During May, the 647,485 shares that were repurchased by the Company between 8
March - 9 April 2010 under the existing repurchase authorization were canceled
in accordance with the decision at the Annual General Meeting on 28 April 2010.
The number of shares in East Capital Explorer thereby amounts to 34,851,675 on
31 May 2010. East Capital Explorer holds no own shares following this
cancellation.
Contact information:
Mathias Pedersen, CFO East Capital Explorer +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
* Interim Report 1 January - 30 June 2010, 20 August 2010
* Interim Report 1 January - 31 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.
[HUG#1420524]
