NOTIFICATION ACCORDING TO CHAPTER 9, SECTION 10 OF

Espoo, Finland, 2013-07-16 11:50 CEST (GLOBE NEWSWIRE) -- Efore Plc      Stock exchange release       July 16, 2013 at 12:50 p.m.  Efore Plc has today received a notification of change in holdings. Sievi Capital Oyj’s share of the total number of shares and voting rights in Efore Plc has went below 15% on July 12, 2013. Basis for the flagging: The decision of Efore Board on the directed share issue to sellers of Roal Electronics S.p.A on July 10, 2013 (5,243,243 new shares). Sievi Capital Oyj’s shareholding following the notification: Number of shares: 6,684,130 shares Share of the total number of shares and voting rights: 13.99% The calculation basis for the flagging is the total number of Efore Plc shares and voting rights registered with the Trade Register. The number of Efore Plc shares and voting rights registered with the Trade Register totals 47,772,891. Sievi Capital Oyj’s business ID is 0190457-0. EFORE PLC Vesa Vähämöttönen President and CEO For further information please contact Mr. Vesa Vähämöttönen, President and CEO, tel. +358 9 4784 6312 DISTRIBUTION NASDAQ OMX Helsinki Ltd Main media Efore Group Efore Group is an international company which develops and produces demanding power products. Efore's head office is based in Finland and its production unit is located in China. Efore is present also in Sweden. In the fiscal year ending in October 2012, consolidated net sales totaled EUR 78,1 million and the Group's personnel averaged 888. The company's share is quoted on the Nasdaq OMX Helsinki Ltd. www.efore.com