Market announcement

AS Silvano Fashion Group

LEI code

529900JNG41RRJKJYB65

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

2981

Submission date and time

10.12.2010 18:00:56

Content of announcement in Estonian

Title

Aktsiate tagasiostu tehingud

Message

Perioodil 06.12.2010 - 10.12.2010 on toimunud järgmised aktsiate tagasiostu     
tehingud:					                                                                  

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| Tallinna Börs                                                                |
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| Aktsia - SFGAT                                                               |
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| Kuupäev      | Tagasiostetu | Keskmine hind aktsia  |     Maksumus kokku     |
|              | d aktsiate   |         kohta         |                        |
|              | kogus        |                       |                        |
--------------------------------------------------------------------------------
|              |              |    EUR    |    EEK    |    EUR    |    EEK     |
--------------------------------------------------------------------------------
| 06.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| 07.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| 08.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| 09.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| 10.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| Kokku        |            0 |           |           |         0 |          0 |
| perioodi     |              |           |           |           |            |
| jooksul      |              |           |           |           |            |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| Varssavi Börs                                                                |
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| Aktsia - SFG                                                                 |
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| Kuupäev      | Tagasiostetu | Keskmine hind aktsia  |     Maksumus kokku     |
|              | d aktsiate   |         kohta         |                        |
|              | kogus        |                       |                        |
--------------------------------------------------------------------------------
|              |              |    EUR    |    PLN    |    EUR    |    PLN     |
--------------------------------------------------------------------------------
| 06.12.2010   |          380 |    2.7587 |   11.0900 |     1 048 |      4 214 |
--------------------------------------------------------------------------------
| 07.12.2010   |        3 914 |    2.7612 |   11.1000 |    10 807 |     43 445 |
--------------------------------------------------------------------------------
| 08.12.2010   |              |           |           |         0 |          0 |
--------------------------------------------------------------------------------
| 09.12.2010   |          898 |    2.7608 |   11.0984 |     2 479 |      9 966 |
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| 10.12.2010   |        1 622 |    2.7363 |   11.0000 |     4 438 |     17 842 |
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| Kokku        |        6 814 |           |           |    18 772 |     75 467 |
| perioodi     |              |           |           |           |            |
| jooksul      |              |           |           |           |            |
--------------------------------------------------------------------------------


Kokku kumulatiivselt tagasiostuprogrammi raames alates 15.11.2010:              

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| Tagasiostetud aktsiate   | Keskmine hind aktsia    | Maksumus kokku (EUR)    |
| kogus (EUR)              | kohta (EUR)             |                         |
--------------------------------------------------------------------------------
|                   74 582 |                  2.8279 |                 210 910 |
--------------------------------------------------------------------------------


1 EUR=15,6466 EEK                                                               

Pärast nimetatud tehinguid omab AS Silvano Fashion Group 74 582  oma aktsiat,   
mis moodustab kokku 0.19  % aktsiakapitalist. Tagasiostuprogrammi raames jääb   
tagasi osta veel maksimaalselt kuni 15 544 472  miljoni euro väärtuses aktsiaid,
kuid mitte rohkem kui 3 886 118 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 SEB Pank, kes teostab aktsiate tagasiostu AS-i Silvano       
Fashion Group nimel. Programmi täideviimisel on AS SEB Pank kauplemisotsuste    
tegemisel iseseisev, järgides kehtivaid tingimusi ning piiranguid, ilma et AS   
Silvano Fashion Group saaks mõjutada aktsiate ostutehingute aega.				           

Märt Meerits                                                                    
juhatuse esimees                                                                
Silvano Fashion Group                                                           
Tel +372 680 1396                                                               
E-post: [email protected]

Content of announcement in English

Title

Share Buyback Transactions

Message

During the period from 06.10.2010 until 10.12.2010 the following buyback        
transactions have been made:                                                    

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| Tallinn Stock Exchange                                                       |
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| Share - SFGAT                                                                |
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| Date         | Amount of    |   Average price per   |     Cost in total      |
|              | shares       |         share         |                        |
|              | bought back  |                       |                        |
--------------------------------------------------------------------------------
|              |              |    EUR    |    EEK    |    EUR    |    EEK     |
--------------------------------------------------------------------------------
| 06.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| 07.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| 08.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| 09.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| 10.12.2010   |              |           |           |           |            |
--------------------------------------------------------------------------------
| Total for    |            0 |           |           |         0 |          0 |
| period       |              |           |           |           |            |
--------------------------------------------------------------------------------


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| Warsaw Stock Exchange                                                        |
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| Share - SFGAT                                                                |
--------------------------------------------------------------------------------
| Date         | Amount of    |   Average price per   |     Cost in total      |
|              | shares       |         share         |                        |
|              | bought back  |                       |                        |
--------------------------------------------------------------------------------
|              |              |    EUR    |    PLN    |    EUR    |    PLN     |
--------------------------------------------------------------------------------
| 06.12.2010   |          380 |    2.7587 |   11.0900 |     1,048 |      4,214 |
--------------------------------------------------------------------------------
| 07.12.2010   |        3,914 |    2.7612 |   11.1000 |    10,807 |     43,445 |
--------------------------------------------------------------------------------
| 08.12.2010   |              |           |           |         0 |          0 |
--------------------------------------------------------------------------------
| 09.12.2010   |          898 |    2.7608 |   11.0984 |     2,479 |      9,966 |
--------------------------------------------------------------------------------
| 10.12.2010   |        1,622 |    2.7363 |   11.0000 |     4,438 |     17,842 |
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| Total for    |        6,814 |           |           |    18,772 |     75,467 |
| period       |              |           |           |           |            |
--------------------------------------------------------------------------------


Accumulated total under the share buyback program since 15.11.2010:             

--------------------------------------------------------------------------------
| Amount of shares bought  | Average price per share | Cost in total (EUR)     |
| back                     | (EUR)                   |                         |
--------------------------------------------------------------------------------
|                   74,582 |                  2.8279 |                 210,910 |
--------------------------------------------------------------------------------

1 EUR=15,6466 EEK                                                               

After the transactions listed above, AS Silvano Fashion Group owns 74,582 of its
own shares, which constitute 0.19  % of the share capital. Under the buyback    
program, shares up to the value of 15,544,472  million Euros remain to be bought
back. The maximum amount of shares that remains to be bought back is 3,886,118. 

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.                                                 
									                                                                      
Märt Meerits                                                                    
Member of the management board                                                  
Silvano Fashion Group                                                           
Tel +372 680 1396                                                               
E-mail: [email protected]