SILVANO FASHION GROUP AS Share buyback transactions

During the period from 19.10.2015 until 23.10.2015 the following buyback

transactions have been made:

Tallinn Stock Exchange:

Date Amount of shares bought back Average share price Cost in total

EUR EUR

19.10.15 0 0 0

20.10.15 1 000 1.2800 1 280.00

21.10.15 0 0 0

22.10.15 2 475 1.2900 3 192.75

23.10.15 2 000 1.2999 2 599.80

Total amount: 5 475 1.2918 7 072.55

Accumulated total under the share buyback program since 30.06.2015:

Amount of shares bought back Average price per share (EUR) Cost in total (EUR)

335 886 1.3342 448 141.20

After the transactions listed above, within the framework of the share buy-back

program, approved by the shareholders meeting on 29.06.2015, AS Silvano Fashion

Group has acquired 335 886 shares in total for the total amount of 448 141.20

Euros, resulting an average acquisition cost of 1.3342 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.

Aleksei Kadõrko

Chief Financial Officer

Silvano Fashion Group

Tel +372 6845 000

E-mail: info@silvanofashion.com

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