During the period from 01.08.2018 until 03.08.2018, the following transactions have been made:

Date Amount of units bought back Average unit price, EUR Total cost, EUR
01.08.2018 3955 1,3000 5 141,50
02.08.2018 997 1,2900 1 286,13
03.08.2018 2532 1,2900 3 266,28
Total 7484 1,2953 9 693,91

As of the date of this announcement, Baltic Horizon Fund holds 7484 own units.

All the acquisitions above have 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