On 25 October, 2016, the Council of the Financial and Capital Market Commission has decided to authorize the ELKO Group AS to make a public offer of bonds and has registered its bond Base Prospectus.

According to the Base Prospectus, in one-year period ELKO Group AS may issue bonds amounting to EUR 50,000,000 or equivalent amount in USD. Information about a particular bond issues will be notified, as the respective decisions are made.

To attract additional financing for company's further development and growth, has so far been accomplished and successfully completed one bond issue in October, 2015, which is included in the the Baltic bond list of Nasdaq Riga.

About ELKO Group

Founded in 1993 and is one of the largest IT product wholesalers and IT solutions and services distributors in Eastern Europe, now also actively expanding to Central Asian market. ELKO represents more than 120 IT vendors and sells their goods to more than 6500 retailers, local computer producers and system integrators. ELKO offers more than 20 000 product titles from the most famous vendors.

Further information: elkogroup.com

         Janis Kirsis
         Head of Treasury
         ELKO Grupa AS
         
         4, Toma Street
         Riga, LV - 1003, Latvia
         Phone: + 371 6709 2357
         e-mail: janis.kirsis@elkogroup.com