Robit Oyj - Major shareholder announcements

ANNOUNCEMENT OF A CHANGE IN SHAREHOLDING ACCORDING TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKET ACT

ROBIT PLC STOCK EXCHANGE RELEASE 24 MAY 2017 AT 8.20 P.M.

ANNOUNCEMENT OF A CHANGE IN SHAREHOLDING ACCORDING TO CHAPTER 9, SECTION 10 OF
THE FINNISH SECURITIES MARKET ACT

Robit  Plc  has  on  24 May  2017 received  a notification from Harri Sjöholm in
accordance with the Finnish Securities Market Act Chapter 9, Section 5.

According  to the announcement, the total number  of Robit shares owned by Harri
Sjöholm  and the  company controlled  by him,  Five Alliance Oy, decreased below
twenty-five (25) per cent of the shares of Robit Plc on 24 May 2017.

Total position of Harri Sjöholm and the company controlled by him, Five Alliance
Oy, subject to the notification:

+------------------+------------+-----------------+------------+---------------+
|                  |            | % of shares and |            |Total number of|
|                  |% of shares |  voting rights  |  Total of  |  shares and   |
|                  | and votes  |through financial| both in %  | voting rights |
|                  |            |   instruments   |            |   of issuer   |
+------------------+------------+-----------------+------------+---------------+
|Resulting         |            |                 |            |               |
|situation on the  |            |                 |            |               |
|date              |  20,93 %   |        -        |  20,93 %   |  21 083 900   |
|on which threshold|            |                 |            |               |
|was crossed or    |            |                 |            |               |
|reached           |            |                 |            |               |
+------------------+------------+-----------------+------------+---------------+
|Position of       |            |                 |            |               |
|previous          |     -      |        -        |     -      |       -       |
|notification      |            |                 |            |               |
|(if applicable)   |            |                 |            |               |
+------------------+------------+-----------------+------------+---------------+

Notified  details of the resulting situation on  the date on which the threshold
was crossed and reached:

+------------------------------------------------------------------------------+
|A: Shares and voting rights                                                   |
+--------------------+-----------------------------+---------------------------+
|Class/type of shares| Number of shares and voting |  % of shares and voting   |
|     ISIN code      |           rights            |          rights           |
+--------------------+---------+-------------------+---------+-----------------+
|                    | Direct  |     Indirect      | Direct  |    Indirect     |
|                    |(SMA 9:5)| (SMA 9:6 and 9:7) |(SMA 9:5)|(SMA 9:6 and 9:7)|
+--------------------+---------+-------------------+---------+-----------------+
|FI4000150016        |  3 888  |     4 408 253     | 0,02 %  |     20,91 %     |
+--------------------+---------+-------------------+---------+-----------------+
|SUB-TOTAL A         |          4 412 141          |          20,93 %          |
+--------------------+-----------------------------+---------------------------+

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity:

+----------------+-----------------+----------------------+--------------------+
|                | % of shares and |% of shares and voting|  Total number of   |
|Name            |      votes      |    rights through    | shares and voting  |
|                |                 |financial instruments |  rights of issuer  |
+----------------+-----------------+----------------------+--------------------+
|Harri Sjöholm   |     0,02 %      |          -           |       3 888        |
+----------------+-----------------+----------------------+--------------------+
|Five Alliance Oy|     20,91 %     |          -           |     4 408 253      |
+----------------+-----------------+----------------------+--------------------+

Additional information included in the notification:

The  Company  has  on  24 May  2017 decided  to  issue  5,000,000 new shares. In
connection with the issue, the largest shareholder of the Company, Five Alliance
Oy  has sold 2,000,000 shares. The ownership  after the completion of share sale
is  calculated based on  the new total  number of shares  after the issue of new
shares.

ROBIT PLC
Harri Sjöholm, Chairman of the Board of Directors

Additional information:
Harri Sjöholm, Chairman of the Board of Directors
+358 400 622 092
harri.sjoholm@robit.fi

Robit  is  a  strongly  internationalized  growth  company selling and servicing
global   customers   in   drilling   consumables  for  applications  in  mining,
construction  and  contracting,  tunneling  and  well  drilling.  The  company's
offering  is divided into three product and  service range: Top Hammer and Down-
the-Hole  products  as  well  as  Digital  Services.  Robit has 21 own sales and
service   points  as  well  as  active  sales  networks  in  115 countries.  The
manufacturing units are located in Finland, South Korea, Australia, UK and USA.

Distribution:
Nasdaq Helsinki Ltd
Major Media
www.robitgroup.com


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