Nomination Committee for East Capital Explorer's AGM 2008


The composition of East Capital Explorer's Nomination Committee for the Annual
General Meeting 2008 is hereby announced. The following persons comprise the
Nomination Committee: 

• Ramsay Brufer, Alecta
• Anders Klein, SEB
• Robert Vikström, Handelsbanken
• Paul Bergqvist, as Chairman of the Board in East Capital Explorer
• Peter Elam Håkansson, as Chairman of the Board in the company's Investment
Manager 

The role of the Nomination Committee is to present proposals to the Annual
General Meeting on issues such as chairman of the meeting, members of the Board
of Directors, chairman of the Board as well as auditors. The Nomination
Committee shall also propose remuneration to the members of the Board of
Directors, remuneration for any committee work and fees to be paid to the
company's auditors as well as propose the process for electing a Nomination
Committee prior to the 2009 Annual General Meeting. 

East Capital Explorer's Annual General Meeting will be held Monday, 21 April
2008, in Stockholm. Publication of the notice to the meeting is scheduled for
mid-March.

Shareholders who wish to contact the Nomination Committee or the Board of
Directors, are welcome to send an e-mail to ir@eastcapitalexplorer.com, or a
letter to East Capital Explorer, att: Nomination Committee, Box 7214, 103 88
Stockholm, Sweden. 


Contact information:
Paul Berqvist, Chairman of the Board, East Capital Explorer + 46 733 55 41 00
Louise Hedberg, Head of Communications/IR, East Capital Explorer +46 8 505 977
20 

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 November 9, 2007, East Capital Explorer is listed on the OMX
Nordic Exchange Stockholm, mid-cap segment. 

This information is disclosed in accordance with the Securities Markets Act,
the Financial Instruments Trading Act or demands made in the exchange rules.

Attachments

080121-pressrelease nom com eng.pdf