CRAMO PLC STOCK EXCHANGE ANNOUNCEMENT 21 December 2006 at 14:00

CRAMO
ACQUIRED LEADING ACCESS PLATFORM RENTAL COMPANY IN LITHUANIA

UAB Cramo, the
Lithuanian wholly-owned subsidiary of Cramo Plc, has acquired UAB
Aukstumines
Sistemos (AS), the leading Lithuanian access platform rental
company.

AS is
specialized in delivering demanding aerial equipment and work platforms
to
construction and installation companies as well as to general industry.
AS
employs 31 people in three depots in Lithuania. The management and other
key
personnel will continue in the company.

Following this acquisition,
Cramo will achieve the market leader position also
in Lithuania in the
strongly growing equipment rental market of the Baltic
countries. Moreover,
the acquisition will strengthen Cramo’s capability as the
specialized provider
of demanding access platform solutions in Central and
Eastern
Europe.


CRAMO PLC


Vesa Koivula
President and CEO


FOR MORE
INFORMATION
Jarmo Laasanen, Vice President Other Europe, +358 50 500
0541
Vesa Koivula, President & CEO, +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.