RAMIRENT PLC STOCK EXCHANGE RELEASE 14.11.2007 DISCLOSURE UNDER CHAPTER 2 SECTION 9 OF THE SECURITIES MARKET ACT Ramirent Plc has received from Julius Baer Holding Ltd. the attached notification referred to in Chapter 2 Section 9 of the Securities Markets Act on change in holdings. RAMIRENT PLC Paula Koppatz General Counsel FURTHER INFORMATION: Paula Koppatz, mobile +358 40 5434 730 ATTACHMENT JULIUS BAER HOLDING LTD.'S NOTIFICATION DISTRIBUTION: OMX Nordic Exchange Helsinki Financial Supervision The Main media www.ramirent.com NOTIFICATION REFERRED TO IN CHAPTER 2, SECTION 9 OF SECURITIES MARKETS ACT ON CHANGE IN HOLDINGS As a result of a share transaction concluded 8 November, 2007, the holding of Julius Baer Investment Management LLC on behalf of its clients, together with the Julius Baer International Equity Fund having Julius Baer Investment Management LLC as investment advisor, has dropped below five (5) per cent of the share capital of Ramirent Oyj. In accordance with Chapter 2, Section 9 of the Securities Markets Act, we hereby notify the Financial Supervision Authority and Ramirent Oyj of the following: 1. Name of the target company Ramirent Oyj, Business Identity Code 0977135-4 2. Date of change in holdings 8 November 2007. 3. Exact proportion of voting rights and share capital in Ramirent Oyj The current aggregate holding in Ramirent Oyj of entities belonging to Julius Baer Holding Ltd.'s group of companies (the Julius Baer Group) as well as of funds with an entity of the Julius Baer Group as investment advisor: Share class Number of shares Proportion of Proportion of share capital voting rights Shares 5,126,306 4.723% 4.723% The current holding in Ramirent Oyj of Julius Baer Investment Management LLC on behalf of its clients, an indirect subsidiary of Julius Baer Holding Ltd.: Share class Number of shares Proportion of Proportion of share capital voting rights Shares 3,158,219 2.910% 2.910% The current holding in Ramirent Oyj of the Julius Baer International Equity Fund having Julius Baer Investment Management LLC as investment advisor: Share class Number of shares Proportion of Proportion of share capital voting rights Shares 1,911,869 1.761% 1.761% The current combined holding in Ramirent Oyj of the Julius Baer Investment Management LLC on behalf of its clients and Julius Baer International Equity Fund: Share class Number of shares Proportion of Proportion of share capital voting rights Shares 5,070,088 4.671% 4.671% The current holding in Ramirent Oyj of Julius Baer Multistock Europe Small & Mid Cap Stock fund (a Luxembourg domiciled SICAV fund) having Bank Julius Baer & Co. Ltd as investment advisor: Share class Number of shares Proportion of Proportion of share capital voting rights Shares 50,000 0.046% 0.046% The current holding in Ramirent Oyj of Julius Baer Multistock Global Opportunities Stock fund (a Luxembourg domiciled SICAV fund) having Bank Julius Baer & Co. Ltd as investment advisor: Share class Number of shares Proportion of Proportion of share capital voting rights Shares 6,218 0.006% 0.006% The other entities belonging to Julius Baer Holding Ltd.'s group of companies do not have holdings in Ramirent Oyj. As at 8 November 2007, the registered share capital of Ramirent Oyj comprises a total of 108,538,044 shares, said shares entitling to a total of 108,538,044 votes. 4. Shareholder's full name, Business Identity Code Julius Baer Holding Ltd., Business Identity Code CH-020.3.902.578-7; Julius Baer Investment Management LLC, Business Identity Code 43-2047412; Julius Baer International Equity Fund, Business Identity Code 13-3732995; Bank Julius Baer & Co. Ltd., Business Identity Code CH-020.3.902.727-1; Julius Baer Multistock Europe Small & Mid Cap Stock Fund, Business Identity Code B-32.188. Julius Baer Multistock Global Opportunities Stock Fund, Business Identity Code B-32.188.