Invitation to telephone conference on 22 May to present East Capital Explorer's Q1 report 2014

East Capital Explorer's interim report 1 January - 31 March 2014 will be
published on Thursday, 22 May 2014, before the stock market opens. The report
will be presented at a telephone conference with Catharina Hagberg, Acting CEO
at East Capital Explorer and Kestutis Sasnauskas, Founding Partner and Head of
Private Equity & Real Estate at East Capital.

Date:                      Thursday, 22 May 2014
Time:                     10.00 am CET
Dial-in numbers:  +46 8 505 564 74 (Swe), +44 203 364 53 74 (UK),
+1 855 753 22 30 (US)

Please dial-in a few minutes before the conference starts. The presentation for
the telephone conference will be made available on www.eastcapitalexplorer.com
at the latest 15 minutes before the conference begins.

To listen to the webcast, click here.

The webcast will also be available on the website after the telephone
conference.

Contact information

Kristina Karusuo, East Capital Explorer +46 8 505 977 18

Financial reporting calendar

·         Monthly Net Asset Value report on the fifth working day after the end
of each month
·         Interim Report, 1 January - 31 March 2014 on 22 May 2014
·         Interim Report, 1 January - 30 June 2014 on 21 August 2014
·         Interim Report, 1 January - 30 September 2014 on 7 November 2014

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

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 Source: East Capital Explorer AB via GlobeNewswire