On establishment of subsidiaries of APB Apranga in Estonia


APB Apranga established 3 subsidiaries: OU Apranga PB Trade and OU Apranga ST
Retail, which will operate Pull and Bear and Stradivarius stores in Estonia
under agreement with Inditex. Currently Apranga Group operates 4 Pull and Bear
stores (2 in Lithuania and 2 in Latvia), and 2 Stradivarius stores (both in
Lithuania). First Pull and Bear and Stradivarius stores openings in Tallinn are
expected in the beginning of 2009. 

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

Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801