During the period from 15.10.2018 until 19.10.2018, the following transactions have been made:

Date Amount of units bought back Average unit price, EUR Total cost, EUR
15.10.2018 0 0,0000 0,00
16.10.2018 10 563 1,3111 13 849,15
17.10.2018 0 0,0000 0,00
18.10.2018 10523 1,3111 13 796,71
19.10.2018 10663 1,3120 13 989,86
Total 31749 1,3114 41 635,71

As of the date of this announcement, Baltic Horizon Fund holds 404 294 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