OREANDA-NEWS. During the period from 20.04.2015 until 24.04.2015 the following buyback transactions have been made:

Tallinn Stock Exchange:

Date Amount of shares bought back   Average share price    Cost in total
      EUR   EUR
20.04.15 8 500   1.5559   13 225.15
21.04.15 2 500   1.5600   3 900.00
22.04.15 3 395   1.5600   5 296.20
23.04.15 12 000   1.5704   18 844.80
24.04.15 11 900   1.5463   18 400.97
Total amount: 38 295   1.5581   59 667.12

  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)
963 833 1.4513 1 398 842.31

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 963 833 shares in total for the total amount of 1 398 842.31 Euros, resulting an average acquisition cost of 1.4513 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.