Apranga APB - Notification on material event

On turnover of Apranga Group in January 2008

The retail turnover (including VAT) of the leader of retail apparel market in
Lithuania and the Baltic States Apranga Group has made LTL 47.5 million (EUR
13.8 million) in January 2008, or 41.5% more than in January 2007. 

The retail turnover of Apranga Group has increased by 40.8% in Lithuania, 52%
in Latvia, and 21.5% in Estonia. 

In January 2008 Apranga Group has already opened one new store - s.Oliver in
Riga. 

Currently Apranga Group operates a chain of 84 stores (55 in Lithuania, 24 in
Latvia, and 5 in Estonia). 

The retail turnover (including VAT) of Apranga Group has made LTL 437.4 million
(EUR 126.7 million) in 2007, or 46.1% more than in 2006. 

In 2008 Apranga Group plans to reach the retail turnover (including VAT) of LTL
580 million (EUR 168 million), or 32.6% more than in 2007. 

Apranga Group is a member of the concern MG Baltic.

Rimantas Perveneckas
Apranga Group General Manager
+370 5 2390801