ROBIT PLC: CORRECTION TO KAUPPALEHTI ARTICLE RO

ROBIT PLC COMPANY RELEASE 23 FEBRUARY 2017 AT 3.30 P.M.

ROBIT PLC: CORRECTION TO KAUPPALEHTI ARTICLE

Referring to Kauppalehti 23 February 2017 article "Robit on kiveä kovempi" (p. 9-10), Robit Plc corrects the net sales of 2016 informed in the article.

According to the article, Robit Plc's net sales 2016 were EUR 75 million. The company published in its company release on 5 July 2016 at 3.30 p.m. an estimation of over EUR 75 million annualized net sales after acquiring Drilling Tools Australia Pty Ltd and Bulroc (UK) Ltd in 2016.

Robit Plc has not yet published its 2016 key results. The official financial statements release will be published on Tuesday 28 February 2017 at 11.00 a.m.

ROBIT PLC

Harri Sjöholm, Chairman

Further information:

Robit Plc

Harri Sjöholm, Chairman +358 400 622 092 harri.sjoholm@robit.fi

Certified Advisor Skandinaviska Enskilda Banken AB (publ) Helsinki Branch Tel. +358 9 6162 8101

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 20 own sales and stock points as well as active sales networks in 115 countries. The manufacturing units are located in Finland, South Korea, Australia, UK and USA. Robit is listed in Nasdaq Helsinki Ltd's First North Finland marketplace with trading code ROBIT. For more information, see www.robit.fi .

Distribution:

Nasdaq Helsinki Ltd Key media www.robit.fi