Apranga APB - Notification on material event

On preliminary results of 1st quarter 2010

The unaudited consolidated losses of the leader of retail apparel market in
Lithuania and the Baltic States Apranga Group has made LTL 0.6 million (EUR
0.17 million) in first quarter 2010, that is 16,7 times less than losses in 1st
quarter 2009 - LTL 10.0 million (EUR 2.9 million). 

The retail turnover (including VAT) of Apranga Group has made LTL 79.7 million
(EUR 23.1 million) during the 1st quarter 2010 or 15.1% less than in 2009. In
first quarter 2010 the gross profit decreased by 3.0% and operating costs
decreased by 27.5% in comparison to first quarter 2009. Inventory decreased by
36% during the comparative period. 

Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock
Exchange. Majority shareholder of Apranga Group is concern MG Baltic. 

Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801