Espoo, Finland, 2012-01-13 08:40 CET (GLOBE NEWSWIRE) -- EFORE PLC    Stock Exchange Release  13 January 2012   at 9.40 am.

Basis for disposal: Based on the decision of the Board of Directors on 10 January 2012, Efore Plc has today transferred 273,842 shares to Efore Management Oy, a management holding company, as part of the management shareholding program.

Trading Code: EFO1V
Number of Shares: 273,842
Price per Share: EUR 0.82
Total Price: EUR 224,550.44

After the transfer, the company holds a total of 587,693 treasury shares.

EFORE PLC 

Vesa Vähämöttönen
President and CEO

For further information please contact Mr. Vesa Vähämöttönen, President and CEO, tel. +358 9 4784 6312

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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 units are located in China and Estonia. 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

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