Cramo Oyj - Company Announcement

Constitutive meeting of the Board of Directors of Cramo Plc

Vantaa, Finland, 2011-03-24 13:25 CET (GLOBE NEWSWIRE) -- Cramo Plc    Stock
Exchange Release 24 March 2011, at 2.25 pm Finnish time (GMT+2) 

Constitutive meeting of the Board of Directors of Cramo Plc

Convening after the Annual General Meeting on 24 March 2011 the Board of
Directors of Cramo Plc elected Mr Stig Gustavson as Chairman and Mr Eino
Halonen as Deputy Chairman. The Board decided that the company has an Audit
Committee and a Nomination and Compensation Committee. 

The Board appointed the following members to the Committees:

Audit Committee:
Mr Eino Halonen, Chairman
Mr J.T. Bergqvist
Mr Esko Mäkelä

Nomination and Compensation Committee:
Mr Stig Gustavson, Chairman
Mrs Helene Biström
Mr Victor Hartwall
Mr Jari Lainio


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 fifteen countries
with approximately 400 depots. With a group staff close to 2,400, Cramo's
consolidated sales for 2010 was EUR 500 million and Cramo shares are listed on
the NASDAQ OMX Helsinki Ltd. For further information, please visit 
www.cramo.com.