CHANGING REFERENCE LIMIT OF SILVANO FASHION GROUP SHARE


Due to substantial price movement after disclosure of the agenda for the
extraordinary shareholders' meeting with proposition of buyback of own shares,
the lower reference limit of Silvano Fashion Group share will be increased from
-15% to -5% and the upper reference limit will be increased from +15% to +25%
as of today at 13.25 PM. Thus, the new reference limits will be -5% and +25%
and they will stay in force until the end of trading day. 

Reference limit is the percentage rate within which the price of order and
contract transaction may differ from the reference price of the instrument. The
reference price of AS Silvano Fashion Group share is EUR 1.41, the lower
reference limit is EUR 1.19 before the change and EUR 1.34 after the change and
the upper reference limit EUR 1.62 before the change and EUR 1.76 after the
change. 


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