Apranga APB - Notification on material event

Resolutions of the Annual General Meeting of Apranga APB shareholders

Vilnius, Lithuania, 2013-04-30 12:00 CEST (GLOBE NEWSWIRE) -- The general
shareholders meeting held on 30 April 2013 has resolved the following: 

1. Consolidated annual report on the activities of the Company in 2012.

Resolution:

Taken for the information consolidated annual report of the Company for the
year 2012, prepared by the Company, assessed by the auditors and approved by
the Board. 

2. Auditor's report on the Company's financial statements and annual report.

Resolution:

Taken for the information.

3. Approval of the consolidated and Company's financial statements for the year
2012. 

Resolution:

Approve the annual consolidated and Company‘s financial statements for the year
2012 (attached). 

4. Company's profit (loss) allocation for the year 2012.

Resolution:

Approve the Company's profit (loss) allocation for the year 2012:

1) The unappropriated profit of the preceding financial year at the close of
the reporting financial year: LTL 21 684 422 (EUR 6 280 243); 

2) The net profit of the reporting financial year: LTL 29 532 527 (EUR 8 553
211); 

3) The profit (loss) of the reporting financial year not recognized in the
profit (loss) account - none; 

4) Transfers from the reserves - none;

5) The shareholders' contributions to cover the losses of the company - none;

6) The total profit available for appropriation: LTL 51 216 949 (EUR 14 833
454); 

7) The share of profit allocated to the mandatory reserve: LTL 917 000 (EUR 265
582); 

8) The share of profit allocated to the reserve for acquiring own shares - none;

9) The share of profit allocated to other reserves - none;

10) The share of profit for the payment of dividends: LTL 30 410 278 (EUR 8 807
512); 

11) The share of profit for the payment of annual bonuses: LTL 720 000 (EUR 208
526); 

12) Unappropriated profit at the close of the reporting financial year and
brought forward to the next financial year: LTL 19 169 371 (EUR 5 551 834). 

5. Election of firm of auditors and establishment of the terms of remuneration
for audit services. 

Resolution:

Elect UAB “PricewaterhouseCoopers” as APB APRANGA firm of auditors for the year
2013. Set the amount of the fee payable for audit services for the year 2013 -
not more than LTL 91 000 (EUR 26 355) plus VAT. Authorize the Company's CEO to
sign the audit services agreement with firm of auditors. 


         Rimantas Perveneckas
         Apranga Group Director General
         +370 5 2390801

Attachments:

APG IFRS 2012 EN.pdf