AS SEB Pank notified AS Silvano Fashion Group (SFG) that the number of shares on the representative account of Skandinaviska Enskilda Banken AB Clients decreased under 10%. According to the notification, the number of shares on the representative account of Skandinaviska Enskilda Banken AB Clients constituted 3,870,456 as at the end of the day of 4 February 2010, which represent 9.68% of the total amount of votes represented by all shares in SFG. In addition to the aforementioned notification, AS SEB Pank notified SFG that the number of shares on the representative account of Skandinaviska Enskilda Banken AB Clients exceeded 10%. According to the notification, the number of shares on the representative account of Skandinaviska Enskilda Banken AB Clients constituted 5,274,456 as at the end of the day of 8 February 2010, which represent 13.19% of the total amount of votes represented by all shares in SFG. SIA Alta Capital Partners notified SFG that the votes acquired by it and its subsidiaries in SFG have reduced below the 5% threshold of the total amount of votes represented by all shares in SFG. According to the notification, SIA Alta Capital Partners and its subsidiaries own 1,864,286 shares in SFG as at 3 February 2010, which represent 4.66% of the total amount of votes represented by all shares in SFG. ______________________________ Sergei Kusonski Member of the Management Board AS Silvano Fashion Group Tel +375 172880770