Indicative value change, EUR
Fund Investments¹ November 2014
-------------------------------------------------------------------------------
East Capital Deep Value Fund -2.9%
East Capital New Markets Fund -3.0%
East Capital Russia Domestic Growth Fund -12.5%
East Capital Baltic Property Fund II² 0.0%
East Capital Bering Ukraine Fund Class R -0.5%
-------------------------------------------------------------------------------
Value change Fund Investments -4.1%
¹ With an increasing share of direct investments in the portfolio, East
Capital Explorer has decided to discontinue the previously published monthly
Net Asset Value (NAV) reports. To avoid selective dissemination of
information, the Company will continue to publish the monthly performance of
the alternative investment funds, as these funds distribute this information
to their other fund holders. East Capital Explorer's complete NAV (including
direct investments, funds and short-term investments) will be published in
the Company's interim reports
² East Capital Baltic Property Fund II published NAV on a quarterly basis
1 EUR = 9.28 SEK on 30 November 2014. Source: Reuters
Fund investments accounted for 52% of East Capital Explorer's total NAV in the
latest published interim report, as of 30 September 2014. No transactions have
taken place in the fund portfolio since 30 September 2014.
Financial reporting calendar
* Year-end Report 2014 - 12 Feb 2015
* Annual General Meeting 2015 - 21 Apr 2015
* Interim Report, Q1 2015 - 13 May 2015
* Interim Report, Q2 2015 - 20 Aug 2015
* Interim Report, Q3 2015 - 5 Nov 2015
Contact information
Mia Jurke, CEO, East Capital Explorer, +46 8 505 885 32
Lena Krauss, CFO and Head of Investor Relations, East Capital Explorer,
+46 73 988 44 66
About East Capital Explorer
East Capital Explorer AB (publ) is a Swedish investment company, created with
the specific aim of bringing unique investment opportunities in Eastern Europe
to a broader investor base. The company makes direct investments into private
and public companies but investments are also made through East Capital's
private equity, real estate and alternative investment funds. East Capital
Explorer's main investment theme is domestic growth and the Company targets
fast growing sectors such as Retail and Consumer goods, Financials and Real
Estate. East Capital Explorer has appointed East Capital to manage its
investment activities. East Capital Explorer is listed on NASDAQ OMX
Stockholm, Mid Cap.
Listing: NASDAQ OMX Stockholm. Mid Cap - Ticker: ECEX - ISIN: SE0002158568 -
Reuters: ECEX.ST - Bloomberg: ECEX SS Equity
This report has not been subject to review by the company's auditors and the
information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act and demands made in the exchange rules. It
was released for publication at 08:00 a.m. CET on 5 December 2014.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: East Capital Explorer AB via GlobeNewswire
