Distribution of dividends from East Capital Turkish Fund

After the NAV was settled for 17 June 2010, the East Capital Turkish Fund paid out SEK 5,183,942.54 in dividends, which corresponds to SEK 0.023782 per unit. The dividends will be reinvested at a NAV of SEK 10.12, so investors who owned units in the fund on 17 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 17 June were made at a NAV of SEK 10.15, i.e. the NAV level before the calculation of the dividends. After the dividend payout and the reinvestment, the new NAV is SEK 10.12. All investors who bought fund units on 17 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 18 June 2010. All other clients will receive this information in the semi-annual statement sent out in the beginning of 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.