Indicative value change, EUR
Fund Investments February 2015¹
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East Capital Deep Value Fund 5.7%

East Capital Frontier Markets Fund² 1.6%

East Capital Russia Domestic Growth
Fund 30.9%

East Capital Baltic Property Fund II³ 0.0%

East Capital Bering Ukraine Fund Class
R 1.0%
-------------------------------------------------------------------------------
Value change Fund Investments 6.1%

¹ Adjusted for investments, divestments and distributions during the period
² East Capital Frontier Markets Fund, which is a daily traded UCITS fund, is
included in short-term investments in East Capital Explorer's financial
reports. The fund's daily NAV is available on East Capital's home page
³ East Capital Baltic Property Fund II published NAV on a quarterly basis

1 EUR = 9.36 SEK on 28 February 2015. Source: Reuters

Fund investments, including the short-term investment in East Capital Frontier
Markets Fund, accounted for 50% of East Capital Explorer's total Net Asset Value
in the latest published interim report as of 31 December 2014. During January
and February, the Company sold shares in East Capital Frontier Markets Fund for
a total amount equivalent to EUR 7.1m and in East Capital Russia Domestic Growth
Fund for an amount equivalent to EUR 3.0m.

East Capital Explorer's complete NAV (including the value of direct investments,
funds and short-term investments) are published on a quarterly basis in the
Company's interim reports.

Financial reporting calendar

* Annual Report 2014 available in March 2015
* Annual General Meeting 2015 - 21 Apr 2015
* Interim Report, Q1 2015 - 13 May 2015
* Interim Report, Q2 2015 - 20 Aug 2015
* Interim Report, Q3 2015 - 5 Nov 2015

Contact information

Mia Jurke, CEO, East Capital Explorer, +46 8 505 885 32
Lena Krauss, CFO and Head of Investor Relations, East Capital Explorer,
+46 73 988 44 66

About East Capital Explorer

East Capital Explorer AB (publ) is a Swedish investment company, created with
the specific aim of bringing unique investment opportunities in Eastern Europe
to a broader investor base. The company makes direct investments into private
and public companies but investments are also made through East Capital's
private equity, real estate and alternative investment funds. East Capital
Explorer's main investment theme is domestic growth and the Company targets fast
growing sectors such as Retail and Consumer goods, Financials and Real Estate.
East Capital Explorer has appointed East Capital to manage its investment
activities. East Capital Explorer is listed on NASDAQ OMX Stockholm, Mid Cap.

Listing: NASDAQ OMX Stockholm. Mid Cap - Ticker: ECEX - ISIN: SE0002158568 -
Reuters: ECEX.ST - Bloomberg: ECEX SS Equity

This report has not been subject to review by the company's auditors and the
information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act and demands made in the exchange rules. It was
released for publication at 08:00 a.m. CET on 6 March 2015.

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other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: East Capital Explorer AB via GlobeNewswire
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