Market announcement

Baltic Horizon Fund / Northern Horizon Capital AS

LEI code

5299008IKT93E4SA0G49

Size of the entity

Small undertaking

Economic activities

Financial and Insurance Activities

Industry sector(s)

Management company

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

6947

Submission date and time

15.11.2018 16:15:00

Content of announcement in Estonian

Title

Baltic Horizon Fond avaldab osaku puhasväärtuse 2018. aasta oktoobri seisuga

Message

Baltic Horizon Fondi (Fond) osaku puhasväärtus (NAV) 2018. aasta oktoobri lõpu
seisuga on 1.3675 eurot osaku kohta. Fondi osaku puhasväärtuse muutus võrreldes
eelneva kuu lõpu seisuga on -1.4%. Fondi puhasväärtus vähenes oktoobris
tulenevalt rahalise väljamakse arvesse võtmisega EUR 2,06 miljoni ulatuses ja
negatiivsest muutusest tuletisinstrumentide (intresside SWAP) reservis.

Lisainformatsioon:

Tarmo Karotam
Baltic Horizon Fund, fondijuht
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=uMlftpVUP59vcFGbVHHzr_KcjChy3SCrD-
dLLbKTf0tlSH1mL87VqG6CkOi1dyJxDkU2O-o-JV2_7HHH73VuITFc85rKY-JEcJYmbhU0Y58=)
www.baltichorizon.com
(https://www.globenewswire.com/Tracker?data=GSQVye1bgzTst_zGKIpP26VIk1zPIzIgVMWj
ti3i1cfV_nirnheSYU37-_bO7bEFZOmxt5VBBMFcP57yge1KyCvBY_f13KWZCeY_zAq317A=)

Fond on registreeritud lepinguline avalik kinnine kinnisvarafond, mida valitseb
alternatiivfondivalitseja Northern Horizon Capital AS. Nii Fondi kui ka
Fondivalitseja üle teostab järelevalvet Finantsinspektsioon.

Avaldamine: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com

Content of announcement in English

Title

Baltic Horizon Fund publishes its NAV for October 2018

Message

Net asset value (NAV) of Baltic Horizon Fund (the Fund) unit as of end of
October 2018 amounted to 1.3675 EUR per unit. Compared to previous month, NAV
decreased by -1.4%. The NAV decrease is mainly affected by declared dividend of
approx. EUR 2.06 million recognized in October 2018 and negative interest rate
swap hedge movement during the month.

Additional information:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=uMlftpVUP59vcFGbVHHzr_KcjChy3SCrD-
dLLbKTf0tYKkwB7G6reju32f7rd8ox82AC6Fn9dBPVvf3Ds42Jh3HUJLP5jcLLX8sWJsVvChk=)
www.baltichorizon.com
(https://www.globenewswire.com/Tracker?data=GSQVye1bgzTst_zGKIpP26VIk1zPIzIgVMWj
ti3i1cf-4E0NoN4fd-0Tfskl1CsTlTHoZAL_uWoEIZ8vsfyPcNQbnnYeu2x_1pKetGZPyYM=)

The Fund is a registered contractual public closed-end real estate fund that is
managed by Alternative Investment Fund Manager license holder Northern Horizon
Capital AS. Both the Fund and the Management Company are supervised by the
Estonian Financial Supervision Authority.

Distribution:  GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com