The Management Board of PTA Grupp AS (change of name to AS Silvano Fashion Group pending, the „Company”) hereby informs that Alta Capital Partners S.C.A., SICAR sold, by way of a public offering, 6,221,338 shares in the Company, representing 16.39% in the Company's current registered share capital and of all voting rights at the Company's general meeting of shareholders (the “General Meeting”). Such sale was settled on 20 July 2007. On 20 July 2007, Alta Capital Partners S.C.A. subscribed for 2,052,802 newly-issued shares in the Company issued on the basis of a resolution of the General Meeting dated 25 June 2007, representing 5.13% of the fully-diluted share capital of the Company (5.41% of the Company's current registered share capital) and entitling its holder to exercise the respective amount of votes at the General Meeting). After the transaction, Alta Capital Partners S.C.A. holds 14,316,439 shares in the Company, representing 37.73% in the Company's share capital and of all votes at the General Meeting. After the registration of the increase of the Company's share capital by way of issuing 2,052,802 new shares in the Company, Alta Capital Partners S.C.A. will hold 16,369,241 shares in the Company, representing 40.92% of the increased share capital of the Company and of all votes at the General Meeting. Alta Capital Partners S.C.A. is under the control of Mr. Indrek Rahumaa, via OÜ Investeerimisvabrik (which also directly holds 136,414 shares in the Company) and SIA Alta Capital Partners, which in turn holds 5,460,000 shares in the Company, and is entitled and obliged to repurchase a further 1,750,000 shares in the Company that have temporarily been transferred to a third party. Consequently, after the abovementioned transaction, companies controlled by Mr. Indrek Rahumaa will hold a total of 23,715,655 shares in the Company, representing 59.29% of the increased share capital of the Company and of all votes at the General Meeting after the registration of the share capital increase. Before the transaction, companies controlled by Mr. Indrek Rahumaa held 27,884,191 shares in the Company, which represented 73.48% of the Company's share capital and of all votes at the General Meeting. Peeter Larin PTA Grupp AS Member of the Management Board Tel. +372 6 710 700