On APB Apranga subsidiary establishment in Estonia


The leader of retail apparel market in the Baltics Apranga Group in November
2007 will open the first Bershka store in Tallinn, the capital of Estonia. For
this purpose APB Apranga established subsidiary OU Apranga BEE, which will
operate Bershka stores in Estonia. The established company has minimal share
capital of EEK 40 thousand (EUR 2.6 thousand). Apranga APB controls 100% of the
company's capital and voting rights. 

Apranga Group is owned by the Concern MG Baltic.

Rimantas Perveneckas
Apranga Group General Manager
+370 5 2390801
GlobeNewswire

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