Apranga Group — Major Shareholding Notification 2012

Feb 10, 2012

ANNEX to the Rule on the Submission of the Notification on the Acquisition or the Disposal of a Block of Shares

NOTIFICATION OF A GROUP ON THE DISPOSAL OF A BLOCK OF SHARES*

1. Apranga APB, Code: 121933274 Address: Kirtimų str. 51, LT-02244 Vilnius, Lithuania

2. East Capital AB on behalf of East Capital Baltic Fund, Registration nr: 556546-8435. Address: Box 1364, 111 93 Stockholm, Sweden.

3. The reasons for crossing the threshold (specify the relevant reason)
   ☑ Disposal of shares
   (Acquisition or a disposal of voting rights (underline the necessary and indicate the specific reason)
   ☐

Securities that subject to a formal agreement upon a request of the owner thereof grant the right to acquire in the future the shares already issued by the issuer (underline the necessary and indicate the specific reason).
☐

(The triggering event (indicate the specific event)

1. The date of which the threshold was crossed (specify): 2012-02-03

2. Threshold that was crossed or reached (specify): Crossing of the 15% threshold – from 5.32% to 4.96% of the total votes.

3. Votes held by the person: 4.96%

Type, class of shares, ISIN code	Number of shares and votes held previous to the acquisition or disposal of the block of shares**		The number of shares and voting rights held at the date of crossing the threshold
	Number of shares (units)	Number of votes (%)	Number of shares (units)	Number of voting rights (units)		Number of voting rights (%)
			Directly	Directly	Indirectly	Directly	Indirectly
1	2	3	4	5	6	7	8
Apranga APB
LT0000102337	2,938,832	5.32	2,743,832	2,743,832	-	4.96	-
		Total:	2,743,832	2,743,832		4.96

1. Data on the securities that subject to a formal agreement upon a request of the owner thereof grants the right to acquire in the future the shares already issued by the issuer.

2. Delete the unnecessary
   ** Total votes and shares held (i.e. held directly and indirectly).

---

Type and class of securities	Date of expiry of the securities	Number of shares and votes to be acquired through the exercise of the rights attached to the securities	The data of conversion and (or) the exercise of the rights granted by the securities	The number of voting rights held after the exercise of the votes granted by the securities
				Number of voting rights (units)	Number of voting rights (%)
1	2	3	4	5	6
			Total:

1. Total number of voting rights held by the notifying person (item 6+item 7);

TOTAL	Number of voting rights (units)	Number of voting rights (%)
	2,743,832	4.96%

9.

(The chain of controlled entities through which the voting rights and (or) securities that subject to a formal agreement and upon an initiative of the owner thereof grants the right to acquire the shares issued by the issuer are held (if applicable))

1. Disclosure is made based on the East Capital Group’s total holding. 2,743,832 shares are held by East Capital Baltic Fund, (Additional information)

2. The right granted to the proxy ___ to vote at his own discretion in respect (name and last name of the proxy)

of __ (voting rights, units, %) expires on __ (date)

1. By signing the present information notification I hereby confirm that the information presented therein is complete and accurate, and that I have familiarised myself with the sanctions imposed for the provision of misleading information provided for in the Law on Securities and the Code of Administrative Violations of Law of the Republic of Lithuania.

Nina Jonsson, Middle Office, East Capital AB on behalf of East Capital Baltic Fund, February 8, 2012:

---

(The signature of the person notifying of the acquisition or disposal of a block of shares (name, last name and the signature of the Manager of the Company), the date of filling in the notification

*** Where for the purpose of performance of the obligation of the group of persons to notify the acquisition or the disposal of a block of shares the person appointed by the group of persons shall sign the notification and indicate that the notification is being signed on behalf of the entire group of persons.