Distribution of dividends from East Capital Balkan Fund

After the NAV was settled for 15 June 2009, the East Capital Balkan Fund paid out SEK 5,144,960.05 in dividends, which corresponds to SEK 0.062681 per unit. The dividends will be reinvested at a NAV of SEK 13.89, so investors who owned units in the fund on 15 June will receive new units corresponding to the dividend. Please be aware that dividends can not be paid out in cash. For investors registered to pay tax in Sweden, East Capital will report the dividends to the Swedish Tax Authority. Any taxes will be paid before the dividends are reinvested. Investors registered to pay tax outside of Sweden are required to report the dividends they receive to their respective countries' tax authorities.

All transactions on 15 June were made at a NAV of SEK 13.95, i.e. the NAV level before the calculation of the dividends. After the dividend payout and the reinvestment, the new NAV is SEK 13.89. All investors who bought fund units on 15 June will be a part of the dividend payout and will receive new units corresponding to the dividend.

Distributors acting as nominees for their clients will receive a dividend contract note on 16 June 2010. All other clients will receive this information in the semi-annual statement sent out in July.

If you have any questions regarding this matter, please contact East Capital’s Client Services on +46 (0)8 50 588 505 or info [at] eastcapital [dot] com.