Efore - Changes in company's own shares

NOTICE REGARDING DECISION TO ASSIGN SHARES OF THE COMPANY

EFORE PLC    Stock Exchange Release     April 17, 2012   at 9.00 a.m.

NOTICE REGARDING DECISION TO ASSIGN SHARES OF THE COMPANY

The Annual General Meeting of Efore Plc resolved on February 9, 2012 that
approximately 40% of the annual remuneration of the chairman and the other
members of the Board of Directors is payable by the assignment of own shares
held by the company. 

Based on the authorization to issue shares given by the Annual General Meeting,
the Board of Directors of Efore Plc has resolved to assign in aggregate 82 817
own shares held by the company as payment of the annual remuneration. The
number of shares has in accordance with the resolution of the Annual General
Meeting been determined based on the average of the closing prices of the Efore
Plc share March 12 - 22, 2012. The assignment of the shares will take place on
May 18, 2012. 

After this assignment the number of own shares held by the company will be
582.376. 

EFORE PLC

Board of Directors

For further information please contact Mr. Vesa Vähämöttönen, President and
CEO, tel. +358 9 4784 6312 

DISTRIBUTION

Nasdaq OMX Helsinki Oy
Principal media

Efore Group

Efore Group is an international company which develops and produces demanding
power products. Efore's head office is based in Finland and its production
units are located in China and in Estonia. Efore is present also in Sweden. In
the fiscal year ending in October 2011, consolidated net sales totaled EUR 88,1
million and the Group's personnel averaged 960. The company's share is quoted
on the Nasdaq OMX Helsinki Ltd. 

www.efore.com