During the period from 08.10.2018 until 12.10.2018, the following transactions have been made:

Date Amount of units bought back Average unit price, EUR Total cost, EUR
08.10.2018 8194 1,3200 10 816,08
09.10.2018 10383 1,3160 13 664,03
10.10.2018 9604 1,3194 12 671,52
11.10.2018 10079 1,3195 13 299,24
12.10.2018 10908 1,3100 14 289,48
Total 49168 1,3167 64 740,35

As of the date of this announcement, Baltic Horizon Fund holds 372 545 own units.

All the acquisitions above have been made on Nasdaq Tallinn by SEB Pank AS, acting as a broker carrying out the buy-back program of the Fund units.

The buy-back program duration will be until 19.06.2019 in the course of which the Fund can acquire up to 5 million units for up to EUR 5 million for the price below the most recent NAV.

Additional information:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail tarmo.karotam@nh-cap.com
www.baltichorizon.com

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.

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