Apranga APB

Company event



Performance results for the period from January to October 2004



A pretax profit of the Apranga group, the leader of the Lithuanian retail

sellers of wearing apparel, for the period of ten months of 2004  amounted to

LTL 6 556.5 thousand, exceeding by 12.8% the value of the corresponding period

of the year before(LTL 5 811.2 thousand). During October alone, the Apranga

group earned as much as LTL 2 853 thousand.



This year the Apranga group has already opened 11 new stores in Lithuania,

Latvia and Estonia with the total floor area of almost 10 000 square meters. On

November 12, Apranga opened the largest in its network (total area 2 300 square

meters) franchise ZARA store in Vilnius, Gedimino avenue, thus ending the first

stage in the expansion of the ZARA network in the Baltic States.



The results of trading activity and network expansion during the period of

January - October 2004 and the operation of the new objects, which outstripped

the expectations, set real possibilities to exceed the planned

sales turnover and profit tasks for 2004.





Rimantas Perveneckas

Managing Director

(+370 5) 239 08 01