East Capital Explorer AB hereby reports that the Company, in accordance with
the decision of the Board regarding the utilization of the authorization to
repurchase own shares as announced on 8 March 2010, has repurchased a total of
294,235 shares between 8 March and 12 March 2010 at an average price of SEK
73.82 per share.
Shares can be purchased up to and including 9 April 2010, observing blackout
periods before reports and all other applicable rules. Execution of the
resolution to repurchase shares is dependent upon market terms, applicable
rules and regulations and the Company's capital position at any point in time.
Before 8 March 2010, the Company did not hold any own shares. The total number
of shares in East Capital Explorer amount to 35,499,160.
Contact information:
Gert Tiivas, CEO of East Capital Explorer AB +46 8 505 977 30
Mathias Pedersen, CFO of East Capital Explorer AB +46 8 505 977 48
Financial reporting calendar - East Capital Explorer:
• Monthly Net Asset Value report on the fifth working day after the end of each
month
• Annual Report 2009 available in the week of 5 April 2010
• Annual General Meeting 2010 in Stockholm on 28 April 2010
• Interim Report 1 January - 31 March 2010, 11 May 2010
• Interim Report 1 January - 30 June 2010, 20 August 2010
• Interim Report 1 January - 30 September 2010, 11 November 2010
About East Capital Explorer │ East Capital Explorer AB is a Swedish company,
created with the specific aim of bringing unique investment opportunities in
Eastern Europe to a broader investor base. The company invests mainly in East
Capital's private equity and semi-public equity funds that provide exposure to
companies not otherwise accessible via the local stock exchanges in Eastern
Europe. East Capital Explorer targets fast growing sectors such as the power
utilities, financial, retail and consumer goods and real estate sectors. East
Capital Explorer has appointed East Capital to manage its investment
activities. Since 9 November 2007, East Capital Explorer is listed on NASDAQ
OMX Stockholm, Mid Cap.
This information is disclosed in accordance with the Securities Markets Act,
the Financial Instruments Trading Act or demands made in the exchange rules.
