East Capital Explorer AB - Invitation to telephone conference on 6 May to present Q1 Report 2011

East Capital Explorer's interim report 1 January - 31 March 2011 will be
published on Friday, 6 May 2011, before the stock exchange opens. The report
will be presented and commented at a telephone conference with Gert Tiivas, CEO
and Mathias Pedersen, CFO.

Date: Friday, 6 May 2011
Time: 10.00 am CET
Telephone details: +46 8 505 598 53 (Sweden) or +44 203 043 24 36 (UK).

Please dial-in a few minutes before the conference starts. A presentation for
the telephone conference will be made available on www.eastcapitalexplorer.com
before the conference.

The telephone conference will be webcasted simultaneously and can be viewed on
www.eastcapitalexplorer.com. The webcast will also be recorded and made
available on the website after the telephone conference.


Contact information:
Kristina Karusuo, East Capital Explorer +46 8 505 977 18


Financial reporting calendar - East Capital Explorer:

  * Monthly Net Asset Value report on the fifth working day after the end of
    each month
  * Interim Report, 1 January - 30 June 2011 on 5 August 2011
  * Interim Report, 1 January - 31 September 2011 on 11 November 2011


About East Capital Explorer - East Capital Explorer AB is a Swedish company,
created with the specific aim of bringing unique investment opportunities in
Eastern Europe to a broader investor base. The company invests mainly in East
Capital's alternative investment as well as direct investments into private and
public companies. East Capital Explorer targets fast growing sectors such as the
power utilities, financial, retail and consumer goods and real estate sectors.
East Capital Explorer has appointed East Capital to manage its investment
activities. Since 9 November 2007, East Capital Explorer is listed on NASDAQ OMX
Stockholm, Mid Cap.

This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act or demands made in the exchange rules. It was
released for publication at 10:00 a.m. CET on 2 May 2011.

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