Cramo Plc    Investor News 22 December 2009, at 4.20 pm Finnish time (GMT+2)   


Cramo Finland sells its diamond and floor grinding business to Kuusakoski  
    

Cramo Finland Oy, a wholly owned subsidiary of Cramo Plc, and
Kuusakoski Oy have
signed an agreement concerning the purchase of Cramo
Finland's diamond drilling 
and floor grinding business, whereby Kuusakoski
will purchase the whole diamond 
drilling and floor grinding business from
Cramo. The business sale is scheduled 
to take place on 1st February 2010.    
                                        
                                     
                                          
The diamond drilling and floor
grinding business consists of 45 employees who   
will continue their
employment as old employees at Kuusakoski. The sales of the 
business in 2009
will be about EUR 3,7 million.                                 

”According
to our strategy we will now concentrate on rental and rental related

services. I am pleased that we reached an agreement with Kuusakoski Oy, which
  
possesses excellent resources to further develop the business”, says Tatu  
    
Hauhio, Managing Director of Cramo Finland.                              
      

The business transferred in the deal fits well with the current
service range of
Kuusakoski's demolition business. Kuusakoski's recycling,
handling and          
demolition services for construction and other industry
will now be supported by
a competent and wide service network.                
                          

”The deal supports Kuusakoski's growth as a
leading provider of demolition      
services and fits into our service
business strategy”, says Hannu Poutiainen,   
Director of the Demolition
business at Kuusakoski Oy.                           

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

CRAMO PLC     
                                                                 

Vesa
Koivula                                                                   

President and CEO                                                            
  

Further information                                                      
      
Tatu Hauhio, Managing Director, Cramo Finland Oy, tel. +358 40 570 1344
        
Timo Kuusakoski, Managing Director, Kuusakoski Oy, tel. +358 20 781
7392        


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www.cramo.com                                          
                        

Cramo is a service company specialising in
construction machinery and equipment 
rental and rental-related services, as
well as the 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 290 depots. With a
group staff of 2.200, Cramo's consolidated sales for    
2008 was EUR 580
million and Cramo shares are listed on the NASDAQ OMX Helsinki 
Ltd. For
further information, please visit www.cramo.com.                      


Kuusakoski Oy is the leading industrial recycling company in the Baltic Sea
    
region. Kuusakoski offers efficient recycling services to both industrial
      
customers and consumers, as well as processing concepts to its
customers        
worldwide. Kuusakoski Group Oy´s turnover in 2008 was € 1075
million and it     
employed approx. 3 300 persons. The company has been
established in 1914.