Apranga APB - Notification on material event

On turnover of Apranga Group in January 2009

The turnover (including VAT) of the leader of retail apparel market in
Lithuania and the Baltic States Apranga Group has made LTL 38.6 million (EUR
11.2 million) in January 2009, or 18.7% less than in January 2008. 

In January 2009 the turnover of Apranga Group in Lithuania decreased 15.8%
year-on-year, in Latvia decreased 28.8%, and in Estonia decreased 13.1%. 

The growth rate of Apranga Group in January 2008 was 41.4%.

Currently Apranga Group operates 101 stores in the Baltic States: 71 in
Lithuania, 23 in Latvia, and 7 in Estonia. The Apranga Group will open 20 new
stores and will close 5 stores within nearest 3 months. 

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

Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801