Apranga APB

Company event



Sales turnover in the period from January to October 2004



The sales turnover of the Apranga network, a retail seller of wearing apparel in

the Baltic States, totaled LTL17.6 million in October and exceeded by 45.8% the

value of October 2003.



In October, the company reached the record-high value of the total monthly

turnover, marking the peak values of the monthly turnover both in Lithuania and

in foreign markets.



During the ten months of 2004, the turnover of the Apranga network amounted to

LTL106.4 million generating an increase of 39.5% or LTL30.1 m as compared to the

corresponding period of 2003.



During January through September 2004, the group of Apranga companies earned a

pre-tax profit in the amount of LTL3.7 m or by 6.1% more than during the

corresponding period of the previous year.



Currently the Apranga JTC runs 38 stores, including 28 in Lithuania, 9 in Latvia

and 1 in Estonia.



On November 12, 2004, Apranga is going to open a franchise store of ZARA store

chain in Vilnius, thus ending the first stage in the expansion of the ZARA

network in the Baltic States. This project will be the largest one in the

history of Apranga by both the area and the size of made investments.





Rimantas Perveneckas

Managing Director

(+370 5) 239 08 01