During the period from 20.08.2018 until 24.08.2018, the following transactions have been made:

Date Amount of units bought back Average unit price, EUR Total cost, EUR
21.08.2018 3614 1,2800 4 625,92
22.08.2018 1286 1,2800 1 646,08
23.08.2018 4010 1,2801 5 133,20
24.08.2018 4373 1,2900 5 641,17
Total 13283 1,2833 17 046,37

As of the date of this announcement, Baltic Horizon Fund holds 54 299 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

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