RAMIRENT PLC STOCK EXCHANGE RELEASE 18.2.2008 NOTICE TO THE ANNUAL GENERAL MEETING The shareholders of Ramirent Plc are invited to attend the Annual General Meeting to be held on Wednesday 9 April 2008 at 4.30 p.m. at Pörssisali, at the address Fabianinkatu 14, 00100 Helsinki, Finland. AGENDA OF THE ANNUAL GENERAL MEETING Matters belonging to the Annual General Meeting pursuant to the Finnish Limited Liability Companies Act and Article 11 of the Articles of Association. Authorisation of the Board of Directors to decide on acquiring the Company's own shares The Board of Directors proposes that the Annual General Meeting would resolve on authorising the Board of Directors to decide on acquiring a maximum of 5,434,921 Company's own shares. Own shares may be acquired in deviation from the proportion to the holdings of the shareholders with unrestricted equity through public trading of the securities on OMX Nordic Exchange Helsinki at the market price of the time of the acquisition. Shares may be acquired to be used as consideration in eventual acquisitions or in other arrangements that are part of the Company's business, to finance investments, to be used as a part of the Company's personnel incentive scheme or to be retained, otherwise conveyed or cancelled by the Company. The authorisation entitles the Board of Directors to decide on other terms of the acquisition of the shares. The share acquisition authorisation will be valid for one year from the decision of the Annual General Meeting of Shareholders. Authorisation of the Board of Directors to decide on a share issue The Board of Directors proposes to the Annual General Meeting to resolve on authorising the Board of Directors to decide to issue a maximum of 5,434,921 new shares and to convey a maximum of 5,434,921 treasury shares against payment. New shares may be issued and the treasury shares may be conveyed to the Company's shareholders in proportion to their current shareholdings in the Company or waiving the shareholder's pre-emption right, through a directed share issue or conveyance if the Company has a weighty financial reason to do so, such as using the shares as consideration in possible mergers and acquisitions and other business arrangements, to finance investments or as a part of the Company's incentive program for personnel. The Board of Directors has the right to decide that the subscription price for issued new shares or conveyed treasury shares shall be either entirely or partially entered into the free equity fund. The authorisation entitles the Board of Directors to decide on other terms of the share issue. The share issue authorisation is valid for one year from the decision of the Annual General Meeting of Shareholders. Proposal on reduction of the share premium fund The Board of Directors proposes to the Annual General Meeting of Shareholders to resolve to reduce the share premium fund as shown in the balance sheet as per 31 December 2007 by the amount of 126,643,828.85 euros. The amount of EUR 13,314,918.13 shall be transferred to the share capital and the amount of EUR 113,328,910.72 shall be transferred to the free equity fund. After the reduction the amount of the share premium fund shall be zero. A public notice to creditors shall take place in accordance with the Limited Liabilities Companies Act prior to the registration of the reduction of the share premium fund. The Board of Directors considers the reduction of the share premium fund belonging fully to the Company's restricted shareholder's equity and transferring the amount of EUR 113,328,910.72 to the free equity fund enhances the use of equity of the Company. DISTRIBUTION OF DIVIDEND The Board of Directors has decided to propose to the Annual General Meeting that a dividend of EUR 0.50 per share be paid for 2007. The dividend will be paid to shareholders registered in the register of shareholders maintained by the Finnish Central Securities Depository Ltd on the record date for dividend payment 14 April 2008. The Board of Directors proposes to the Annual General Meeting that the dividend be paid on 28 April 2008. COMPOSITION OF THE BOARD OF DIRECTORS, REMUNERATIONS AND THE AUDITOR Company's shareholders, who together represent more than 30% per cent of the voting rights carried by the Company's shares have notified the Company that they will propose to the Annual General Meeting that the number of members of the Board of Directors be confirmed to be seven (7) members and that the current board members Kaj-Gustaf Bergh, Torgny Eriksson, Peter Hofvenstam, Ulf Lundahl, Freek Nijdam, Erkki Norvio and Susanna Renlund should be re-elected for the term that will continue until the end of the next Annual General Meeting of Shareholders. The presentation of persons proposed for Ramirent Plc's Board of Directors can be found at the Company's website www.ramirent.com/ About the company. The above-mentioned shareholders propose to the Annual General Meeting that the remuneration of the Board members would be as follows: for the Chairman EUR 3.000 per month and additionally EUR 1.500 for attendance at Board and Working committee meetings and other similar Board assignments; for the vice-chairman EUR 2.500 per month and additionally EUR 1.300 for attendance at Board and Working committee meetings and other similar Board assignments; and for the members of the Board EUR 1.700 per month and additionally EUR 1.000 for attendance at Board and Working committee meetings and other similar Board assignments. Travel expenses due to the Board work shall be compensated in accordance with the Company's established practice and travel rules. The Board of Directors proposes to the Annual General Meeting that the current auditor KPMG Oy Ab be re-elected for the new term that will continue until the end of the next Annual General Meeting of Shareholders. RIGHT TO PARTICIPATE TO THE ANNUAL GENERAL MEETING The right to attend the Annual General Meeting is vested in a shareholder who is registered on Friday, 28 March 2008 in the Company's shareholder register maintained by the Finnish Central Securities Depository Ltd. Shareholders whose shares are registered in the owner register maintained by Swedish VPC must contact VPC and request temporary registration of their ownership in the Company's shareholder register maintained by the Finnish Central Securities Depository Ltd. in order to have the right to participate in the Annual General Meeting. Such request shall be submitted to VPC in writing by using a specific form no later than 26 March 2008 at 4 p.m. Swedish time. The forms are available from Ramirent Plc on request (please contact Ms. Eija Salminen as described below) and on the Internet at Ramirent Plc's website, www.ramirent.com. In addition to making the aforementioned request to VPC, shareholders must also give notice of attendance at the Annual General Meeting in the manner set out below. Shareholders who hold their shares under the name of a nominee can prior to the Annual General Meeting be temporarily registered in the register of shareholders of the Company to allow attendance at the Annual General Meeting. Registration must have been effected on 28 March 2008. DOCUMENTS AVAILABLE Copies of the financial statements and the proposals of the Board of Directors to the Annual General Meeting will be available for inspection by shareholders as of 2 April 2008 at the Ramirent head office at Äyritie 12a, 01510 Vantaa, and at Ramirent's web site www.ramirent.com. Copies of the documents will be mailed to shareholders upon request. The Annual Report will also be available at Ramirent's web site. NOTIFICATION OF PARTICIPATION Shareholders who participate in the meeting shall notify the Company's head office of their intention to participate no later than at 4.00 p.m. on 2 April 2008, either by telephone to +358 (0)20 750 2866 (Eija Salminen), or by mail to Ramirent Plc/Eija Salminen, Äyritie 12a, 01510 Vantaa or by email to agm@ramirent.com or by fax to +358 (0)20 750 2850. Written notices of participation must be received by the deadline for notification. Eventual Powers-of-Attorneys are requested to be sent together with notification of participation. In Vantaa, on 18 February 2008 Ramirent Plc The Board of Directors Further information: Paula Koppatz, General Counsel, tel. +358 40 543 4730 Distribution: OMX Nordic Exchange Helsinki Oy Main news media www.ramirent.com Ramirent is the leading machinery rental company in the Nordic countries, and in Central and Eastern Europe. The Group is headquartered in Vantaa and has 340 permanent outlets in thirteen countries. Ramirent employs over 3,600 people and in 2007 the consolidated net sales were EUR 634 million. Ramirent is listed on the OMX Nordic Exchange Helsinki Oy. For further information, please visit www.ramirent.com.