Cancellation of repurchased shares in East Capital Explorer AB


During June, the 1,141,969 shares that were repurchased by the Company from 15
September 2011 to 30 March 2012 were cancelled in accordance with the decision
at the Annual General Meeting on 25 April 2012. The repurchased shares
corresponded to 3.3 percent of the company's outstanding number of shares.

The number of shares in East Capital Explorer thereby amounts to 33,709,706 on
29 June 2012. East Capital Explorer holds no own shares after the cancellation.

Contact information:
Mia Jurke, CEO, East Capital Explorer, +46 8 505 885 32
Charlotte Åsberg, Investor Relations Manager, East Capital Explorer,
+46 8 505 885 94

Financial reporting calendar - East Capital Explorer:
  * Monthly Net Asset Value report on the fifth working day after the end of
    each month

  * Interim Report 1 January - 30 June 2012, 7 August 2012

  * Interim Report 1 January - 30 September 2012, 9 November 2012


About East Capital Explorer - East Capital Explorer AB (publ) 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 special fund products   but it also makes direct
investments into private and public companies. East Capital Explorer targets
fast growing sectors such as Power Utilities, Financials, Retail- and Consumer
goods and Real Estate. East Capital Explorer has appointed East Capital to
manage its investment activities. East Capital Explorer is listed on NASDAQ OMX
Nordic Stockholm, Mid Cap.

This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act and demands made in the exchange rules. It was
released for publication at 07:00 a.m. CET on 29 June 2012.


[HUG#1622712]

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