On proposals of resolutions of general meeting of APB Apranga

The board meeting of the company held on April 17, 2008 approved audited
consolidated annual report and audited financial statements for the 2007 to be
proposed for approval the general shareholders meeting. 

Consolidated audited profit before taxes of Apranga Group has made LTL 30,042
thousand (EUR 8,701), or 42.9% more than in 2006. Consolidated audited net
profit was LTL 24.923 thousand (EUR 7.218 thousand), or 42.7% more in
comparison to 2006. 

The board of the company has proposed to the general meeting of shareholders to
pay dividends of LTL 5,646,714 (EUR 1,635,355), or LTL 0.16 (EUR 0.0463) per
share. Also the board proposes to transfer LTL 866.413 (EUR 250.931) to the
legal reserve. 

The board proposes to approve UAB PricewaterhouseCoopers as company's auditor
for 2008. 

Rimantas Perveneckas
General Manager
+370 5 2390801