Apranga - Notification on material event

Establishment of subsidiary of Apranga APB in Estonia

Vilnius, Lithuania, 2016-07-05 14:06 CEST (GLOBE NEWSWIRE) -- Apranga APB
established the 22nd of its subsidiary OÜ Apranga HEST, which will operate Zara
Home stores in Estonia under agreement with Inditex. The established company
has share capital of EUR 50 thousand. 

First Zara Home store opening in Tallinn is expected in September 2016 in
shopping center Ülemiste. 

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


         Rimantas Perveneckas
         Apranga Group Director General
         +370 5 2390801