Cramo Plc Company announcement 18 March 2009, at 11.00 am Finnish time (GMT+2) NOTIFICATION PURSUANT TO CHAPTER 2, SECTION 9 OF THE SECURITIES MARKETS ACT Cramo Plc has received the following notification pursuant to Chapter 2, section 9 of the Securities Markets Act from Highfields Capital Management LP, according to which the total holding of shares and voting rights in Cramo Plc of the below mentioned companies is now below one twentieth (1/20). 1. Name of the target company: Cramo Plc 2. Date of change in the holdings: 13 March 2009 3. Exact proportion of voting rights and share capital of the company: -------------------------------------------------------------------------------- | Shareholder | Number | Proportion | Proportion | | | of | of share | of voting | | | shares | capital % | rights % | -------------------------------------------------------------------------------- | Highfields Capital I LP | 114,656 | 0.37 | 0.37 | -------------------------------------------------------------------------------- | Highfields Capital II LP | 102,404 | 0.33 | 0.33 | -------------------------------------------------------------------------------- | Highfields Capital III L.P. | 936,976 | 3.06 | 3.06 | -------------------------------------------------------------------------------- | TOTAL | 1.154,036 | 3.76 | 3.76 | -------------------------------------------------------------------------------- 1.154,036 shares and votes and 3.76 percent of the shares and voting rights in total. 4. Shareholders' complete names: Highfields Capital Management LP Highfields Capital I LP Highfields Capital II LP Highfields Capital III L.P. CRAMO PLC Vesa Koivula President and CEO Further information Vesa Koivula, President and CEO, tel. +358 40 510 5710 Distribution NASDAQ OMX Helsinki Ltd. Major media www.cramo.com Cramo is a service company specialising in construction machinery and equipment rental and rental-related services, as well as the 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 approximately 300 depots. With a group staff of 2.600, Cramo's consolidated sales in 2008 totalled close to EUR 580 million and Cramo shares are listed on the NASDAQ OMX Helsinki Ltd. For further information, please visit www.cramo.com.