CRAMO PLC'C BOARD RENEWED CRAMO GROUP'S FINANCIAL TARGETS The Board of Directors of Cramo Plc revised Cramo Group's financial targets in its August meeting. The annual sales growth target was increased from “more than 10 per cent” annually to “more than 18 per cent”. The EBITA target was increased from “more than 15 per cent” to “more than 18 per cent” of sales. The return on equity (ROE) target was set to “more than 22 per cent”, up from the equivalent of more than 18 per cent as derived from the previous return on investment target of “more than 13 per cent”. The Board left the dividend policy unchanged. CRAMO PLC Vesa Koivula President and CEO Further information Vesa Koivula, President and CEO, tel.: +358 10 66110, +358 40 510 5710 Martti Ala-Härkönen, CFO, tel.: +358 10 66110, +358 40 737 6633 Distribution OMX Nordic Exchange Helsinki Oy 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 2,000, Cramo's consolidated sales for 2006 totalled EUR 402 million. Cramo is listed on the OMX Nordic Exchange Helsinki Oy. For further information, please visit www.cramo.com.