OREANDA-NEWS. April 07, 2010. By the initiative and the decision of the Company's Board the annual general meeting (hereinafter referred to as the Meeting) of APB Apranga (company code 121933274, registered at Kirtimu str. 51, Vilnius) shareholders will be held on 30th April 2010 at 11:00 am. Registration starts at 10:00 am. on 30th April 2010. Meeting place - the Company's headquarters at Kirtimu str. 51, Vilnius.

The accounting date for the shareholders is 23rd April 2010.
Meeting agenda:
1. Consolidated annual report on the activities of the Company in 2009.
2. Auditor's report on the Company's financial statements and annual report.
3. Approval of the consolidated and Company's financial statements for the year
2009.
4. Company's profit (loss) allocation for the year 2009.
5. Election of auditors and establishment of the terms of remuneration for audit services.
6. Election of the Board members.
7. Election of independent member of the audit committee, approval of members of the audit committee, approval of remuneration of the independent member of the audit committee.

The Company is not providing the possibility to attend and vote at the Meeting through electronic means of communication.

Draft decisions on each Meeting agenda item, the documents to be submitted to the Meeting and information, which is related to the implementation of the shareholder rights, not later than 21 days prior to the Meeting will be available at the Company's website http://www.apranga.lt under “Investors”. This information also will be available for the shareholders at the Company's headquarter at Kirtimu str. 51, Vilnius on working days from 9:00 am. to 16:00 pm.

Each shareholder holding shares that grant at least 1/20 of all votes shall have the right of proposing to supplement the agenda of the Meeting. Draft decisions on the proposed issues shall be submitted together with the proposal or, if the decisions are not needed to be approved, explanations on each proposed issue of the Meeting shall be presented. Proposal to supplement the agenda must be presented in writing sending it by a registered mail to the Company, address: Kirtimu str. 51, LT-02244 Vilnius. The agenda shall be supplemented if the proposal will be received not later than 14 days before the Meeting.

Each shareholder holding shares that grant at least 1/20 of all votes shall have the right of proposing draft resolutions on the issues already included or to be included in the agenda of the Meeting, to nominate additional candidatesfor members of the Company's Board, the audit company. The proposed draft decisions must be presented in writing sending them by a registered mail to the Company, address: Kirtimu str. 51, LT-02244 Vilnius. The shareholders shall also be entitled to propose draft resolutions on the Meeting agenda issues, to nominate additional candidates for members of the Company's Board, the audit company in writing at any time prior to the Meeting or during the Meeting.

Shareholders have a right to submit in advance in written by registered mail to Company questions related with Meeting agenda by indicating shareholder‘s personal identification code and consent to process personal data – personal identification code. The Company must respond if the questions will be received not later than 3 working days before the Meeting. The Company shall not respond personally to shareholder‘s questions if respective information is provided in Company‘s website http://www.apranga.lt.

The persons who are shareholders of the Company at the close of the accounting day of the Meeting (April 23rd 2010) shall have the right to attend and vote at the Meeting in person or their authorised persons or persons with whom an agreement on the disposal of the voting right in concluded. The person attending the Meeting and having the right to vote must submit the document confirming person's identity. The person who is not a shareholder besides this document must submit document confirming the right to vote in the Meeting. Each shareholder has a right pursuant to the procedure established by laws to authorize other person to attend and vote on his/her behalf at the Meeting. Authorized person must present a proxy issued pursuant to the procedure established by laws. The proxy issued abroad must be translated to Lithuanian and legalized pursuant to the procedure established by laws. The Company does not establish special form of proxy.

The shareholder or its authorized person has a right to vote in advance in written by filling general ballot paper. Upon the shareholder‘s written request the Company at least 10 days before the Meeting shall free of charge send the general ballot paper by registered mail or deliver it personally against acknowledgement of receipt. The filled-in general ballot paper and the document confirming the right to vote must be submitted to Company by sending it by registered mail to the address Kirtimш g. 51, LT-02244 Vilnius or by delivering it to the Company personally not later than on last working day before Meeting.