On 27 April, Apranga Group, the leader of clothing retail in Lithuania and the Baltic States, opens a store City Women in Laisves avenue, Kaunas. The store will present such trade marks as Marella (Italy), Gerard Darel (France), Apriori (Germany), Mariella Rosati (Italy), Betty Barclay (Germany), Bandolera (Holland). Taking into account the world fashion trends, Apranga Group will complement the City chain with the collections of trendy bags and other accessories. The City chain is oriented to a citizen with higher income. The growth rates of the economies of the Baltic States are increasing rapidly, and the number of such consumers is therefore constantly increasing in all larger cities. In 2006, the turnover of the City chain grew by almost 36%. The growing tendency remains this year as well. During QI 2007, the turnover of the City chain increased by 38.2%, as compared with the same period of the previous year. Thus, Apranga Group expands this chain and constantly develops its concept, as well as complements it with new trade marks. The plans for autumn 2007 include a brand new type of a store with the area of 3000 thousand square metres in Vilnius, oriented to a better-off consumer. Beginning of April Apranga Group in shopping centre Akropolis, Kaunas, opened 9 stores: Zara, Mango, Apranga, City Men&Women, Bershka, Pull and Bear, S.Oliver, Mexx, Aprangos Galerija. The rearrangements of Apranga Group stores on Laisves avenue are also due to the opening of Akropolis. Beginning of April, the store Mados Linija, which introduced the worldwide famous luxurious brand names like D&G, GF Ferre, Armani Jeans, Just Cavalli, Versace Jeans, 7 For All Man Kind, Dirk Bikkenbergs was launched on Laisves avenue. Last autumn a store for men and women Hugo Boss was launched on Laisves avenue. After all above mentioned rearrangements on this part of Laisves avenue an attractive zone of luxury stores is settled. Apranga Group operates a chain of 76 stores in the Baltic States: 55 in Lithuania, 18 in Latvia, 3 in Estonia. Apranga Group has already launched 16 new stores this year. 5 stores were closed in order to increase the efficiency of the chain. The trading area operated by Apranga Group has increased by 6 thousand sq. m. in 1Q 2007 and has reached 46 thousand sq.m. The coming projects are the franchising store for the youth Bershka located in the Gedimino street, Vilnius, also Apranga outlet in Kaunas. In 1Q 2007, Apranga Group's turnover amounted to LTL 91.8 million (EUR 26.6 million) and was 58.6 % larger as compared to the same period in 2006 (LTL 57.9 million or EUR 16.8 million). Preliminary unaudited profit before taxes of Apranga Group was LTL 5.70 million (EUR 1.65 million) in 1st quarter 2007, that is 4 times more than in 1st quarter 2006 (LTL 1.43 million (EUR 413 thousand)). The company is owned by the MG Baltic concern. Rimantas Perveneckas General Manager +370 5 2390801 Irma Marcinkiene Marketing director +370 5 2390802