APRANGA GROUP expands in Siauliai


Vilnius, March 14. Apranga Group, the leader of retail apparel market in
Lithuania and the Baltics, opens two stores in Siauliai, shopping centre Saules
Miestas. These are 650 sq. m. area shop for the whole family Apranga and 290
sq. m. young fashion multibrand store Aprangos Galerija, presenting brand names
Miss Sixty, Energie, Blend of America, Jack&Jones, S.Oliver, Morgan, Broadway.
At the same time the previous Apranga shop located at Vilnius str. in Siauliai
is closed in order to increase operational efficiency. 

“Apranga Group is rapidly expanding both in large cities and regional centres.
We always choose the most comfortable locations for the customer. We strongly
believe shopping centre Saules Miestas will be attractive place for shopping in
Siauliai” - claims the general manager of Apranga Group Rimantas Perveneckas. 

Apranga Group now operates 68 shops with the total area of 41.3 thousand sq. m.
48 stores are located in Lithuania, 17 in Latvia and 3 in Estonia. This year
Apranga group already opened 4 stores. On the 23rd of March the first Pull and
Bear store in Latvia will be opened. Beginning of April Apranga Group will open
9 new shops with total area of 5.7 sq. m. in Kaunas. Apranga group plans to
close 2 and refurbish 2 shops in Kaunas centre, Laisves avenue, middle of
April. 

The retail chain turnover of Apranga Group in first 2 months of 2007 was LTL
56.9 million (EUR 16.5 million), and has increased by 48.7% comparing to
January - February 2006. In January - February 2007 turnover of Apranga Group
grew by 56.0% in Vilnius, 36.0% in Kaunas, 50.6% in Klaipeda, 47.1% in
Siauliai, 22.7% in Panevezys, 32,8% in Riga, and 60,9% in Tallinn. 

Company belongs to concern “MG Baltic“.

Rimantas Perveneckas
General Manager
+370 5 2390801