NOTIFICATION ACCORDING TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKETS ACT


Espoo, Finland, 2012-11-09 14:00 CET (GLOBE NEWSWIRE) -- Efore Plc  Stock exchange release       November 9, 2012 at 3.00 p.m. 

Efore Plc has today received a notification of change in holdings in accordance with chapter 2, section 9 of the Securities Markets Act that
Sievi Capital Oyj’s share of the total number of shares and voting rights in Efore Plc has exceeded 5 per cent on November 9, 2012.

Sievi Capital Oyj’s shareholding before the notification:
Number of shares: 1,602,054 shares
Share of the total number of shares and voting rights: 3.77%

Sievi Capital Oyj’s shareholding following the notification:

Number of shares: 2,152,054 shares
Share of the total number of shares and voting rights: 5.06%

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 42,529,648.

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. Besides Finland, the company’s product development and marketing units are located in China and Sweden. Efore’s production unit is located in China. In the fiscal year ending in October 2011, the Group’s net sales totaled EUR 88.1 million and its personnel averaged 960. The company's share is quoted on the Nasdaq OMX Helsinki Ltd.

www.efore.com

         Vesa Vähämöttönen, President and CEO, tel. +358 9 4784 6312