APRANGA APB	STOCK EXCHANGE RELEASE	20.10.2005



Decisions of the Management Board of Apranga APB made on 20 October 2005



The Management Board of Apranga APB made the following decisions

on 20 October 2005:

1. To call Extraordinary General Meeting on 2 December 2005.

2. Proposed agenda of the Extraordinary General Meeting:

	1. To increase the authorized capital from the company's funds.

	2. To approve amendments to the Articles of Association due to increase

of the authorized capital.

3. It is proposed to the General Meeting to increase the authorized capital

from the company's funds from LTL 8 822 990 (EUR 2 555 315) to LTL 35 291 960

(EUR 10 221 258) by issuing additional 26 468 970 shares with the nominal value

of LTL 1 (EUR 0.28962) per share and passing them to the shareholders for free

in the proportions of the nominal value of the shares owned on the date of

the General Meeting which adopts the resolution to increase the authorized

capital.

4. General Manager Rimantas Perveneckas presented Apranga APB Group forecasts

for the year 2006: forecasted turnover – LTL 260 million (EUR 75.3 million),

increase of the turnover – 30%, intends to launch 15 new shops, make

investments of over LTL 20 million (EUR 5.8 million).



Rimantas Perveneckas

General Manager

(8-5) 2390 801