EFORE PLC Stock Exchange Release January 9, 2008 at 2.15 p.m. NOTICE OF EFORE PLC ANNUAL GENERAL MEETING The shareholders of Efore Plc are invited to attend the Annual General Meeting to be held on Thursday, December 31, 2008 at 6 p.m. at Crowne Plaza Helsinki at the address Mannerheimintie 50, 00260 Helsinki. Registration of shareholders who have given a prior notice to attend commences at 5 p.m. The following matters will be transacted at the Annual General Meeting: 1. The business to be transacted at the Annual General Meeting under Article 13 of the Articles of Association 2. Proposal by the Board of Directors to authorize the Board of Directors to resolve on the issuance of shares, option rights and other special rights entitling to the shares The Board of Directors proposes that the Annual General Meeting would authorise the Board of Directors to resolve on the issuance, in one or several instalments, of shares, option rights and special rights pursuant to chapter 10, section 1 of the Finnish Companies Act. The Board of Directors may, on the basis of the authorisation, resolve on the issuance of new shares, to convey own shares in the company's possession and to grant option rights and special rights pursuant to chapter 10, section 1 of the Finnish Companies Act, in one or several instalments, so that the aggregate maximum number of shares granted on the basis of the authorisation, including option rights or shares entitled on the basis of special rights, will be 13,000,000 shares. The authorisation includes the right for direct issue of shares, option rights or special rights, in deviation from the shareholders' pre-emptive subscription right on the terms and conditions prescribed by law. The authorisation is proposed to be valid until the next Annual General Meeting. 3. Proposal by the Board of Directors to authorize the Board of Directors to resolve on the acquisition of the Company's own shares The Board of Directors proposes that the Annual General Meeting would authorise the Board of Directors to resolve on the acquisition of the company's own shares, in one or several instalments. A maximum of 4,000,000 own shares, or a lower amount that in addition to the shares already owned by the company is less than 10 per cent of all shares, may be acquired on the basis of the authorisation. The authorisation includes the right to acquire own shares otherwise than in proportion to the holdings of the shareholders. The authorisation is proposed to be valid until the next Annual General Meeting. 4. Proposal by the Board of Directors to authorize the Board of Directors to resolve The Board of Directors proposes to that the Annual General Meeting would authorise the Board of Directors to resolve on the distribution of dividend pursuant to chapter 13, section 6 of the Finnish Companies Act. On the basis of the authorisation, the Board of Directors may decide on the distribution of dividend so that the amount of dividend on the basis of the authorisation in total does not exceed EUR 0.05 per share, or in total EUR 2,026,482.40. Dividend may be distributed one or several times. The authorisation is proposed to be valid until the beginning of the next Annual General Meeting. Right to attend In order to take part in the Annual General Meeting, shareholders must be registered in the shareholders' register maintained by the Finnish Central Securities Depository Ltd. not later than January 21, 2008. In order to enable participation at the Annual General Meeting, nominee registered shareholders shall contact the relevant account holder so that a provisional registration per January 21, 2008 can be made in the shareholders' register. Registration Notification of intended participation at the Annual General Meeting must be given to the company not later than January 24, 2008 at 4 p.m. Notice may be given by letter to Efore Plc, Anu Virokannas, Linnoitustie 4 A, 02600 Espoo, by e-mail anu.virokannas@efore.fi, by phone +358 9 478 46341, or by telefax +358 9 478 46500. When registering by letter, the letter must arrive to the abovementioned address before the notification period expires. Any proxies are requested to be delivered with the notices before the notification period expires. The proxy form is available from the company's website www.efore.com. Financial statements and Board of Directors' proposals to the Annual General Meeting The accounts for the financial year and the proposals of the Board of Directors to the Annual General Meeting will be on display from [January 24, 2007] at the headquarters of the company and the company's website. Copies of the documents will be sent upon request. Dividend The Board of Directors proposes to the Annual General Meeting that for the financial period ended on October 31, 2007 the shareholders of the company will be paid dividend of EUR 0.05 per share, or in total EUR 2,026,482.40. Provided that the Annual General Meeting approves the proposal by the Board of Directors on dividend for the financial period November 1, 2006 - October 31, 2007, the dividend shall be paid to the shareholders registered in the shareholders' register maintained by the Finnish Central Securities Depository Ltd on the record date, February 5, 2008. The dividend shall be paid on the fifth banking day following the record date. Proposal for the composition of the Board of Directors The Board of Directors proposes in accordance with the proposal of the Nomination Committee to the Annual General Meeting the following six members to be elected to the Board of Directors: Mr. Isto Hantila, Mr. Jukka Harju, Mr. Marki Luoma, Mr. Esa Korvenmaa, Mr. Timo Syrjälä and Mr. Matti Tammivuori, all according to their consent. Proposal for the Company's auditor The Board of Directors proposes that KPMG Oy, Authorized Public Accountants be elected as the Company's auditor, with Authorised Public Accountant Mr Lasse Holopainen as auditor in charge. EFORE PLC Board of Directors For further information please contact Mr. Reijo Mäihäniemi, President and CEO, tel. +358 9 4784 6312 DISTRIBUTION Helsinki Stock Exchange Principal media The Efore Electronics Group is an international company providing services for the telecommunications, industrial automation and health care industries. Its operations comprise custom-designed power supply solutions, 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 2007, consolidated net sales totaled EUR 80,2 million and the Group's personnel averaged 766. The shares of the parent company Efore Plc are listed at the Helsinki Stock Exchange. www.efore.com