CRAMO PLC STOCK EXCHANGE ANNOUNCEMENT 12 December 2006 at 11:45

NOTIFICATION
PURSUANT TO CHAPTER 2, SECTION 9 OF THE SECURITIES MARKETS ACT

Cramo Plc has
received the following notification pursuant to Chapter 2, section
9 of the
Securities Markets Act from OP Bank Group Central Cooperative,
according to
which the aggregate holdings of the subsidiaries of OP Bank Group
Central
Cooperative and the mutual funds managed by such subsidiaries have
decreased
to less than one twentieth (5%).

1.        Name of the target company: Cramo
Plc.

2.        Date of change in the holdings: 8 December 2006

3.       
Exact proportion of voting rights and share capital of the
company:

       
  960,553 shares and 3.17% of the shares and voting rights in
total.

4.    
   Complete name and Business Identity Code of the informer:        OP
Bank
Group Central Cooperative, Business Identity code           0242522-1

The
shareowners and their proportion of the share capital and voting rights:
12
December 2006

                                           Number      
Proportion    Proportion
                                        of shares    
    of share     of voting
                                                   
       capital        rights
Funds managed by
OP Fund Management Company
Ltd,
Business Identity code 0743962-2
    OP-Suomi Pienyhtiöt
    Investment
Fund, 1753300-6            316,713            1.05%         1.05%
   
OP-Kiinteistö Investment
    Fund, 0196435-4                        10,000    
       0.03%         0.03%
OKO Bank Plc, 0199920-7                   100,000  
         0.33%         0.33%
Pohjola Non-Life Insurance
Company, 1458359-3   
                    533,840            1.76%         1.76%

In total         
                        960,553            3.17%         3.17%

CRAMO
PLC


Vesa Koivula
CEO
Phone: +358 10 66110, +358 40 510
5710


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 1,600, Cramo’s pro forma
consolidated sales for 2005 totalled EUR 334
million. Cramo is listed on the
Helsinki Stock Exchange. For further
information, please visit www.cramo.fi.