Efore - Major shareholder announcements

NOTIFICATION ACCORDING TO CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT

Espoo, Finland, 2013-07-16 11:50 CEST (GLOBE NEWSWIRE) -- Efore Plc      Stock
exchange release       July 16, 2013 at 12:50 p.m. 

Efore Plc has today received a notification of change in holdings. Sievi
Capital Oyj's share of the total number of shares and voting rights in Efore
Plc has went below 15% on July 12, 2013. 

Basis for the flagging: The decision of Efore Board on the directed share issue
to sellers of Roal Electronics S.p.A on July 10, 2013 (5,243,243 new shares). 

Sievi Capital Oyj's shareholding following the notification:
Number of shares: 6,684,130 shares
Share of the total number of shares and voting rights: 13.99%

The calculation basis for the flagging is the total number of Efore Plc shares
and voting rights registered with the Trade Register. The number of Efore Plc
shares and voting rights registered with the Trade Register totals 47,772,891. 

Sievi Capital Oyj's business ID is 0190457-0.

EFORE PLC

Vesa Vähämöttönen
President and CEO

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

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
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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 unit
is located in China. Efore is present also in Sweden. In the fiscal year ending
in October 2012, consolidated net sales totaled EUR 78,1 million and the
Group's personnel averaged 888. The company's share is quoted on the Nasdaq OMX
Helsinki Ltd. 
www.efore.com