Market announcement

AS Silvano Fashion Group

Category

Other price sensitive information

Date

13.10.2008 09:46:00

Title

Aktsiate tagasiostu tehingud

Message

06.10.2008 otsustas AS-i Silvano Fashion Group juhatus kasutada üldkoosoleku
poolt antud õigust ning käivitada aktsiate tagasiostuprogramm. Tagasi ostetakse
maksimaalselt 3 miljoni euro (46,9 miljoni krooni) väärtuses aktsiaid, kuid
mitte rohkem kui 4 miljonit aktsiat. Tagasiostu periood algas 07.10.2008 ning
lõpeb 06.10.2009. 						 


Perioodil 07.10.2008 - 10.10.2008 on toimunud järgmised aktsiate tagasiostu
tehingud:						 

Tallinna Börs
Aktsia - SFGAT

Kuupäev  	  Tagasiostetud      Keskmine hind     Maksumus kokku
          aktsiate kogus       aktsia kohta
                                      EUR          EEK       EUR       EEK
07.10.2008        14 000             1.48      23.1570    20 720    324 198
08.10.2008        17 000             1.31      20.4970    22 270    348 450
09.10.2008        18 000             1.28      20.0276    23 040    360 498
10.10.2008        19 000             1.23      19.2453    23 370    365 661
Kokku perioodi 
jooksul           68 000             1.31      20.5707    89 400  1 398 807


Varssavi Börs
Aktsia - SFG

Kuupäev    Tagasiostetud     Keskmine hind                 Maksumus kokku
          aktsiate kogus      aktsia kohta
                                      EUR      PLN           EUR       PLN
07.10.2008        18 000             1.20      4.18        21 629    75 240
08.10.2008        19 000             1.15      3.99        21 793    75 810
09.10.2008        16 000             1.15      4.00        18 398    64 000
10.10.2008        17 000             1.15      4.00        19 548    68 000
Kokku perioodi 
jooksul           70 000             1.16      4.04        81 367   283 050


Kokku kumulatiivselt tagasiostuprogrammi raames alates 07.10.2008:

                Tagasiostetud    Keskmine hind          Maksumus kokku
                aktsiate kogus	 aktsia kohta (EUR)	(EUR) 
                138 000	         1.24	                170 767


1 EUR=15,6466 EEK                                                               

Pärast nimetatud tehinguid omab AS Silvano Fashion Group 138 000 oma aktsiat,
mis moodustab kokku 0,345% aktsiakapitalist.					 

Tagasiostuprogrammi raames jääb tagasi osta veel maksimaalselt kuni 2 829 233
miljoni euro väärtuses aktsiaid, kuid mitte rohkem kui 3 862 000 aktsiat. 
							 
Tagasiostuprogrammi teostatakse vastavalt Euroopa Komisjoni määrusele nr.
2273/2003, 22.12.2003, millega rakendatakse Euroopa Parlamendi ja Nõukogu
direktiivi 2003/6/EÜ seoses tagasiostuprogrammidele ja finantsinstrumentide
stabiliseerimisele ettenähtud eranditega. Aktsiate tagasiostu täideviijaks 
ja korraldajaks on AS Hansapank, kes teostab aktsiate tagasiostu AS-i Silvano
Fashion Group nimel. Programmi täideviimisel on AS Hansapank kauplemisotsuste
tegemisel iseseisev, järgides kehtivaid tingimusi ning piiranguid, ilma et AS
Silvano Fashion Group saaks mõjutada aktsiate ostutehingute aega.				 


Peeter Larin
juhatuse liige
Silvano Fashion Group 
Tel +372 67 10 700
E-post: info@silvanofashion.com
www.silvanofashion.com

Title

Share Buyback Transactions

Message

On 06.10.2008, the management board of AS Silvano Fashion Group, acting under
the authorization granted by the general meeting of shareholders, decided to
initiate a share buyback program. The maximum amount to be invested in the
programme by AS Silvano Fashion Group is EUR 3 million Euros (46,9 million
Estonian kroons). The maximum number of shares to be purchased under the
programme is 4 million. The buyback period started on 07.10.2008 and will end
on 06.10.2009. 

During the period from 07.10.2008 until 10.10.2008 the following buyback
transactions have been made: 

Tallinn Stock Exchange
Share - SFGAT
Date  	        Amount of shares   Average price      Cost in total
                bought back	         per share	   
                                     EUR        EEK         EUR        EEK
07.10.2008         14,000            1.48      23.1570     20,720    324,198
08.10.2008         17,000            1.31      20.4970     22,270    348,450
09.10.2008         18,000            1.28      20.0276     23,040    360,498
10.10.2008         19,000            1.23      19.2453     23,370    365,661
Total for period   68,000            1.31      20.5707     89,400  1,398,807

Warsaw Stock Exchange
Share - SFG
Date  	        Amount of shares   Average price     Cost in total
                bought back	          per share	
                                    EUR         PLN        EUR         PLN
07.10.2008         18,000           1.20        4.18      21,629     75,240
08.10.2008         19,000           1.15        3.99      21,793     75,810
09.10.2008         16,000           1.15        4.00      18,398     64,000
10.10.2008         17,000           1.15        4.00      19,548     68,000
Total for period   70,000           1.16        4.04      81,367    283,050

Accumulated total under the share buyback program since 07.10.2008:
                Amount of shares  Average price 
                bought back	  per share (EUR)    Cost in total (EUR)
                138,000	          1.24	             170,767

1 EUR=15,6466 EEK

After the transactions listed above, AS Silvano Fashion Group owns 138,000 
of its own shares, which constitute 0,345% of the share capital. 

Under the buyback program, shares up to the value of 2,829,233 million Euros
remain to be bought back. The maximum amount of shares that remains to be
bought back is 3,862,000. 

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 AS Hansapank, which will buy back shares on behalf of
AS Silvano Fashion Group. AS Hansapank 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. 

										 

Peeter Larin
Member of the management board                                                  
Silvano Fashion Group 
Tel +372 67 10 700
E-mail: info@silvanofashion.com
www.silvanofashion.com