Cramo Plc    Investor news 15 May 2008, at 9.00 am Finnish time (GMT+2)         

Cramo acquires local rental company in Sweden                                   

Cramo Sverige AB, the Swedish wholly-owned subsidiary of Cramo Plc, has signed a
letter of intent to acquire GMM Hyrservice i Lund's operations. The final       
agreement is conditioned on some remaining details being solved, and is planned 
to be finalised on 1 June 2008.                                                 

GMM Hyrservice rents primarily building machinery, aerial equipment, and compact
machinery from its rental depot in Lund in Southern Sweden. Most customers are  
small and mid-sized construction companies. The annual turnover is approximately
EUR 1.5 million and the number of employees is six.                             

"The acquisition is a very good complement to our present operation in Lund",   
says Göran Larsson, Regional Manager for Cramo Sverige's southern region. The   
acquired operation will be integrated with Cramo's operations as soon as        
possible, under the name Cramo.                                                 

All employees in GMM Hyrservice have been offered a corresponding position in   
Cramo. The management will remain in the company for a minimum period of three  

CRAMO PLC                                                                       

Vesa Koivula                                                                    
President and CEO                                                               

Further information                                                             
Magnus Rosén, Managing Director, Cramo Sverige AB, and Senior Vice President,   
Scandinavia, tel. +46 8 623 5400                                                

OMX Nordic Exchange Helsinki                                                    
Major media                                                                                                                               

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 eleven countries with 272 depots. With a group
staff of 2,300, 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