2009-03-27 14:30:00 CET

2009-03-27 14:30:03 CET


REGULATED INFORMATION

Finnish English
Efore - Company Announcement

STATUTORY JOINT NEGOTIATIONS IN FINLAND CONCLUDED AT EFORE


EFORE PLC    Stock Exchange Release     March 27, 2009   at 3.30 p.m.           

Efore's statutory joint negotiations with employees started in February have    
been concluded today. The negotiations concerned all the operations in Finland. 

As a result of the negotiations, a total of 23 employments will be terminated in
Saarijärvi and in Espoo and two temporary employment contracts will not be      
continued.  Saarijärvi unit will be closed down by September 27, 2009 and       
Saarijärvi operations will be transferred to the company's other units.         

The purpose of these negotiations is to streamline the company's operations and 
costs to meet the structural change of the market.                              

EFORE PLC                                                                       
Reijo Mäihäniemi                                                                

President and CEO                                                               

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 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