Apranga - Notification on material event

The turnover and expansion plans of Apranga Group in 2017

Vilnius, Lithuania, 2016-12-09 09:00 CET (GLOBE NEWSWIRE) -- Apranga Group
plans to reach EUR 230 million turnover (including VAT) in 2017, or by 7.3%
more, than expected the year 2016 turnover. 

Apranga Group plans to reconstruct or open 7-10 stores during 2017. Investments
are planned to amount to about EUR 5-6 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