Ramirent - Decisions of general meeting

RESOLUTIONS PASSED AT RAMIRENT PLC'S ANNUAL GENERAL MEETING 2011

RAMIRENT PLC           STOCK EXCHANGE RELEASE                             7
April 2011 



Ramirent Plc's Annual General Meeting, which was held today on 7 April 2011,
adopted the 2010 financial statements and discharged the members of the Board
of Directors and the President and CEO from liability. The Annual General 

Meeting decided on the payment of dividends, the composition of the Board of
Directors and their fees, the election of the auditor and his fee, and the
authorisation of the Board of Directors to repurchase company's own shares. 



Dividend payout

The Annual General Meeting adopted the Board's proposal that a dividend of EUR
0.25 per share be paid based on the adopted balance sheet for the financial
year ended on 31 December 2010. The dividend will be paid to shareholders
registered in the shareholders' register of the Company maintained by Euroclear
Finland Ltd on the record date for dividend payment 12 April 2011. It was
decided that the dividend be paid on 26 April 2011. 



Composition of the Board of Directors and their remuneration

The Annual General Meeting resolved that the number of members of the Board of
Directors be confirmed to be six (6) and re-elected the current Board members
Kaj-Gustaf Bergh, Peter Hofvenstam, Erkki Norvio, Susanna Renlund and Johan Ek
and elected Gry Hege Sølsnes as new Board member for the term that will
continue until the end of the next Annual General Meeting. 

The Annual General Meeting adopted the proposal that the remunerations of the
members of the Board of Directors would remain unchanged as follows: for the
Chairman EUR 3,000 per month and additionally EUR 1,500 for attendance at board
and committee meetings and other similar board assignments; for the
Vice-Chairman EUR 2,500 per month and additionally EUR 1,300 for attendance at
board and committee meetings and other similar board assignments; and for the
members of the Board of Directors EUR 1,700 per month and additionally EUR
1,000 for attendance at board and committee meetings and other similar board
assignments. Travel expenses and other out-of-pocket expenses due to the board
work shall be compensated in accordance with the Company's established practice
and travel rules. 



Election of the auditor and his fee

The Annual General Meeting adopted the proposal that the number of auditors
shall be one (1) and elected PricewaterhouseCoopers Oy (“PwC”) as the company's
auditor with APA Ylva Eriksson as principally responsible auditor for the term
that will continue until the end of the next Annual General Meeting. The
auditor's compensation will be paid against an invoice as approved by the
Company. 



Repurchase of Company's own shares

The Annual General Meeting authorised the Board of Directors to decide on the
repurchase of a maximum of 10,869,732 Company's own shares as proposed by the
Board of Directors. The authorisation shall also contain an entitlement for the
Company to accept its own shares as pledge. The share repurchase authorisation
is valid until the next Annual General Meeting. 

The minutes of the Annual General Meeting will be available on the Internet at
the company website www.ramirent.com by April 21, 2011. 



Helsinki, 7 April 2011



RAMIRENT PLC
THE BOARD OF DIRECTORS



FURTHER INFORMATION:
Paula Koppatz, General Counsel, tel. +358 (0)20 750 2834



DISTRIBUTION:
NASDAQ OMX Helsinki
Main news 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 2010, Group sales totalled EUR 531 million. The Group has 3,000
employees, at 378 locations in 13 countries in Northern, Central and Eastern
Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.