Cramo Oyj - Company Announcement

Cramo Plc applies for listing of stock options 2006C

Vantaa, Finland, 2011-09-23 14:30 CEST (GLOBE NEWSWIRE) -- Cramo Plc  Stock
Exchange Release 23.9.2011 at 3.30 pm 

Cramo Plc applies for listing of stock options 2006C

The Board of Directors of Cramo Plc has resolved to apply for listing of stock
option rights 2006C of Cramo Plc Stock Options 2006 program on NASDAQ OMX
Helsinki to commence on 3 October 2011. 

A total of 1,000,000 stock options 2006C were issued. There are currently 86
key employees holding a total of 878.500 stock options 2006C. A wholly-owned
subsidiary of Cramo Plc currently holds 121.500 stock options 2006C which will
not be used for share subscription. 

The share subscription period is 1 October 2011 - 31 January 2013. Each stock
option 2006C entitles its holder to subscribe for 1.3 shares of Cramo Plc. The
subscription price per share for 2006C options is EUR 6.47, after taking into
account the dividends for the years 2006-2010. Possible other dividends to be
decided before the share subscription shall be deducted from the
above-mentioned share subscription price in accordance with the option terms.
The total number of shares subscribed for by the option holder will be rounded
down to whole shares and the total subscription price will be paid for the
rounded number of shares. 

Evli Bank plc acts as a subscription place for share subscriptions with Cramo
Plc 2006 stock options. 

The terms and conditions of Cramo Plc Stock Options 2006 with additional
information are available on the company's website www.cramo.com. 

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 approximately 400 depots. With a group staff close to 2.400,
Cramo's consolidated sales in 2010 was EUR 500 million. Cramo shares are listed
on the NASDAQ OMX Helsinki Ltd. Further information: www.cramo.com