Baltic Horizon Fund / Northern Horizon Capital: Baltic Horizon Fund declared approx. EUR 1.78 million cash distribution to investors

Northern Horizon Capital AS as the management company of Baltic Horizon Fund
(the Fund) has approved a cash distribution in the amount representing 1.81%
(rounded) of the weighted average net asset value of the Fund in Q4 2017
(including year-end valuations) to its unitholders. This equals to approx. EUR
1.78 million in total and EUR 0.023 per unit based on 2017 year-end total
number of units outstanding. Detailed information about the 2017 4th quarter
results will be available in the Q4 2017 interim report (unaudited
consolidated) to be published on week 7 this year. 

Payments will be distributed from the Fund on 19th February 2018. Unitholders
entitled to receive distributions will be determined according to a unitholders
list as of 15th of February 2018 end of business day in T2S settlement system
(Record date). 

Additional information:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail [e-mail]
www.baltichorizon.com

The Fund is a registered contractual public closed-end real estate fund that is
managed by Alternative Investment Fund Manager license holder Northern Horizon
Capital AS. 

Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com 

This announcement contains information that the Management Company is obliged
to disclose pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the above distributors, at
23:09 EET on 31st of January 2018.