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Apranga Group Earnings Release 2012

Oct 10, 2012

2248_rns_2012-10-10_4c4dd71b-d690-43d2-958a-84d9e379a33e.html

Earnings Release

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Revised turnover and expansion plans of Apranga Group in 2012

Revised turnover and expansion plans of Apranga Group in 2012

Vilnius, Lithuania, 2012-10-10 15:00 CEST (GLOBE NEWSWIRE) -- Given the better
than expected sales results in the first nine months of 2012, also taking into
consideration the realization of planned and additional stores opening and
reconstruction projects, Apranga Group increases the year 2012 forecast of
retail chain turnover by LTL 58.2 million (EUR 16.9 million) from LTL 461.8
million (EUR 133.7 million) to LTL 520.0 million (EUR 150.6 million).

Apranga Group plans that investments into development and renovation of the
chain will amount to LTL 18-20 million in 2012. The Group will open 17 new
stores during 2012, and 9 stores will be totally reconstructed.

Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock
Exchange. Majority shareholder of Apranga Group is concern MG Baltic.

     Rimantas Perveneckas
     Apranga Group Director General
     +370 5 2390801