Cram Plc Company announcement 26 March 2008, at 4.00 pm Finnish time (GMT+2) CRAMO COMPLETES ACQUISITION IN THE CZECH REPUBLIC AS PER THE COMPANY ANNOUNCEMENT OF MARCH 7, 2008 Cramo has acquired 100% of the shares of the Czech Techniline spol.s.r.o. (Techniline) as per the letter of intent made on 7 March 2008. Established in 1990, Techniline is today the leading equipment rental services company in the Czech Republic with operations also in Slovakia. Headquartered in Prague, the company operates modern rental fleet through its depots in Prague, Pardubice and Ostrava, as well as in Bratislava and Kosice in Slovakia. Techniline's customers include a substantial portfolio of leading national and international construction companies and industrial organizations, which it serves with the latest updated rental fleet. The company employs over 70 rental professionals and its sales were over EUR 8 million in 2007. After the acquisition, Techniline's key management will continue to drive the development of the company, and the existing operation of Cramo s.r.o in the Czech Republic will be integrated in Techniline. CRAMO PLC Vesa Koivula President and CEO Further information Jarmo Laasanen, Senior Vice President, Cramo Plc, +358 50 500 0541 Zdenek Zilvar, President and CEO, Techniline, spol.s.r.o., +420 606 639 484 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 268 depots. With a group staff of 2,270, Cramo's consolidated sales for 2007 totalled EUR 496 million and its shares are listed on the OMX Nordic Exchange, Helsinki. For further information, see www.cramo.com.
CRAMO COMPLETES ACQUISITION IN THE CZECH REPUBLIC AS PER THE COMPANY ANNOUNCEMENT OF MARCH 7, 2008
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