RAMIRENT PLC STOCK EXCHANGE RELEASE 26.2.2007 NOTICE TO THE ANNUAL GENERAL MEETING The shareholders of Ramirent Plc are invited to attend the Annual General Meeting to be held on Thursday 19 April 2007 at 4.30 p.m. at Scandic Continental Hotel, at the address Mannerheimintie 46, 00260 Helsinki, Finland. AGENDA OF THE ANNUAL GENERAL MEETING 1. Matters belonging to the Annual General Meeting pursuant to the Finnish Companies Act and Article 13 of the Articles of Association. 2. Amending the Articles of Association The Board of Directors proposes that the Articles of Association is amended due to the new Finnish Companies Act as follows: 1. The business area provision in Article 3 is completed with a mention that the company may conduct business through subsidiaries. 2. Article 4 regarding the minimum and the maximum share capital and Article 5 regarding the number of shares shall be deleted. 3. Article 6 shall be amended so that the company's shares belong to the book-entry system. Other sections in the Article shall be deleted. 4. The Managing Director provisions in Article 8 shall be amended so that the Board of Directors shall elect a Deputy Managing Director when necessary. 5. Article 9 shall be amended so that instead of signing for the company the term “representing the company” adopted under the new Finnish Companies Act shall be used. 6. Article 13, section 1 shall be amended so that the Annual General Meeting may be held in Helsinki, Espoo or Vantaa. Further, Article 13, section 2 shall be amended so that at the Annual General Meeting the annual accounts, which include the consolidated annual accounts, and the Board of Director's report shall be presented and so that at the Annual General Meeting the confirmation of the annual accounts and the use of the profit shown in the balance sheet shall be decided on. 3. Proposal for a free issue to increase the number of shares in the Company The Board of Directors proposes that the Annual General Meeting would resolve to increase the number of shares (equal to split) by way of issuing 81.150.225 new shares to the shareholders without any payment. The Board of Directors proposes the number of the shares to be fourfold to improve the liquidity of the shares and to promote the trading of the shares. All the new shares shall be issued to the shareholders in proportion to the current shareholdings so that one (1) old share entitles to receive three (3) new shares without any payment. After the free issue the total number of shares shall be 108.200.300 shares. Share capital is not increased in context with the free issue. The right to receive new shares in the free issue belongs to the shareholder who is entered as a shareholder in the register of shareholders on the record date 24 February 2007. The free issue shall be carried out in the book-entry securities system and no measures are needed to be taken by the shareholders. New shares shall be recorded to the shareholders' book-entry accounts on 25 April 2007 assuming that the free issue has been registered to the trade register. The new shares shall be listed for public trading as of the commencement of trading on 25 April 2007. The new shares shall entitle to rights of a shareholder as of registration of the new shares. The new shares shall, however, not entitle to the dividend from year 2006 to be decided at the Annual General Meeting of Shareholders on 19 April 2007. The implementation of the free issue shall be subject to the Annual General Meeting adopting the proposal by the Board of Directors with respect to deleting the provision regarding the minimum and maximum number of shares from the Articles of Association of the Company. The terms and conditions of the option program adopted in 2002 currently provide a right to subscribe for two (2) shares with one option right. Should the Annual General Meeting adopt the free issue proposed by the Board of Directors, the terms and conditions of the 2002 option program shall be amended so that each option shall entitle to subscribe for eight (8) shares with the aggregate subscription price defined in the terms and conditions of the 2002 option program. The subscription price for one share shall then be one-eight of such aggregate subscription price. 4. Authorisation of the Board of Directors to decide on acquiring the Company's own shares The Board of Directors proposes that the Annual General Meeting would resolve on authorising the Board of Directors to decide on acquiring a maximum of 1.352.503 Company's own shares. Providing that the Annual General Meeting of Shareholders adopts the proposal of the Board of Directors on the free issue so that the total number of the shares shall be fourfold, the number of shares to be acquired by virtue of this authorisation shall be fourfold and thus be 5.410.012 shares after the implementation of the free issue. Own shares may be acquired in deviation from the proportion to the holdings of the shareholders with unrestricted equity through public trading of the securities on the Helsinki Stock Exchange at the market price of the time of the acquisition. Shares may be acquired to be used as consideration in eventual acquisitions or in other arrangements that are part of the Company's business, to finance investments, to be used as a part of the Company's personnel incentive scheme or to be retained, otherwise conveyed or cancelled by the Company. The authorisation entitles the Board of Directors to decide on other terms of the acquisition of the shares. The share acquisition authorisation will be valid for one year from the decision of the Annual General Meeting of Shareholders. 5. Authorisation of the Board of Directors to decide on a share issue The Board of Directors proposes to the Annual General Meeting to resolve on authorising the Board of Directors to decide to issue a maximum of 1.352.503 new shares and to convey a maximum of 1.352.503 Company's own shares against payment. Providing that the Annual General Meeting of Shareholders adopts the proposal of the Board of Directors on the free issue so that the total number of the shares shall be fourfold, the number of shares to be issued or conveyed by virtue of this authorisation shall be fourfold and thus be 5.410.012 shares after the implementation of the free issue. New shares may be issued and the Company's own shares may be conveyed to the Company's shareholders in proportion to their current shareholdings in the Company or waiving the shareholder's pre-emption right, through a directed share issue or conveyance if the Company has a weighty financial reason to do so, such as using the shares as consideration in possible mergers and acquisitions and other business arrangements, to finance investments or as a part of the Company's incentive program for personnel. The Board of Directors has the right to decide that the amount payable for issued new shares or conveyed own shares shall be either entirely or partially entered into the unrestricted equity-capital fund. The authorisation entitles the Board of Directors to decide on other terms of the share issue. The share issue authorization is valid for one year from the decision of the Annual General Meeting of Shareholders. DISTRIBUTION OF DIVIDEND The Board of Directors has decided to propose to the Annual General Meeting that a dividend of EUR 1.20 per share be paid for 2006. The dividend will be paid to shareholders registered in the register of shareholders maintained by the Finnish Central Securities Depository Ltd on the record date for dividend payment 24 April 2007. The Board of Directors proposes to the Annual General Meeting that the dividend be paid on 8 May 2007. COMPOSITION OF THE BOARD OF DIRECTORS, REMUNERATIONS AND THE AUDITOR Company's shareholders, who together represent more than 40 per cent of the voting rights carried by the Company's shares have notified the Company that they will propose to the Annual General Meeting that the number of members of the Board of Directors be confirmed to be seven (7) members and that the current board members Kaj-Gustaf Bergh, Torgny Eriksson, Peter Hofvenstam, Ulf Lundahl, Erkki Norvio and Susanna Renlund should be re-elected and that a new member, Freek Nijdam, should be appointed for the term that will continue until the end of the next Annual General Meeting of shareholders. The proposed composition of the Board of Directors is thus the following: Kaj-Gustaf Bergh, Torgny Eriksson, Peter Hofvenstam, Ulf Lundahl, Freek Nijdam, Erkki Norvio and Susanna Renlund. The above-mentioned shareholders propose to the Annual General Meeting that the remuneration of the Board members would be: for the Chairman EUR 3.000 per month and additionally EUR 1.500 for attendance at Board and Working committee meetings and other similar Board assignments; for the vice-chairman EUR 2.500 per month and additionally EUR 1.300 for attendance at Board and Working committee meetings and other similar Board assignments; and for the members of the Board EUR 1.700 per month and additionally EUR 1.000 for attendance at Board and Working committee meetings and other similar Board assignments. Travel expenses due to the Board work shall be compensated in accordance with the Company's established practice and travel rules. In addition, the above-mentioned shareholders have notified the Company that they will propose to the Annual General Meeting that the current auditor KPMG Oy Ab be re-elected for the new term that will continue until the end of the next Annual General Meeting of shareholders. RIGHT TO PARTICIPATE TO THE ANNUAL GENERAL MEETING The right to attend the Annual General Meeting is vested in a shareholder who is registered on Thursday, 5 April 2007 in the Company's shareholder register maintained by the Finnish Central Securities Depository Ltd. Shareholders whose shares are registered in the owner register maintained by Swedish VPC must contact VPC and request temporary registration of their ownership in the Company's shareholder register maintained by the Finnish Central Securities Depository Ltd. in order to have the right to participate in the Annual General Meeting. Such request shall be submitted to VPC in writing by using a specific form no later than 3 April 2007 at 4 p.m. Swedish time. The forms are available from Ramirent Plc on request (please contact Ms. Eija Salminen as described below) and on the Internet at Ramirent Plc's website, www.ramirent.com. In addition to making the aforementioned request to VPC, shareholders must also give notice of attendance at the Annual General Meeting in the manner set out below. Shareholders who hold their shares under the name of a nominee can prior to the Annual General Meeting be temporarily registered in the register of shareholders of the Company to allow attendance at the Annual General Meeting. Registration must have been effected on 5 April 2007 at the latest. DOCUMENTS AVAILABLE Copies of the financial statements and the proposals of the Board of Directors to the Annual General Meeting will be available for inspection by shareholders as of 12 April 2007 at the Ramirent head office at Äyritie 12a, 01510 Vantaa, and on Ramirent's web site www.ramirent.com. Copies of the documents will be mailed to shareholders upon request. The Annual Report will also be available at Ramirent's web site. NOTIFICATION OF PARTICIPATION Shareholders who participate in the meeting shall notify the Company's head office of their intention to participate no later than at 4.00 p.m. on 12 April 2007, either by telephone to +358 (0)20 750 2866 (Eija Salminen), or by mail to Ramirent Plc/Eija Salminen, Äyritie 12a, 01510 Vantaa or by email to eija.salminen@ramirent.com or by fax to +358 (0)20 750 2850. Written notices of participation must be received by the deadline for notification. Eventual Powers-of-Attorneys are requested to be sent together with notification of participation. In Helsinki, on 26 February 2007 Ramirent Plc The Board of Directors Further information: Paula Koppatz, General Counsel, tel. +358 40 543 4730 Distribution: Helsinki Exchanges Main news media www.ramirent.com Ramirent is the leading machinery rental company in the Nordic countries, and in Central and Eastern Europe. The Group is headquartered in Helsinki and has 288 permanent outlets in twelve countries. Ramirent employs over 3,000 people and in 2006 the consolidated net sales were 498 million. Ramirent is listed on the Helsinki Stock Exchange. For further information, please visit www.ramirent.com.