all these things possible. It was the
25	innovation and commitment of scientists and technicians in PLIVA's
26	Research Institute that brought about the discovery of azithromycin,
27	and today PLIVA's scientists have begun clinical trials for a number of
28	new drugs and are developing over 40 new generic drugs.</p>
29
30	<p>The commitment to quality demonstrated by PLIVA people from the top
31	management through to the production lines is responsible for the trust
32	our customers put in PLIVA's products. People from PLIVA's marketing and
33	sales teams have focused our attention on the needs of our customers, not
34	only so we can satisfy our customers, but can also exceed the expectations
35	of these customers. And these values and this approach can be found as
36	integral in all PLIVA operations throughout the world.</p>
37
38	<p>PLIVA is people dedicated to helping other people around the world
39	live healthier and longer lives by providing innovative, high quality
40	medicines and solutions.</p>
41
42	<p>Zeljko Covic</p>
43
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