OREANDA-NEWS. April 20, 2015. During the period from 13.04.2015 until 17.04.2015 the following buyback transactions have been made:

Tallinn Stock Exchange:

Date Amount of shares bought back   Average share price    Cost in total
      EUR   EUR
13.04.15 5 000   1.4880   7 440.00
14.04.15 15 000   1.5950   23 925.00
15.04.15 9 748   1.5672   15 277.07
16.04.15 9 300   1.5773   14 668.89
17.04.15 6 500   1.5800   10 270.00
Total amount: 45 548   1.5715   71 580.96

  Accumulated total under the share buyback program since 01.07.2014:

Amount of shares bought back Average price per share (EUR) Cost in total (EUR)
925 538 1.4469 1 339 175.19

After the transactions listed above, within the framework of the share buy-back program, approved by the shareholders meeting on 30.06.2014, AS Silvano Fashion Group has acquired 925 538 shares in total for the total amount of 1 339 175.19 Euros, resulting an average acquisition cost of 1.4469 Euros per share.

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.