Change in Substantial Shareholding

 | Source: Silvano Fashion Group Silvano Fashion Group 

In accordance with the Securities Market Act, SIA Alta Capital Partners
notified AS Silvano Fashion Group (SFG) that the votes acquired by it and its
subsidiaries in SFG have reduced below the 10% threshold of the total amount of
votes represented by all shares in SFG. 

According to the notification, SIA Alta Capital Partners and its subsidiaries
own 3,164,286 shares in SFG as at 28 December 2009, which represent 7.91% of
the total amount of votes represented by all shares in SFG. 


Sergei Kusonski
Member of the Management Board
AS Silvano Fashion Group
Tel +375 17 288 07 70

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