Cramo Oyj - Company Announcement

Constitutive meeting of the Board of Directors of Cramo Plc

Vantaa, Finland, 2012-03-23 13:50 CET (GLOBE NEWSWIRE) -- Cramo Plc    Stock
Exchange Release 23 March 2012, at 2.50 pm Finnish time (GMT+2) 

Constitutive meeting of the Board of Directors of Cramo Plc

Convening after the Annual General Meeting on 23 March 2012, 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 Europe's second largest rental services company specialising in
construction machinery and equipment rental and rental-related services, as
well as the rental and sale of modular space. Cramo operates in fifteen
countries with over 400 depots. With a group staff close to 2.700, Cramo's
consolidated sales in 2011 was EUR 680 million. Cramo shares are listed on the
NASDAQ OMX Helsinki Ltd. Further information: www.cramo.com