Apranga - Notification on material event

The turnover and expansion plans of Apranga Group in 2016

Vilnius, Lithuania, 2015-12-10 09:00 CET (GLOBE NEWSWIRE) -- Apranga Group
plans to reach EUR 214 million turnover (including VAT) in 2016, or by 7.5%
more, than expected the year 2015 turnover. 

Apranga Group plans to open or reconstruct 11-17 stores during 2016.
Investments are planned to amount to about EUR 3-4 million. 

According to the revised plans for the year 2015, Apranga Group plans to reach
EUR 199 million turnover (including VAT) this year, totally 16 new stores
should be opened and 9 stores reconstructed. Investments in 2015 are planned to
be EUR 6.0-6.5 million. 

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