Efore - Major shareholder announcements

NOTIFICATION ACCORDING TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKETS ACT

Espoo, Finland, 2012-11-09 14:00 CET (GLOBE NEWSWIRE) -- Efore Plc  Stock
exchange release       November 9, 2012 at 3.00 p.m. 

Efore Plc has today received a notification of change in holdings in accordance
with chapter 2, section 9 of the Securities Markets Act that Sievi Capital
Oyj's share of the total number of shares and voting rights in Efore Plc has
exceeded 5 per cent on November 9, 2012. 

Sievi Capital Oyj's shareholding before the notification:
Number of shares: 1,602,054 shares
Share of the total number of shares and voting rights: 3.77%

Sievi Capital Oyj's shareholding following the notification:
Number of shares: 2,152,054 shares
Share of the total number of shares and voting rights: 5.06%

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 42,529,648. 

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
Main media

Efore Group

Efore Group is an international company which develops and produces demanding
power products. Besides Finland, the company's product development and
marketing units are located in China and Sweden. Efore's production unit is
located in China. In the fiscal year ending in October 2011, the Group's net
sales totaled EUR 88.1 million and its personnel averaged 960. The company's
share is quoted on the Nasdaq OMX Helsinki Ltd. 
www.efore.com


         Vesa Vähämöttönen, President and CEO, tel. +358 9 4784 6312