East Capital Explorer AB: Number of shares in East Capital Explorer

During May, the 647,485 shares that were repurchased by the Company between 8 March – 9
April 2010 under the existing repurchase authorization were canceled in accordance with
the decision at the Annual General Meeting on 28 April 2010.

The number of shares in East Capital Explorer thereby amounts to 34,851,675 on 31 May
2010. East Capital Explorer holds no own shares following this cancellation.

Contact information:

Mathias Pedersen, CFO East Capital Explorer +46 8 505 977 48

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 2010, 20 August 2010
* Interim Report 1 January – 31 September 2010, 11 November 2010

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 private equity and
semi-public equity funds that provide exposure to companies not otherwise accessible via
the local stock exchanges in Eastern Europe. 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.

HUG#1420524

Press release 1 June 2010 (PDF) http://hugin.info/143006/R/1420524/370097.pdf

Terrorism must be opposed and crushed, KNP

London, May 10 (ANI):Supreme Council of Kashmir National Party met in Watford, England to discuss issues related to the Kashmiri struggle and the KNP.

The Supreme Council after detailed discussion unanimously declared that:

Terrorism must be opposed and crushed. It hurts innocent people; and it is seriously hurting interests of Muslims around the world, especially those living in the Western countries.

In this regard government of Pakistan and its agencies have a great role to play and have to be honest with what they claim. They have to stop this distinction of ‘good terrorists’ and ‘bad terrorists’; and revisit its policy because terrorists could not be strategic asset, as they have their own agenda which is against Muslims and hurts innocent people of other religions as well.

They have also to stop infiltration in Jammu and Kashmir as it hurts people of Jammu and Kashmir on both sides of the Line of Control; and create tension and hatred in the region.

Government of Pakistan must stop its endeavours to annex Kashmiri territory of Gilgit Baltistan, and give people of the region their fundamental human rights.

Government of Pakistan must stop its meddling in affairs of Pakistani Administered Kashmir and immediately abrogate Act 74, which has practically made this territory a colony of Pakistan; and has allowed Pakistan to plunder and exploit our resources.

The Supreme Council strongly condemned action of puppet government of Gilgit Baltistan in which Shafqat Inquilabi and other leaders of APNA were not allowed to hold a peaceful public meeting in Gilgit on 28 April; and were expelled by force from the region.

This action of puppet government is flagrant violation of human rights of these people; and makes mockery of the much claimed democracy in Gilgit Baltistan imposed by Islamabad.

The Supreme Council, in line with its declared policy and constitution, set up Parliamentary Candidates Selection Board to select candidates for the next elections in Pakistani Administered Kashmir.

Dr Shabir Choudhry has been appointed Chairman of PCSB with the following people as members: Masoom Ansari, Ch Mohammed Ayub, Ifzaal Sulehria, Mahfooz Tahir and Yasin Anjum.

In this regard Abbas Butt, Chairman of the KNP will soon visit Pakistani Administered Kashmir to finalise these matters, and examine progress of various projects including progress of challenge to Gilgit Baltistan Ordinance currently waiting hearing in the Supreme Court of Pakistan.

The Supreme Council declared that KNP wants to work with other like minded people and parties to promote a common agenda, but this goodwill gesture cannot continue when members of other nationalist parties show immaturity; and some with mischievous character spew venom against senior KNP leaders, as happened few weeks ago.

KNP leaders welcomed resumption of talks between India and Pakistan, but emphasised that the Kashmir dispute is not a bilateral dispute, and could not be resolved by bilateral talks. They said there is no military solution to the Kashmir dispute and violence must end that lives could be saved and the peace process could be resumed.

They reiterated their position that unification and independence of the entire State is their ultimate goal; and that APHC does not represent people of the State. They said Kashmir dispute is not religious in nature, and those who are trying to link it with Pan Islamic Movement are not well wishers of the people of Jammu and Kashmir, because movement based on religion will divide the State by provoking communal, sectarian and regional rivalries.

The Supreme Council appreciated the work carried out by Diplomatic Committee; and directed its head Dr Shabir Choudhry to work on new targets decided by the Supreme Council.

The Supreme Council strongly condemn government of Pakistani Administered Kashmir for harassing and starting unfounded cases against KNP Zonal President Ifzaal Suleria. They also condemn arrest and illegal detention of Shafqat Inquilabi who was illegally expelled from his home district.

KNP leaders congratulated all those British Kashmiri politicians who have been successful in the British elections, notably Mr Khalid Mahmood, Shabana Mahmood, Mr Chishti who have become Members of House of Commons; and Ali Adalat, Ghulam Hussain and others who have won local council seats.

The following people addressed the meeting: Abbas Butt, Nazam Bhatti, Masoom Ansari, Nawaz Majeed, Javed Shah, Asim Mirza, Ch Abdul Razaq, Ch Abdul Aziz, Aurnagzeb, Anis Ahmed Abdul Majeed Ch, Mohammed Shabbir Awan, Zil- e- Shah Naqvi and Dr Shabir Choudhry. (ANI)

Seoul shares extend gains on Moody’s upgrade

Institutions were buyers of a net 95.7 billion won worth of
stocks and retail investors were sellers of a net 179.8 billion
won worth.

Advancers outnumbered decliners 524 to 276, with 88 issues
ending flat.

Trading volume stood at 424.7 million shares worth 5.7
trillion won, compared with 360 million shares worth 4.3 trillion
won in the previous session.

The KOSPI 200 June futures index KSc1 ended up 2.90 points
at 228.55, and the KOSPI 200 spot index .KS200 rose 3.39 points
to 228.08.

The junior Kosdaq market .KQ11 ended 0.62 percent higher to
close at 509.69.

Move on day +1.45 percent

12-month high 1,737.45 9 APRIL 2010

12-month low 1,298.86 28 APRIL 2009

Change on yr +3.12 percent

All-time high 2,085.45 1 NOV 2007

All-time low 93.10 6 JAN 1981

Seoul shares slip on exporters; banks, airlines up

Decliners outnumbered advancers 474 to 318, with 91 issues
ending flat.

Trading volume stood at 370.9 million shares worth 4.77
trillion won, compared with 342 million shares worth 4.5 trillion
won in the previous session.

The KOSPI 200 June futures index KSc1 ended down 1.55
points at 227.00, and the KOSPI 200 spot index .KS200 declined
1.46 points at 226.81.

The junior Kosdaq market .KQ11 ended 0.22 percent lower to
close at 512.15.

Move on day -0.54 percent

12-month high 1,737.45 9 APRIL 2010

12-month low 1,298.86 28 APRIL 2009

Change on yr +2.48 percent

All-time high 2,085.45 1 NOV 2007

All-time low 93.10 6 JAN 1981

UPDATE 1-Etruscan Q1 loss widens, cuts 2009 exploration budget

Q1 loss of C$0.26/shr; gold rev C$17.4 mln

* Produced 15,181 oz of gold in Q1

* Sees 2009 gold production of 70,000-80,000 oz

* Says significantly reduced 2009 exploration budget

* Available cash of C$6.4 mln at Feb. 28

April 14 (Reuters) – Gold miner Etruscan Resources Inc (EET.TO) posted a wider quarterly loss, hurt by higher financing costs, and said it had cut its 2009 exploration budget “significantly.”

“The timing of recommencement and extent of drilling and other exploration activities for 2009 is dependent upon accessing sufficient funding,” the company said.

Etruscan had a consolidated working capital deficiency of C$15.7 million at the end of February, compared with a deficiency of C$21.3 million at the end of 2008.

For the first quarter, the company’s net loss was C$38.9 million, or 26 Canadian cents a share, compared with a loss of C$36.5 million, or 30 Canadian cents a share, a year ago.

Etruscan reported financing costs of C$3.9 million for the quarter, compared with C$0.2 million last year.

The company’s Youga gold mine generated negative cash flow from operations of C$0.4 million for the first quarter, compared with a positive cash flow of C$4.1 million for the fourth quarter of 2008.

Shares of the Halifax, Nova Scotia-based company closed at 47 Canadian cents Tuesday on the Toronto Stock Exchange.

For related alerts, please double click [ID:nWNAB3299] (Reporting by Isheeta Sanghi in Bangalore; Editing by Himani Sarkar)