Cramo Plc has received the following notification pursuant to Chapter 2, section 9 of the Securities Markets Act from Suomi Mutual Life Assurance Company, according to which the aggregate holdings of Suomi Mutual Life Assurance Company have decreased to less than three twentieth (3/20). 1. Name of the target company: Cramo Plc 2. Date of change in the holdings: 16 April 2007 3. Exact proportion of voting rights and share capital of the company: 4,590,440 shares and 14.98 per cent of the shares and voting rights in total. 4. Complete name and Business Identity Code of the informer: Suomi Mutual Life Assurance Company, Business Identity Code 0201320-0. CRAMO PLC Vesa Koivula President and CEO Further information Vesa Koivula, President and CEO Tel.: +358 10 66110, +358 40 510 5710 Distribution Helsinki Stock Exchange Major media www.cramo.com Cramo Plc is a service company specialising in construction machinery and equipment rental and rental-related services, as well as rental and sale of modular space. As one of the industry's leading service providers in the Nordic countries and Central and Eastern Europe, Cramo operates in ten countries with 250 outlets. With a group staff of approximately 1,800, Cramo's consolidated sales for 2006 totalled EUR 402 million. Cramo is listed on the Helsinki Stock Exchange. For further information, please visit www.cramo.com.