releases
Eastern European Markets
PRESS RELEASE
February 28, 2005

RAMIRENT ACQUIRES BUSINESS OPERATIONS OF POLISH RENTAL COMPANY

By an agreement signed on 25 February 2005, Ramirent Plc’s Polish subsidiary, Ramirent S.A., has acquired the business operations of North Construction Sp.z.oo. North Construction specializes in the rental of scaffolding and personnel hoists for industry, and especially for shipbuilding. The net sales of the acquired business operations were approximately EUR 1.6 million in 2004.

The acquisition strengthens Ramirent’s position as an industrial equipment supplier in Poland. Ramirent S.A. already owns a construction scaffolding rental company known as Ramirent Scaffolding Sp.z.oo, which will now expand its business to industry.

Further information:
Erkki Norvio, President and CEO
Tel. +358-400-410 977
DISTRIBUTION:
Helsinki Stock Exchange
Main news media

www.ramirent.com


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