Cramo Oyj - Company Announcement

CRAMO DIVESTS ITS DUTCH RENTAL OPERATIONS

Cramo AB, a wholly-owned subsidiary of Cramo Plc (Cramo), has signed a binding  
letter of intent with Jaston Groep B.V. (Jaston), whereby Jaston will become the
new owner of Cramo Nederland B.V. (CNL), a wholly owned subsidiary of Cramo AB. 
Jaston is a rental and scaffolding company active in the Netherlands. The       
transaction is expected to become effective on 11 April 2007, and Cramo         
estimates that the sale of CNL will result in a capital gain of some four (4)   
million euros. The final figure will be based on accounts to be prepared in     
conjunction with closing of the transaction. The parties have agreed that the   
purchase price shall not be disclosed.                                          

CNL is a general equipment rental company active in the Dutch rental market with
sales amounting to approximately EUR 12.7 million in 2006, and a staff of 90.   

The divestment of CNL is in line with Cramo's strategy to focus its resources on
both its core Nordic markets, and its emerging core Central and Eastern European
markets.                                                                        

CRAMO PLC                                                                       


Vesa Koivula                                                                    
President and CEO                                                               

For more information                                                            
Göran Carlson, Deputy CEO, +46 70 874 6556                                      
Martti Ala-Härkönen, CFO, +358 40 737 6633                                      




Distribution                                                                    
Helsinki Stock Exchange                                                         
Major Media                                                                     
www.cramo.fi                                                                    

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 eleven countries    
with 250 outlets. With a group staff of over 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.fi.