APRANGA

MATERIAL EVENT



CONCERNING THE BOARD’S PROPOSAL TO PAY DIVIDEND



(Unofficial Translation Done at the NSEL)



The company’s Board has decided to propose shareholders at the Annual General

Meeting of Apranga APB to be held on 30 April  2004 to declare dividend in the

amount of LTL 0.20 per share.





Saulius Bacauskas

Finance and Economy Director

(+370-5) 2390843