Ramirent - Company Announcement

NEW INCENTIVE PROGRAM FOR MANAGEMENT IN RAMIRENT APPROVED BY THE BOARD

RAMIRENT PLC	      COMPANY RELEASE 11.8.2010 AT 8:15 a.m.                       
NEW INCENTIVE PROGRAM FOR MANAGEMENT IN RAMIRENT APPROVED BY THE BOARD          


The Board of Directors of Ramirent Plc has approved a new share-based incentive 
program for managers in the Group. The aim of the new program is to combine the 
objectives of the shareholders and the management in order to increase the value
of the Company as well as to commit the managers to the Company, and to offer   
them competitive rewards based on the financial performance of the Company and  
the Company shares. The new program is a Performance Share Program targeted at  
approximately 50 managers for the earning period 2010—2012. The members of the  
Group Management Team are included in the target group of the new incentive     
program.                                                                        

The new Performance Share Program includes one earning period, calendar years   
2010—2012. The potential reward from the program for the earning period         
2010—2012 will be based on the Group's Total Shareholder Return (TSR), on the   
Group's average Return on Capital Employed (ROCE) and on the Group's cumulative 
Earnings per Share (EPS).                                                       

The potential reward from the earning period 2010—2012 will in 2013 be paid     
partly in Company shares and partly in cash. The cash payment is intended to    
cover the personal taxes and tax-related costs arising from the reward. No      
reward will be paid to a manager, if his or her employment or service with the  
Group ends before the reward payment.                                           

The maximum reward to be paid on the basis of the earning period 2010—2012 will 
correspond to the value of up to 390,000 Ramirent Plc shares (including also the
proportion to be paid in cash).                                                 
The participants must hold the shares received on the basis of the new incentive
program during their employment or service with the Group as long as the value  
of the shares held by the participant in total is below the person´s six months 
gross salary.                                                                   

Vantaa 11.8.2010                                                                

RAMIRENT PLC                                                                    

Magnus Rosén                                                                    
President and CEO                                                               

Further information: Magnus Rosén, President and CEO, Tel. +358 20 750 2845     


DISTRIBUTION:                                                                   
NASDAQ OMX Helsinki                                                             
The main media                                                                  
www.ramirent.com                                                                

Ramirent is a leading equipment rental group delivering Dynamic Rental          
Solutions™ that simplify business. We serve a broad range of customers,         
including construction and process industries, shipyards, the public sector and 
households. In 2009, Group sales totalled EUR 503 million. The Group has 3,000  
employees at some 350 locations in 13 countries in Northern, Central and Eastern
Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.