Share Buyback Transactions


During the period from 22.11.2010 until 26.11.2010 the following buyback        
transactions have been made:                                                    

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| Tallinn Stock Exchange                                                       |
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| Share - SFGAT                                                                |
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| Date         | Amount of    |   Average price per   |     Cost in total      |
|              | shares       |         share         |                        |
|              | bought back  |                       |                        |
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|              |              |    EUR    |    EEK    |    EUR    |    EEK     |
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| 22.11.2010   |              |           |           |           |            |
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| 23.11.2010   |              |           |           |           |            |
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| 24.11.2010   |          968 |    2.7700 |   43.3411 |     2,681 |     41,954 |
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| 25.11.2010   |              |           |           |           |            |
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| 26.11.2010   |              |           |           |           |            |
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| Total for    |          968 |           |           |     2,681 |     41,954 |
| period       |              |           |           |           |            |
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| Warsaw Stock Exchange                                                        |
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| Share - SFGAT                                                                |
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| Date         | Amount of    |   Average price per   |     Cost in total      |
|              | shares       |         share         |                        |
|              | bought back  |                       |                        |
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|              |              |    EUR    |    PLN    |    EUR    |    PLN     |
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| 22.11.2010   |        3,837 |    2.8670 |   11.2761 |    11,001 |     43,266 |
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| 23.11.2010   |        8,308 |    2.8670 |   11.2761 |    23,819 |     93,682 |
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| 24.11.2010   |       14,622 |    2.8202 |   11.1333 |    41,237 |    162,791 |
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| 25.11.2010   |              |           |           |           |            |
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| 26.11.2010   |        1,000 |    2.7459 |   11.0300 |     2,746 |     11,030 |
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| Total for    |       27,767 |           |           |    78,803 |    310,769 |
| period       |              |           |           |           |            |
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Accumulated total under the share buyback program since 15.11.2010:             

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| Amount of shares bought  | Average price per share | Cost in total (EUR)     |
| back                     | (EUR)                   |                         |
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|                   60,513 |                  2.8724 |                 173,816 |
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1 EUR=15,6466 EEK                                                               

After the transactions listed above, AS Silvano Fashion Group owns 60,513 of its
own shares, which constitute 0.15  % of the share capital. Under the buyback    
program, shares up to the value of 15,600,748  million Euros remain to be bought
back. The maximum amount of shares that remains to be bought back is 3,900,187. 

The share buyback program is being implemented in accordance with the Commission
Regulation (EC) No 2273/2003 of 22.12.2003, implementing Directive 2003/6/EC of 
the European Parliament and of the Council as regards exemptions for buy-back   
programmes and stabilisation of financial instruments. The programme is managed 
by SEB Pank AS, which will buy back shares on behalf of AS Silvano Fashion      
Group. SEB Pank carries out the buyback according to the regulations and within 
the framework of the programme, and will make its trading decisions             
independently of, and without influence by AS Silvano Fashion Group with regard 
to the timing of the purchases.                                                 

										                                                                      
Märt Meerits                                                                    
Member of the management board                                                  
Silvano Fashion Group                                                           
Tel +372 680 1396                                                               
E-mail: info@silvanofashion.com