Robit Oyj - Major shareholder announcements

ANNOUNCEMENT OF A CHANGE IN SHAREHOLDING ACCORDING TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKET ACT

ROBIT PLC STOCK EXCHANGE RELEASE 17 OCTOBER 2017 AT 9.00 A.M.

ANNOUNCEMENT OF A CHANGE IN SHAREHOLDING ACCORDING TO CHAPTER 9, SECTION 10 OF
THE FINNISH SECURITIES MARKET ACT

Robit Plc has on 13 October 2017 received a notification pursuant to the Finnish
Securities  Market Act Chapter 9, Section 5 of the Finnish Securities Market Act
from  OP Fund Management Company Ltd, according to which the ownership of shares
and  votes  in  Robit  Plc  of  OP-Suomi  investment  fund,  managed  by OP Fund
Management  Company Ltd, has exceeded the  threshold of 5% following a merger of
investment  funds on 21 September 2017. OP-Focus special investment fund and OP-
Delta  investment fund  were merged  into OP-Suomi  Arvo investment  fund on 21
September  2017 and, concurrently, the name of OP-Suomi Arvo investment fund was
changed  into OP-Suomi investment fund. No changes in the aggregate positions of
the  funds managed  by OP  Fund Management  Company Ltd  have given  rise to the
notification  obligation.  OP  Fund  Management  Company  Ltd holds 9.58% of all
shares  and votes in Robit Plc and following the merger OP-Suomi investment fund
holds 6.56%.

Total  positions of OP Fund Management Company  Ltd and its funds subject to the
notification:

+------------------+------------+-----------------+-----------+----------------+
|                  |            | % of shares and |           |Total number of |
|                  |% of shares |  voting rights  | Total of  |   shares and   |
|                  | and votes  |through financial| both in % |voting rights of|
|                  |            |   instruments   |           |     issuer     |
+------------------+------------+-----------------+-----------+----------------+
|Resulting         |            |                 |           |                |
|situation on the  |            |                 |           |                |
|date on which     |   9,58 %   |        -        |  9,58 %   |   21 083 900   |
|threshold was     |            |                 |           |                |
|crossed or reached|            |                 |           |                |
+------------------+------------+-----------------+-----------+----------------+
|Position of       |            |                 |           |                |
|previous          |     -      |        -        |     -     |       -        |
|notification      |            |                 |           |                |
|(if applicable)   |            |                 |           |                |
+------------------+------------+-----------------+-----------+----------------+

Notified  details of the resulting situation on  the date on which the threshold
was crossed and reached:

+------------------------------------------------------------------------------+
|                         A: Shares and voting rights                          |
+--------------------+-----------------------------+---------------------------+
|Class/type of shares| Number of shares and voting |  % of shares and voting   |
|     ISIN code      |           rights            |          rights           |
+--------------------+---------+-------------------+---------+-----------------+
|                    | Direct  |     Indirect      | Direct  |    Indirect     |
|                    |(SMA 9:5)| (SMA 9:6 and 9:7) |(SMA 9:5)|(SMA 9:6 and 9:7)|
+--------------------+---------+-------------------+---------+-----------------+
|FI4000150016        |    -    |     2 020 700     |    -    |     9,58 %      |
+--------------------+---------+-------------------+---------+-----------------+
|SUB-TOTAL A         |          2 020 700          |          9,58 %           |
+--------------------+-----------------------------+---------------------------+

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity:

+----------------------+----------------+---------------------+----------------+
|                      |                |   % of shares and   |Total number of |
|         Name         |% of shares and |voting rights through|   shares and   |
|                      |     votes      |financial instruments|voting rights of|
|                      |                |                     |     issuer     |
+----------------------+----------------+---------------------+----------------+
|OP Fund Management    |     0,00 %     |          -          |     0,00 %     |
|Company Ltd           |                |                     |                |
+----------------------+----------------+---------------------+----------------+
|OP-Pohjoismaat Plus   |                |                     |                |
|special investment    |     0,95 %     |          -          |     0,95 %     |
|fund                  |                |                     |                |
+----------------------+----------------+---------------------+----------------+
|OP-Suomi investment   |     6,56 %     |          -          |     6,56 %     |
|fund                  |                |                     |                |
+----------------------+----------------+---------------------+----------------+
|OP-Suomi Pienyhtiöt   |     2,08 %     |          -          |     2,08 %     |
|investment fund       |                |                     |                |
+----------------------+----------------+---------------------+----------------+

Additional information included in the notification:

Robit  Plc has been informed by OP Fund Management Company Ltd that from 13 June
2011, OP  Fund  Management  Company  Ltd's  parent  company, OP Cooperative, has
applied  in respect of OP Fund Management Company Ltd the exception provided for
in  section 2, subsection 4 of the Regulation of the Finnish Ministry of Finance
(152/2007).  From  13 June  2011, OP  Cooperative  does  not  aggregate  its own
holdings,  the holdings of its subsidiaries  and the holdings of entities within
control  with the shares  held by any  investment funds or collective investment
undertakings  managed  by  OP  Fund  Management  Company Ltd. OP Fund Management
Company  Ltd uses the voting  rights of the shares  held by the investment funds
and collective investment undertakings independently of the parent company.

ROBIT PLC

Mika Virtanen, Group CEO

Further information:

Robit Plc

Mika Virtanen, Group CEO
+358 40 832 7583
mika.virtanen@robitgroup.com

Robit  is  a  strongly  internationalized  growth  company selling and servicing
global   customers   in   drilling   consumables  for  applications  in  mining,
construction  and  contracting,  tunneling  and  well  drilling.  The  company's
offering  is divided into three product and  service range: Top Hammer and Down-
the-Hole  products  as  well  as  Digital  Services.  Robit has 21 own sales and
service   points  as  well  as  active  sales  networks  in  115 countries.  The
manufacturing units are located in Finland, South Korea, Australia, UK and USA.

Distribution:
Nasdaq Helsinki Ltd
Key media
www.robitgroup.com


[]