Efore - Changes in company's own shares

NOTICE REGARDING DECISION TO ASSIGN SHARES OF THE COMPANY

Espoo, Finland, 2011-03-25 08:00 CET (GLOBE NEWSWIRE) -- 

EFORE PLC    Stock Exchange Release     March 25, 2011   at 9.00 a.m.

The Annual General Meeting of Efore Plc resolved on February 10, 2011 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 60 614
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 3 - 16, 2011. The assignment of the shares will take place on
May 20, 2011. 

After this assignment the number of own shares held by the company will be 861
535. 

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 supply products. 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 and Estonia. In the fiscal year ending in October 2010,
consolidated net sales totaled EUR 69,7 million and the Group's personnel
averaged 534. 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