Ramirent - Company Announcement

RAMIRENT REDUCES ITS FULL YEAR ESTIMATES

RAMIRENT PLC	  STOCK EXCHANGE RELEASE 	31.7.2008 at 3:00 p.m.                   
RAMIRENT REDUCES ITS FULL YEAR ESTIMATES                                        

Ramirent estimated on 9 May 2008 that for the full-year 2008 the net sales and  
profit before taxes will grow compared to the last year, but it will be         
challenging to fulfil the financial target of 15 per cent growth in earnings per
share.                                                                          

Ramirent still estimates net sales growth to continue for the full year.        
However, due to the further softening of markets especially in the Baltics and  
increased financial costs, the company estimates the profit before taxes and    
earnings per share to be below 2007 level.                                      

Ramirent will publish its second quarter interim report on 15 August 2008.      

Vantaa, 31 July 2008                                                            

RAMIRENT PLC                                                                    

Kari Kallio                                                                     
President and CEO                                                               


FURTHER INFORMATION:                                                            
Kari Kallio, CEO, phone +358 20 750 2830, or email kari.kallio@ramirent.com     
Heli Iisakka, CFO, phone +358 20 750 3248, or email heli.iisakka@ramirent.com	  




DISTRIBUTION:                                                                   
OMX Nordic Exchange Helsinki                                                    
Main news media                                                                 
www.ramirent.com                                                                


Ramirent is the leading machinery rental company in the Nordic countries and in 
Central and Eastern Europe. The Group has some 360 permanent outlets in thirteen
countries and is registered in Helsinki. Ramirent employs over 3,900 people and 
in 2007 the consolidated net sales were EUR 634 million. Ramirent is listed on  
the OMX Nordic Exchange Helsinki. For further information, please visit         
www.ramirent.com.