Efore - Major shareholder announcements

NOTIFICATION ACCORDING TO CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT

Espoo, Finland, 2013-10-14 10:00 CEST (GLOBE NEWSWIRE) -- Efore Plc       Stock
Exchange Release   October 14, 2013  11.00 a.m. 

Efore Plc has on Friday 11 October 2013 received a notification of change in
holdings in accordance with Chapter 9, Section 5 of the Finnish Securities
Markets Act as follows: 

The share of Evli Pankki Oyj of the total number of shares and voting rights in
Efore Plc has gone below 10 per cent on 10 October 2013. 

Reason for the flagging notification: Efore Plc's share issue

The shareholding and voting rights of Evli Pankki Oyj following the share issue:
Number of shares: 4.932.177 shares
Share of total number of shares and voting rights: 8,84 %

The calculation basis for the flagging is the total number of Efore Plc shares
and voting rights following the share issue. The number of Efore Plc shares and
voting rights totals 55,772,891 following the share issue. 

Evli Pankki Oyj's business ID is 0533755-0.


EFORE PLC

Vesa Vähämöttönen
President and CEO

For further information, please contact Mr Vesa Vähämöttönen, CEO, tel. +358 9
4784 6312. 

DISTRIBUTION

NASDAQ OMX Helsinki Oy
Principal media

Efore Group

The Efore Group is an international company that develops and produces
demanding power products. Efore's head office is based in Finland, and its
production units are located in China and Tunisia. Sales and marketing
operations are located in Europe, the United States and China. In the fiscal
year ending in October 2012, consolidated net sales totalled EUR 78.1 million,
and the Group's personnel averaged 888. The company's shares are quoted on
Nasdaq OMX Helsinki Oy. www.efore.com