Etrion to Release Third Quarter Results on November 8,

October 31, 2012, Geneva, Switzerland – Etrion Corporation (“Etrion” or the
“Company”) (TSX: ETX) (OMX: ETX), an independent power producer, will release
its results for the three and nine months ended September 30, 2012, on Thursday,
November 8, 2012.
Earnings Call

A conference call/webcast to present the Company’s third quarter results will be
held on Thursday, November 8, 2012 at 9:00 a.m. Eastern Standard Time (EST) /
3:00 p.m. Central European Time (CET).

Dial-in details:

North America: +1-416-340-8061

North America Toll Free: +1-866-225-2055

Europe Toll Free: 00-800-6578-9898

Webcast:

A webcast will be available at
http://www.investorcalendar.com/IC/CEPage.asp?ID=170081

In addition, the presentation, along with the Company’s condensed consolidated
interim financial statements and related management’s discussion and analysis
for the three and nine months ended September 30, 2012, will be available on the
Company’s website (www.etrion.com).

A replay of the telephone conference will be available until December 9, 2012.

Dial-in details:

North America: +1-905-694-9451

North America Toll Free: +1-800-408-3053

Europe Toll Free: 00-800-3366-3052

Pass code for replay: 6439478

About Etrion

Etrion Corporation is an independent power producer that owns and operates
renewable assets.   Etrion currently owns approximately 60 megawatt (“MW”) of
operational, ground-based solar photovoltaic power plants in Italy.  The Company
is listed on the Toronto Stock Exchange in Canada and the NASDAQ OMX Stockholm
exchange in Sweden (ticker symbol “ETX”).  Etrion’s largest shareholder is the
Lundin family, which owns approximately 22% of the Company’s shares through
various trusts.

For additional information, please visit the Company’s website at www.etrion.com
or contact:

Cheryl Eversden – Chief Financial Officer

Telephone: +41 22 715 20 90

Note: The capacity of power plants in this release is described in approximate
MW on a direct current (“DC”) basis, also referred to as megawatt-peak (“MWp”).
Etrion to Release Third Quarter Results on November 8, 2012

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