Efore - Company Announcement

Efore Plc lowers its operating result estimate for the fiscal year 2009

EFORE PLC    Stock Exchange Release   June 17, 2009   9.00 a.m.                 


Efore Plc estimates that the company's operating result for the current fiscal  
year will remain under the previous year's result due to the uncertainty in     
predictability for the next few months. According to the earlier guidance       
Efore's operating result for the current fiscal year was expected to show an    
improvement compared to the previous fiscal year.                               " Over 60 per cent of the company's net sales consist of the sales to           
telecommunication sector. It is difficult to estimate the market development of 
telecommunication and consequently no prediction about the operating result     
development for the whole fiscal year is possible to make. The company has won  
new customers in China and has expanded its product portfolio within the        
existing customers. The rapid changes occurred in the telecommunication sector  
will delay the balancing and positive impact of the company's actions on the    
business in short term.” concludes Reijo Mäihäniemi, President and CEO of the   
company.                                                                        

According to the earlier decisions the company will cut its fixed costs by      
approximately EUR 2.0 million on annual level starting from the beginning of the
next fiscal year. The company continues to improve its cost structure and       
increase its productivity in various locations in order to assure its           
profitability going forward. The company plans to put more emphasis on product  
development, especially to the growing markets in Asia.                         

Efore will publish its interim report for the 3rd quarter on August 27, 2009.   

EFORE PLC                                                                       

Board of Directors                                                              


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


DISTRIBUTION   Nasdaq OMX Helsinki Oy                                           
               Principal media                                                  

Efore Group               

Efore Group is an international company providing services for ICT, industrial  
automation and health care industries. Its operations comprise energy saving    
custom-designed power supplies, power systems, manufacturing of demanding       
electronics, and related service and maintenance.                               

Efore's head office is in Espoo, Finland. Besides Finland, the company's product
development and marketing units are located in China, the USA and Sweden. Its   
production units are located in China, Estonia and the USA. In the fiscal year  
ending in October 2008, consolidated net sales totaled EUR 78,3 million and the 
Group's personnel averaged 637. The company's share is quoted on the Nasdaq OMX 
Helsinki Ltd.                                                                   

www.efore.com