The board meeting of the company held on April 16, 2007 approved draft consolidated annual report and audited financial statements to be proposed to the general shareholders meeting, which will be held on April 27, 2007. Consolidated audited profit before taxes of Apranga Group has made LTL 21,050 thousand (EUR 6,097), or 89.8% more than in 2005. Consolidated audited net profit was LTL 17,436 thousand (EUR 5,050 thousand), or 95.9% more in comparison to 2005. The board of the company has proposed to the general meeting of shareholders to pay dividends of LTL 3,882,116 (EUR 1,124,339), or LTL 0.11 (EUR 0.0319) per share. The general shareholders meeting will be proposed to approve LTL 20 million (EUR 5.792 thousand) nominal value bonds issue. Supposed date of issue is June 15, 2007, duration 2 years; yearly coupon will be fixed on the day of issue. Consolidated annual report and audited financial statements will be published not later than April 19, 2007. Rimantas Perveneckas General Manager +370 5 2390801