EFORE PLC Stock Exchange Release 1 November, 2010 at 4.20 p.m After hearing the major shareholders, Efore's Board of Directors decided to appoint the Nomination Board on 1 November, 2010. All the members were elected from outside the Board of Directors. Juhani Pirttisalo was elected as the Chairman and Markku Kaloniemi, Jarmo Simola and Leena Tammivuori were elected as members of the Nomination Board. The term of the Nomination Board shall end at the closing of the next Annual General Meeting of the company. EFORE PLC Board of Directors For further information please contact Mr. Vesa Vähämöttönen, President and CEO, tel. +358 9 4784 6312. DISTRIBUTION Nasdaq OMX Helsinki Oy Principal media Efore Group is an international company providing services for ICT and industrial electronics. Its operations comprise energy saving custom-designed power supplies, 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 and Estonia. In the fiscal year ending in October 2009, consolidated net sales totaled EUR 64.1 million and the Group's personnel averaged 565. The company's share is quoted on the Nasdaq OMX Helsinki Ltd. www.efore.com