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<p align="center"><br> |
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<font face="Arial" color="#000080" size="2"><b>Year 2000 Preparations</b></font></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan; |
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tab-stops:21.3pt"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">We |
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at PLIVA d.d. are fully aware of the need for Y2k compliance to avoid any |
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business disruption associated with computer software, hardware and |
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embedded systems that are incapable of managing dates beyond the year |
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1999. This project includes the assessment of vendors and business |
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partners, in addition to our internal processes. Our main goal is to |
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ensure that we are Y2k compliant in all respects early enough to avoid any |
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interruption of production or other services. <o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText2" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size:10.0pt;mso-ansi-language:EN-GB"><font face="Arial" color="#000080" size="2">Major |
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initiatives are underway to ascertain the compliance status of all |
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business-critical vendors, suppliers and service providers, and |
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comprehensive contingency plans are being developed. As part of our |
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contingency planning, we are developing Business Continuity Plans for |
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those areas that are critical to our business. These Business Continuity |
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Plans are designed to mitigate disruptions to our business flow with the |
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arrival of the Year 2000 and are independent of our external providers'<span style="color:red"> |
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</span>Year 2000 compliance.<o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText2" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size:10.0pt;mso-ansi-language:EN-GB"><font face="Arial" color="#000080" size="2">For |
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a detailed description of our Year 2000 Preparedness, please find below |
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our <b style="mso-bidi-font-weight: |
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normal"><i style="mso-bidi-font-style:normal"><a href="#statement">YEAR 2000 |
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COMPLIANCE STATEMENT</a></i></b>. It provides answers to most commonly |
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asked questions regarding our Year 2000 efforts, goals and strategy.<o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">Should |
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you require any additional information related to this issue, please |
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contact <b style="mso-bidi-font-weight: |
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normal"><i style="mso-bidi-font-style:normal">Jerko Zic</i></b>, Y2K manager:<span style="mso-spacerun: yes"> |
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</span>PLIVA, Prilaz baruna Filipovica 25, 10000 Zagreb Croatia; Phone: <b style="mso-bidi-font-weight: |
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normal">+385 1 378 1 329</b>, Fax:<span style="mso-spacerun: yes"> </span><b style="mso-bidi-font-weight:normal">+385 |
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1 378 1 862</b>, E-mail: <b style="mso-bidi-font-weight:normal"><i style="mso-bidi-font-style: |
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normal"><span class="MsoHyperlink" style="color: blue"><a href="mailto:Jerko.Zic@pliva.hr">Jerko.Zic@pliva.hr<o:p> |
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</a></o:p> |
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</span></i></b></font></span></p> |
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<p class="MsoBodyText" align="center" style="margin-right:2.15pt;text-align:center; |
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mso-pagination:widow-orphan"><b style="mso-bidi-font-weight:normal"><font color="#000080" face="Arial" size="2"><a name="statement"><span style="font-size: 10.0pt">YEAR |
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2000 COMPLIANCE STATEMENT<o:p> |
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</span></a><span style="font-size: 10.0pt"></o:p> |
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</span></font></b></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><b style="mso-bidi-font-weight:normal"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">PLIVA's |
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Definition of Year 2000 Compliance<o:p> |
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</o:p> |
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</font></span></b></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">PLIVA's |
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Definition of Year 2000 Compliance is consistent with that developed by |
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the British Standards Institution. Year 2000 conformity shall mean that |
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neither performance nor functionality is affected by dates prior to, |
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during and after the year 2000. In particular:<o:p> |
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</o:p> |
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</font></span></p> |
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<blockquote> |
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<p class="MsoBodyText" style="margin-top:0cm;margin-right:2.15pt;margin-bottom: |
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0cm;margin-left:18.0pt;margin-bottom:.0001pt;text-indent:-18.0pt;mso-pagination: |
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widow-orphan;mso-list:l0 level1 lfo1;tab-stops:18.0pt"><font face="Arial" color="#000080" size="2"><span style="font-size: 10.0pt">·<span style="font:7.0pt "Times New Roman""> |
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</span></span><b style="mso-bidi-font-weight:normal"><span style="font-size:10.0pt;font-family:Arial">Rule |
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1</span></b><span style="font-size:10.0pt;font-family:Arial"> No value |
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for current date will cause any interruption in operation.<o:p> |
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</o:p> |
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</span></font></p> |
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<p class="MsoBodyText" style="margin-top:0cm;margin-right:2.15pt;margin-bottom: |
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0cm;margin-left:18.0pt;margin-bottom:.0001pt;text-indent:-18.0pt;mso-pagination: |
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widow-orphan;mso-list:l0 level1 lfo1;tab-stops:18.0pt"><font face="Arial" color="#000080" size="2"><span style="font-size: 10.0pt">·<span style="font:7.0pt "Times New Roman""> |
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</span></span><b style="mso-bidi-font-weight:normal"><span style="font-size:10.0pt;font-family:Arial">Rule |
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2</span></b><span style="font-size:10.0pt;font-family:Arial"> Date-based |
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functionality must behave consistently for dates prior to, during and |
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after year 2000.<o:p> |
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</o:p> |
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</span></font></p> |
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<p class="MsoBodyText" style="margin-top:0cm;margin-right:2.15pt;margin-bottom: |
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0cm;margin-left:18.0pt;margin-bottom:.0001pt;text-indent:-18.0pt;mso-pagination: |
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widow-orphan;mso-list:l0 level1 lfo1;tab-stops:18.0pt"><font face="Arial" color="#000080" size="2"><span style="font-size: 10.0pt">·<span style="font:7.0pt "Times New Roman""> |
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</span></span><b style="mso-bidi-font-weight:normal"><span style="font-size:10.0pt;font-family:Arial">Rule |
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3</span></b><span style="font-size:10.0pt;font-family:Arial"> In all |
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interfaces and data storage, the century in any date must be specified |
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either explicitly or by unambiguous algorithms or inferencing rules.<o:p> |
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</o:p> |
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</span></font></p> |
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<p class="MsoBodyText" style="margin-top:0cm;margin-right:2.15pt;margin-bottom: |
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0cm;margin-left:18.0pt;margin-bottom:.0001pt;text-indent:-18.0pt;mso-pagination: |
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widow-orphan;mso-list:l0 level1 lfo1;tab-stops:18.0pt"><font face="Arial" color="#000080" size="2"><span style="font-size: 10.0pt">·<span style="font:7.0pt "Times New Roman""> |
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</span></span><b style="mso-bidi-font-weight:normal"><span style="font-size:10.0pt;font-family:Arial">Rule |
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4</span></b><span style="font-size:10.0pt;font-family:Arial"> Year 2000 |
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must be recognised as a leap year.<o:p> |
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</o:p> |
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</span></font></p> |
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</blockquote> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><font face="Arial" color="#000080" size="2"><b style="mso-bidi-font-weight:normal"><span style="font-size: 10.0pt">The |
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Year 2000 Problem </span></b><span style="font-size:10.0pt; |
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font-family:Arial"><o:p> |
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</o:p> |
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</span></font></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">PLIVA |
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recognises the Year 2000 Problem as a critical challenge facing businesses |
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world-wide. As explained in more detail below, we at PLIVA are working to |
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uncover and repair any Year 2000 problem we may have, so that our |
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customers, clients and business partners can continue to rely on the |
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availability and safety of our products. We are strenuously attempting to |
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identify and isolate the critical processes that keep PLIVA going and are |
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making vigorous efforts to assure that those processes will continue |
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uninterrupted past January 1, 2000.<o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><b style="mso-bidi-font-weight:normal"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">PLIVA |
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is addressing the Problem<o:p> |
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</o:p> |
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</font></span></b></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">PLIVA |
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began evaluating our own Year 2000 situation in early 1998. Under the |
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sponsorship of a Senior Management Board, a cross-divisional Project Team |
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was created to formulate a unified approach to our overall Year 2000 |
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Project. Additionally, an aggressive awareness campaign has promoted |
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recognition of the need for a proactive approach to the Year 2000 Problem |
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at all levels. We are endeavouring to involve every business group, |
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division, department and employee within PLIVA.<o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">The |
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risk of Year 2000 Problems is not limited to our internal systems. Rather, |
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the greatest vulnerability lies in the possible failures of external |
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business partners and infrastructure service providers over which we have |
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limited influence. However, major initiatives are underway to ascertain |
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the compliance status of all business-critical vendors, suppliers, and |
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service providers and comprehensive contingency plans have been developed. |
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<o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">The |
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Year 2000 Project team has developed and produced a Year 2000 Program, |
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which details the internal process to be followed in addressing PLIVA Year |
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2000 issues. It is a comprehensive document that addresses both |
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information technology and other concerns and provides the framework by |
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which status is measured and reported. PLIVA is, therefore, concerned with |
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every aspect of exposure to risk created by Year 2000 compliance issues. <o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2"><b><i>PLIVAs |
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Year 2000 Project has five primary phases:<o:p> |
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</o:p> |
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</i></b></font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt; color: navy"><font face="Arial" color="#000080" size="2"><b>Phase |
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I-Awareness<o:p> |
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</o:p> |
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</b></font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">Phase |
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I defines the Year 2000 problem and gains executive level support and |
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sponsorship. Year 2000 Project team was set up in PLIVA to develop an |
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overall strategy and to co-ordinate activity. This team initiated basic |
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research and began the process of investigating how the Year 2000 Problem |
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could affect the systems and procedures in corresponding areas. The |
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investigations have started and the standards for documentation, |
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compliance assessment, and testing have been developed. The standards for |
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all-new development, acquisitions, and services have been created. <o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt; color: navy"><font face="Arial" color="#000080" size="2"><b>Phase |
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II-Inventory</b></font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">Phase |
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II encompasses preliminary problem determination, extending communication |
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and awareness of the Year 2000 Project throughout PLIVA, and compiling an |
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inventory. This inventory includes IT assets (i.e. hardware, applications, |
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operating systems, database software, embedded software, interfaces, |
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etc.), non-IT assets (systems, which are primarily laboratory and process |
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automation devices) and key business service and material vendors and |
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business processes. <o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt; color: navy"><font face="Arial" color="#000080" size="2"><b>Phase |
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III-Assessment and Planning</b></font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><font face="Arial" color="#000080" size="2"><span style="font-size: 10.0pt">During |
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this phase each inventoried item is assessed to evaluate the risk relative |
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to the Year 2000 Problem. The assessment process defines the disposition |
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of each system, identifies priorities, and results in the development of |
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plans for the final two phases. Prioritisation is based on criticality to |
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the business, risk of failure, time horizon to failure, and dependence on |
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other critical inventory items. Once the inventory is prioritised, a |
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disposition is determined for each critical item</span><span lang="EN-US" style="font-size:10.0pt;font-family:Arial;mso-ansi-language:EN-US">;</span><span style="font-size:10.0pt;font-family:Arial"> |
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"Critical systems" are those most important to the company's |
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global operations, followed by "essential" systems."<span style="mso-spacerun: yes"> |
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</span>For each critical non-compliant item, a project plan is developed |
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that details resource requirements, vendor and product sources, timelines, |
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and identified testing procedures. These plans also address business |
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processes and identify key technologies that support them. Resources and |
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budgets for these projects have been allocated and accepted. <o:p> |
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</o:p> |
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</span></font></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt; color: navy"><font face="Arial" color="#000080" size="2"><b>Phase |
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IV-Renovation</b><o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">Phase |
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III entails the execution of Phase II decisions, i.e. retain as is, |
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repair, replace, retire or upgrade. Remediation of the non-compliant |
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systems continues throughout this phase of the project. Testing and |
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documentation standards are provided to ensure consistency of results in |
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this implementation phase. <o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt; color: navy"><font face="Arial" color="#000080" size="2"><b>Phase |
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V-Certification<o:p> |
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</o:p> |
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</b></font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">The |
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most critical aspect of the Year 2000 Project involves testing and |
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certifying the results of all remediation efforts. Rigorous testing and |
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intensive efforts will be undertaken so that the systems are remediated |
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and will continue by end of 1999. This testing will attempt to verify that |
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all systems function correctly in both 20<sup>th</sup> and 21<sup>st</sup> |
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century environments. Testing extends to all interfaces with key business |
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partners. <o:p> |
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</o:p> |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt; color: navy"><font face="Arial" color="#000080" size="2"><b>Where |
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Are We Now?<o:p> |
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</o:p> |
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</b></font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">The |
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Year 2000 Project is making steady and rapid progress on all fronts.<span style="mso-spacerun: yes"> |
| 294 |
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</span>Approximately 80 % of Information systems have been converted to |
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SAP R/3, a global enterprise resource planning software system. The SAP |
| 296 |
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system is Year 2000 capable and has eliminated the need to update many of |
| 297 |
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existing information systems. All IT-Systems developed in-house are being |
| 298 |
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carefully scrutinised to ensure compliance with Y2K requirements. Any |
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systems not meeting our exacting standards will be adapted or replaced |
| 300 |
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well before the end of the year if necessary. PLIVA has completed all |
| 301 |
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major remediation and testing of important components.</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">While |
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we are continuing to monitor and evaluate the progress of business |
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partners and infrastructure service providers on whom we rely, we cannot |
| 305 |
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guarantee the results of their efforts. Also PLIVA is developing |
| 306 |
|
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contingency plans for its critical vendors, customers and suppliers. These |
| 307 |
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plans provide for an increase in inventory to meet customer needs, |
| 308 |
|
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protecting the integrity of ongoing activities, identifying and securing |
| 309 |
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alternate sources of critical services, materials, and utilities when |
| 310 |
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possible and establishing crisis teams to address unexpected problems. |
| 311 |
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They will be tested, evaluated, and modified during the rest of the year, |
| 312 |
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as additional information becomes available. <o:p> |
| 313 |
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</o:p> |
| 314 |
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</font></span></p> |
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<p class="MsoBodyText" style="margin-right:2.15pt;mso-pagination:widow-orphan"><span style="font-size: 10.0pt"><font face="Arial" color="#000080" size="2">We |
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are convinced that the measures and projects we have undertaken will |
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ensure the continuity of our business, our business processes and |
| 318 |
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functional systems and plants throughout the transition period.</font></span><span style="font-size:10.0pt;font-family:Arial"><o:p> |
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</o:p> |
| 320 |
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</span></p> |
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<font face="Arial" size="2" color="#000080"> |
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<p ALIGN="JUSTIFY"><font FACE="Arial"><a href="news_clip.htm">Back to the |
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news page</a></font></p> |
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