SILVANO FASHION GROUP AS Share buyback transactions

Podstawa prawna: During the period from 04.05.2015 until 08.05.2015 the following buyback transactions have been made:

Tallinn Stock Exchange:

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

EUR EUR

04.05.15 10 520 1.4900 15 674.80

05.05.15 0 0 0

06.05.15 0 0 0

07.05.15 0 0 0

08.05.15 0 0 0

Total amount: 10 520 1.4900 15 674.80

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)

1 000 000 1.4528 1 452 816.26

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 1 000 000 shares in total for the total amount of 1 452

816.26 Euros, resulting an average acquisition cost of 1.4528 Euros per share.

Therefore, the company has completed the share buy-back program as approved by

the Annual General Meeting.

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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