Cramo Oyj - Company Announcement

CRAMO GROUP HAS SIGNED AN AGREEMENT CONCERNING THE PURCHASE OF THE ASSETS OF A FINNISH COMPANY JM-ALLTRANS OY

Cramo Finland Oy, a fully owned subsidiary of Cramo Plc, and JM-Alltrans Oy have
signed an agreement concerning the transfer of the assets of the company. The   
assets purchased include the rental fleet and the related customer agreements.  

JM-Alltrans began its activities in the year 1993 and is mainly concentrating in
the rental of the compact construction machinery. The company is domiciled in   
one depot in Kirkkonummi, Finland. The company has three employees, who shall   
continue to work for Cramo Finland Oy.                                          

This asset transfer will enhance Cramo's market position in the compact         
construction machinery rental market and will strengthen its profitable growth. 

The parties to the acquisition have decided not to publish the purchase price.  


CRAMO PLC                                                                       

Vesa Koivula                                                                    
President and CEO                                                               


Further information                                                             
Tatu Hauhio, Senior Vice President, Finland, tel. +358 40 570 1344              


Distribution                                                                    
Helsinki Stock Exchange                                                         
Major media                                                                     
www.cramo.com                                                                   


Cramo Plc is a service company specialising in construction machinery and       
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 ten countries with  
250 outlets. With a group staff of approximately 1,800, Cramo's consolidated    
sales for 2006 totalled EUR 402 million. Cramo is listed on the Helsinki Stock  
Exchange. For further information, please visit www.cramo.com.