CRAMO PLC STOCK EXCHANGE ANNOUNCEMENT 2 January 2007 at 16:30

CRAMO EXPANDS
IN NORWAY THROUGH AN ACQUISITION

Cramo AS, the Norwegian wholly-owned
subsidiary of Cramo Plc, has acquired the
entire share capital of Hamar
Liftutleie AS (HL). The acquisition strengthens
Cramo's position in the
Norwegian equipment rental market, especially in the
Ostlandet area.

Hamar
Liftutleie expects sales of approximately 15 million NOK in 2006. The
company
has five employees who will all remain in the company. As part of the
Cramo
Group HL has good opportunities to continue its growth and to offer
its
customers even wider rental services.


CRAMO PLC


Martti
Ala-Härkönen
CFO


FOR MORE INFORMATION
Martti Ala-Härkönen, CFO, +358 40
737 6633
Göran Carlson, deputy CEO, +46 70 8746
556



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
about 1,800, 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.