Cramo Plc Investor news 7 April 2008, at 1.45 pm Finnish time (GMT+2) CRAMO HAS SIGNED AN AGREEMENT CONCERNING THE PURCHASE OF THE SHARES OF POHJOLAN TELINE OY Cramo Finland Oy, the Finnish wholly owned subsidiary of Cramo Plc, and the owners of Pohjolan Teline Oy have signed an agreement concerning the transfer of all the shares of the company. Cramo Finland Oy purchases all the shares of Pohjolan Teline Oy from its two owners, who are private persons. Pohjolan Teline Oy continues in the group as an independent subsidiary, but its operations will be integrated with Cramo operations, under Cramo brand. Pohjolan Teline began its activities in the year 1989. The company is domiciled in one depot in Kemi, Finland. The company offers scaffolding services to industrial clients in Kemi-Tornio area. The turnover of the company in the year 2007 was approximately EUR 1.0 million. The company has 10 employees, who shall continue to work for the company. The sellers of the company shall continue working in the company. This acquisition strengthens Cramo's market position in northern Finland and is an important addition to Cramo's scaffolding services for industrial clients. The parties to the acquisition have decided not to publish the purchase price. CRAMO PLC Vesa Koivula President and CEO Further information Tatu Hauhio, Senior Vice President, Finland, tel. +358 40 570 1344 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 HAS SIGNED AN AGREEMENT CONCERNING THE PURCHASE OF THE SHARES OF POHJOLAN TELINE OY
| Source: Cramo Oyj