CRAMO AND SKANSKA SIGNS FRAME CONTRACT FOR AERIALS Cramo Sverige AB, the Swedish wholly-owned subsidiary of Cramo Plc, has signed an agreement with Skanska Sverige AB whereby Cramo is appointed as the main supplier of all types of areal equipment to Skanska Sverige AB. The agreement primarily concerns operations in Sweden, but is open also for other Skanska companies in the Nordic countries. The initial annual volume is estimated to amount to EUR 6.5 million. "Cramo won the contract in a bid offer in competition with all access rental companies in Sweden" says Erik Bengtsson, regional manger in Cramo Sverige AB, in a comment. "The major reason is most certainly our ability to deliver a complete range of various lifts, in combination with the fact that we have depots at over 100 locations throughout Sweden. But Cramo's well established long-term relations with Skanska in other fields also played a role". By renting all equipment under one and the same contract Skanska expects to get a more efficient administration and a better control of both price levels and utilization. "On top of the economical considerations we have paid much attention to the suppliers' focus of safety questions, and their work with environmental and quality issues" says Mikael Nilsson, responsible for this category of equipment at Skanska Sverige AB. "Our analysis is that Cramo possess the resources and the product range that is needed to meet our requirements and needs". The initial contract period is until the end of 2009. CRAMO PLC Vesa Koivula President and CEO Further information Erik Bengtsson, manager Region Öst, Cramo Sverige AB, +46 8 623 5400, or Mikael Nilsson, Skanska Sverige AB, +46 8 504 350 00 Distribution OMX Nordic Exchange Helsinki Major media www.cramo.com Cramo is a rental services company specialising in 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 260 depots. With a group staff of approximately 2,000, Cramo's consolidated sales for 2006 totalled EUR 402 million. The parent company Cramo Plc is listed on the OMX Nordic Exchange Helsinki. www.cramo.com