RAMIRENT PLC         STOCK EXCHANGE RELEASE   15.8.2007                         





RAMIRENT GROUP'S INTERIM REPORT JANUARY - JUNE, 2007                            



PROFITABLE GROWTH CONTINUED IN Q2 2007                                          



- Net sales for the first six months 2007 increased by 30.1% compared to the    

corresponding period of 2006 and totalled EUR 288.6 (221.8) million.            

- Operating profit before depreciation (EBITDA), excluding non-recurring        

property gains, grew by 48.8% to EUR 99.6 (66.9) million; including the property

gains by 41.2% to EUR 102.2(72.3) million.                                      

- Operating profit (EBIT), excluding non-recurring property gains, increased by 

63.6% to EUR 62.9 (38.5) million; including the property gains by 49.4% to EUR  

65.5 (43.9) million. EBIT-margin improved to 21.8% (17.3%) excluding property   

gains.                                                                          

- Profit before taxes (EBT) grew by 54.8% to EUR 62.0 (40.1) million.           

- Earnings per share (diluted) increased by 40% to EUR 0.42 (0.30).             

- Capital expenditure was EUR 147.2 (93.3) million.                             

- Net debt amounted to EUR 279.6 (190.0) million, whilst gearing was 99.4%      

(88.5%).                                                                        

- Return on invested capital (ROI) was 28.4% (22.3%).                           





COMMENTS BY CEO KARI KALLIO                                                     



“The business environment remained favourable in all markets. All business      

segments grew well and net sales in the second quarter were at the highest level

ever. To meet the strong customer demand, Ramirent has continued to invest      

heavily in additional capacity in advance of the summer peak season.”           



“The rapid growth in Ramirent Europe continues. In the Czech Republic, which    

Ramirent entered only a year ago, development has been especially satisfying. In

May, Ramirent further strengthened its market position and widened the customer 

base by the acquisition of a telehandler rental company with operations covering

the whole Czech Republic.”                                                      



“High utilization rate and increased efficiency improved operating profit in all

segments. Especially Sweden and Denmark displayed strong improvement in         

profitability as a result of improved efficiency backed by well-timed           

investments.”                                                                   



“Ramirent will continue to search for bolt-on acquisitions and to further       

improve internal efficiency to support profitable growth. Ramirent expects to   

clearly exceed its financial targets.”                                          





KEY FIGURES                                                                     



--------------------------------------------------------------------------------

| (EUR million)  |  4-6/2007 |  4-6/2006 |  1-6/2007 |   1-6/2006 |  1-12/2006 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Net sales      |     152.0 |     116.7 |     288.6 |      221.8 |      497.9 |

--------------------------------------------------------------------------------

| Operating      |      55.7 |      37.7 |     102.2 |       72.3 |      171.6 |

| profit before  |           |           |           |            |            |

| depreciation   |           |           |           |            |            |

| (EBITDA)       |           |           |           |            |            |

--------------------------------------------------------------------------------

| Operating      |      36.5 |      23.1 |      65.5 |       43.9 |      110.3 |

| profit (EBIT)  |           |           |           |            |            |

--------------------------------------------------------------------------------

| % of net sales |     24.0% |     19.8% |     22.7% |      19.8% |      22.2% |

--------------------------------------------------------------------------------

| Profit before  |      34.9 |      20.7 |      62.0 |       40.1 |      102.9 |

| taxes (EBT)    |           |           |           |            |            |

--------------------------------------------------------------------------------

| Net profit for |      26.2 |      16.2 |      46.3 |       32.0 |       79.2 |

| the period     |           |           |           |            |            |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Earnings per   |      0.24 |      0.15 |      0.42 |       0.30 |       0.73 |

| share (EPS),   |           |           |           |            |            |

| (diluted), EUR |           |           |           |            |            |

--------------------------------------------------------------------------------

| Equity per     |           |           |      2.59 |       1.98 |       2.44 |

| share          |           |           |           |            |            |

| (diluted), EUR |           |           |           |            |            |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Return on      |           |           |     28.4% |      22.3% |      28.1% |

| invested       |           |           |           |            |            |

| capital (ROI), |           |           |           |            |            |

| % 1)           |           |           |           |            |            |

--------------------------------------------------------------------------------

| Net debt       |           |           |     279.6 |      190.0 |      186.3 |

--------------------------------------------------------------------------------

| Gearing, %     |           |           |     99.4% |      88.5% |      70.3% |

--------------------------------------------------------------------------------

| Equity ratio,  |           |           |     39.3% |      41.0% |      45.4% |

| %              |           |           |           |            |            |

--------------------------------------------------------------------------------

| Gross          |           |           |     147.2 |       93.3 |      176.5 |

| investments in |           |           |           |            |            |

| non-current    |           |           |           |            |            |

| assets (EUR    |           |           |           |            |            |

| million)       |           |           |           |            |            |

--------------------------------------------------------------------------------

| Gross          |           |           |     51.0% |      42.1% |      35.4% |

| investments, % |           |           |           |            |            |

| of net sales   |           |           |           |            |            |

--------------------------------------------------------------------------------

| Personnel,     |           |           |     3,261 |      2,723 |      2,846 |

| average        |           |           |           |            |            |

--------------------------------------------------------------------------------

| Personnel at   |           |           |     3,484 |      2,829 |      3,016 |

| end of period  |           |           |           |            |            |

--------------------------------------------------------------------------------





1) The figures are calculated on a rolling twelve month basis.                  



OPERATING ENVIRONMENT                                                           



Ramirent is a company focused on construction machinery and equipment rentals,  

operating in the Nordic, Central and Eastern European markets. The Group is     

headquartered in Vantaa and has 296 (284) permanent outlets in twelve countries.



The level of construction activities in the Nordics remained high during the    

review period. In the Central and Eastern European countries (Russia, the Baltic

States, Poland, Hungary, Ukraine, and the Czech Republic), the construction     

market continued to be strong.                                                  



GROUP NET SALES AND PROFIT                                                      



Good market conditions and heavy investments in new capacity increased net sales

by 30.1%. The growth was strongest in Ramirent Europe (+67.0%) and Finland      

(+36.8%) where the increase in net sales was partly attributable to the year    

2006 acquisitions. The profitability improved in all the segments. The operating

profit (EBIT) improved by 63.6% to EUR 62.9 (38.5) million in the first half of 

the year adjusted for the non-recurring gain from divestments of properties.    



It is part of Ramirent's strategy to release capital for rental equipment       

investments. Ramirent sold its properties in Finland with a non-recurring gain  

of EUR 2.4 million in the second quarter of 2007. In the first quarter of 2006, 

the properties in Sweden were sold with a non-recurring gain of EUR 5.4 million.



The Group's net sales for the review period increased to EUR 288.6 (221.8)      

million, of which Finland accounted for EUR 61.7 (45.1) million, Sweden for EUR 

72.5 (61.1) million, Norway for EUR 68.1 (58.1) million, Denmark for EUR 26.5   

(21.8) million, and Ramirent Europe for EUR 60.7 (36.3) million. The growth was 

mostly organic.                                                                 



The Group's operating profit (EBIT) for the review period excluding property    

gains was EUR 62.9 (38.5) million, of which Finland accounted for EUR 14.7      

(excluding property gains) (9.0) million, Sweden for EUR 15.0 (8.2, excluding   

property gains) million, Norway for EUR 16.1 (12.7) million, Denmark for EUR 3.8

(2.0) million, and Ramirent Europe for EUR 15.6 (7.0) million. The improvement  

in profitability was strongest in Sweden, Denmark and Ramirent Europe. Starting 

from 2007 Ramirent has established a share-based incentive programme to its key 

managers in all operating countries. The programme as described in the Company's

corporate governance corresponds to the counter value of maximum 249,532 shares.

The Group's operating margin improved to 21.8% (17.3%). Including property gains

the Group's operating profit (EBIT) was EUR 65.5 (43.9) million and the         

operating margin was 22.7% (19.8%).                                             



The Group's profit before taxes for the review period was EUR 62.0 (40.1)       

million. The net profit for the review period was EUR 46.3 (32.0) million. The  

increase in profits compared to the previous year was mainly due to the growth  

in net sales and high capacity utilization. The return on invested capital was  

28.4% (22.3%) and the return on equity was 37.7% (29.6%).                       



CAPITAL EXPENDITURE AND DEPRECIATION                                            



The Group companies' gross capital expenditure on non-current assets totalled   

EUR 147.2 (93.3) million, of which EUR 145.7 (91.7) million was attributable to 

investments in machinery and equipment. The significant increase in capital     

expenditures reflects the Group's efforts to expand the rental fleet capacity to

meet customer demands and to develop the product range and outlet network to    

serve customers better. The investments have been made earlier this year to meet

the demand at the peak season.                                                  



The total depreciation of non-current assets during the review period amounted  

to EUR 36.7 (28.5) million, of which EUR 34.9 (27.3) million consisted of       

depreciation of machinery and equipment. Other disposals of tangible non-current

assets were EUR 9.5 (15.0) million, of which EUR 4.3 (3.2) million were         

attributable to machinery and equipment.                                        



Goodwill totalled EUR 76.5 (73.1) million at the end of the review period.      



FINANCIAL POSITION AND BALANCE SHEET                                            



The Group's first-half year cash flow from operating activities was positive,   

amounting to EUR 71.5 (62.0) million. Cash flow from investing activities       

amounted to EUR -132.2 (-71.8) million. Cash flow from financing activities     

totalled EUR 61.1 (9.9) million. At the end of the review period, liquid assets 

stood at EUR 1.6 (1.4) million, resulting in a net change in cash of EUR 0.5    

(0.1) million compared to the year-end.                                         



As a result of increased capital expenditure earlier in the year, Ramirent's    

interest-bearing liabilities increased by EUR 93.8 million from the year-end    

2006 and totalled EUR 281.1 (191.5) million. Net debt amounted to EUR 279.4     

(190.0) million at the end of the review period. Gearing increased to 99.4%     

(88.5%).                                                                        



On 16 March 2007, Ramirent Plc set up a Domestic Commercial Paper Program of EUR

100 million to cover its seasonal funding needs within a year and as an         

additional flexible and cost-efficient source for short-term funding.           



The nominal value of the interest rate swaps at the end of the review period was

EUR 166.6 (62.8) million.                                                       



Total assets amounted to EUR 716.4 (524.8) million and the Group's equity ratio 

was 39.3% (41.0%).                                                              



BUSINESS EXPANSION AND DIVESTMENT DURING THE REVIEW PERIOD                      



On 25 May 2007, Ramirent Plc's Finnish subsidiary Ramirent Finland Oy entered   

into an agreement on selling eight properties and three leaseholds as well as   

one property owned by its subsidiary to Varma Mutual Pension Insurance Company. 

Ramirent Finland Oy has a gain of EUR 2.4 million from the divestment of        

properties. Ramirent continues as leaseholder on operating lease basis for its  

outlet properties.                                                              



On 31 May 2007, Ramirent s.r.o., the Czech wholly-owned subsidiary of Ramirent  

Plc, entered into an agreement with KMB Stavební Servis s.r.o. on the           

acquisition of the rental business of KMB Stavební Servis. KMB Stavební Servis  

is specialized in renting of telehandlers and its business covers the whole     

Czech Republic. Ramirent established its operations in the Czech Republic in    

2006. By this acquisition Ramirent widens its customer base and strengthens its 

position in rental markets in the Czech Republic.                               



BUSINESS SEGMENTS                                                               



During the review period, the Ramirent Group's business operations developed    

strongly in all business segments compared to the corresponding period of the   

previous year. In particular, the operations in Finland, Sweden and Ramirent    

Europe developed well during the period.                                        



During the second quarter the growth continued strong especially in Finland and 

Ramirent Europe. Profitability was improved especially in Sweden, Denmark and   

Ramirent Europe.                                                                



From January 2007 the segments have been charged a management fee consisting of 

certain group administration costs. The comparative figures for 2006 have been  

adjusted accordingly.                                                           



Finland                                                                         



In Finland, business operations were very active compared to the corresponding  

period of the previous year. Net sales increased by 36.8% and totalled EUR 61.7 

(45.1) million. The acquisitions in late 2006 increased the sales by 7%.        

Compared to the corresponding period of the previous year, the profit of the    

Finnish operations improved significantly as a result of increased net sales and

high capacity utilization. The operating profit (EBIT), excluding the           

non-recurring gain from the divestment of Finnish properties, was EUR 14.7 (9.0)

million and the operating profit margin (EBIT-%) increased to 23.9% (20.0%).    



Sweden                                                                          



In Sweden, business operations during the review period continued the strong    

development from 2006. Net sales grew by 18.7% compared to the corresponding    

period of the previous year and were EUR 72.5 (61.1) million. Investments in new

capacity and a broadening of the product offering continued in an effort to     

reach new customer groups, whilst improving the service level for current       

customers. Profit improved mainly due to increased net sales, high capacity     

utilization and cost efficiency. The operating profit (EBIT) was EUR 15.0 (8.2, 

excluding a non-recurring gain from divestment of properties in 2006) million,  

whereas the operating profit margin (EBIT-%) improved to 20.7% (13.4%).         



Norway                                                                          



In Norway, business operations continued at the good level. During the review   

period net sales increased by 17.2% compared to the corresponding period of the 

previous year and totalled EUR 68.1 (58.1) million. The profit of the Norwegian 

operations improved in comparison with the previous year primarily due to       

further improvement in capacity utilization and increase in sales, especially in

lifts and hoists. The operating profit (EBIT) was EUR 16.1 (12.7) million and   

the operating profit margin (EBIT-%) was 23.6% (21.9%).                         



Denmark                                                                         



In Denmark, business operations grew during the review period. Net sales grew by

21.3% totalling EUR 26.5 (21.8) million. The share of re-renting of machinery   

and equipment decreased but remained high due to fast growth in sales. The      

profitability was partly improved due to closing a non-profitable product line  

in 2006. The operating profit (EBIT) was EUR 3.8 (2.0) million, whereas the     

operating profit margin (EBIT-%) was 14.2% (9.3%).                              



Ramirent Europe                                                                 



Ramirent's business operations in Central and Eastern Europe (Russia, Estonia,  

Latvia, Lithuania, Poland, Hungary, Ukraine, and the Czech Republic) continued  

to develop very positively. Heavy investments in new capacity, high utilization 

and expansion of the outlet network further improved the market position of     

Ramirent. In Hungary, the outlet network has been optimized. Ramirent has       

strengthened its position in the Czech Republic where it started only a year    

ago. Compared to the corresponding period of the previous year, net sales       

increased by 67.0% to EUR 60.7 (36.3) million. The operating profit (EBIT)      

improved by 122.3% to EUR 15.6 (7.0) million, the operating profit margin       

(EBIT-%) being 25.6% (19.3%).                                                   



PERSONNEL AND ORGANISATION                                                      



In the review period, the Group employed an average of 3,261 (2,723) people. In 

Finland the number of employees increased to 674 (562) mainly due to temporary  

workers in scaffolding projects. 587 (567) worked in the Swedish operations, 619

(554) in the Norwegian operations, 220 (189) in the Danish operations, 1,149    

(841) in the European operations, and 12 (10) in the Group administration.      



At the end of the review period, the Group had 296 (284) outlets, of which 95   

(90) were in Finland, in Sweden 48 (46), in Norway 37 (36), in Denmark 16 (16)  

and in Ramirent Europe 100 (96, gross increase 10).                             

                                                                                

BUSINESS RISKS                                                                  



The main risks affecting Ramirent's business operations are connected to        

economic cycles in construction industry and increased competition. Retaining   

and attracting personnel is one of the main short-term risks.                   



Ramirent is subject to certain financial risks of which the foreign currency and

interest rate risks are regarded to be of greater importance than other         

financial risks. During the second quarter Ramirent's finance policy was updated

so that average interest rate fixing term was prolonged from 9-15 months to     

12-24 months.                                                                   



Ramirent is operating in twelve countries, which means that the Company is      

exposed country-specific risks. The risk is, however, spread and the effect of  

downturn in a single market is limited at the Group level.                      



Ramirent's business risks and their management have been described in the Annual

Report 2006. The risks have not changed significantly compared to year-end 2006.



SHARES AND SHARE CAPITAL                                                        



The free issue, in which one old share entitled to receive three new shares     

without any payment, approved at the Annual General Meeting on 19 April 2007,   

was entered into the Trade Register on 24 April 2007, after which the Company's 

number of shares was 108,200,300. The Company's share capital was not increased 

in context with the free issue.                                                 



During the review period, a total of 334,336 new free issue adjusted shares were

subscribed with Ramirent Plc's 2002B options, due to which the Company's share  

capital was increased by EUR 35,941.12. The increases were entered in the       

Finnish Trade Register on 22 February 2007 and 22 May 2007.                     



On 30 June 2007, Ramirent's share capital was EUR 11,660,451.47 divided into    

108,469,316 shares.                                                             



SHARE TURNOVER AND PERFORMANCE                                                  



During the review period, 43,861,616 (40,357,644) shares were traded on the OMX 

Nordic Exchange Helsinki at a total value of EUR 749,453,046 (273,612,241), i.e.

40.5% (37.7%) of Ramirent's total stock was traded. The highest price quoted in 

the review period was EUR 21.50 (9.00) and the lowest EUR 11.02 (5.38). The     

average price of the period under review was EUR 16.12 (6.78) and the last      

quotation on the period's last trading day was EUR 20.14 (7.75). The Company's  

market value at the end of the period under review was EUR 2,184,572,024        

(832,474,279).                                                                  



SHAREHOLDERS AND DISCLOSURES                                                    



The ten principal shareholders on 30 June 2007 were:                            



--------------------------------------------------------------------------------

|                                      | Shares            |   % of shares and |

|                                      |                   |             votes |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Nordstjernan AB                      |        24,849,080 |            22.91% |

--------------------------------------------------------------------------------

| Oy Julius Tallberg Ab                |        11,258,008 |            10.38% |

--------------------------------------------------------------------------------

| Varma Mutual Pension Insurance       |         2,850,016 |             2.63% |

| Company                              |                   |                   |

--------------------------------------------------------------------------------

| Ilmarinen Mutual Pension Insurance   |         2,322,828 |             2.14% |

| Company                              |                   |                   |

--------------------------------------------------------------------------------

| Odin Norden                          |         2,085,460 |             1.92% |

--------------------------------------------------------------------------------

| Odin Forvaltnings AS                 |         1,319,932 |             1.22% |

--------------------------------------------------------------------------------

| Odin Europa SMB                      |           887,180 |             0.82% |

--------------------------------------------------------------------------------

| Fondita Nordic Small Cap Placfond    |           700,000 |             0.65% |

--------------------------------------------------------------------------------

| Mutual Pension Insurance Company     |           686,400 |             0.63% |

| Eläke-Fennia                         |                   |                   |

--------------------------------------------------------------------------------

| Veritas Pension Insurance Company    |           666,800 |             0.61% |

| Ltd.                                 |                   |                   |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Nominee-registered shareholders      |        45,152,348 |            41.63% |

--------------------------------------------------------------------------------

| Other shareholders                   |        15,691,264 |            14.47% |

--------------------------------------------------------------------------------

| Total                                |       108,469,316 |            100.0% |

--------------------------------------------------------------------------------



Disclosures                                                                     



On 9 May 2007, Ramirent received a disclosure under chapter 2, section 9 of the 

Securities Markets Act from Julius Baer Holding Ltd. On 26 April 2007, the      

current aggregate holding in Ramirent Plc of entities belonging to Julius Baer  

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 increased to 5,571,972    

shares representing 5.149% of Ramirent Plc´s shares and voting rights. Detailed 

information on the holdings within the Julius Baer Group has been disclosed in  

the stock exchange release on 10 May 2007.                                      



On 16 May 2007, Ramirent received a disclosure under chapter 2, section 9 of the

Securities Markets Act from Nordstjernan AB. On 15 May 2007, the holdings of    

Nordstjernan AB in Ramirent Plc decreased to 24,647,191 shares representing     

22.8% of Ramirent Plc´s shares and voting rights.                               



2002 OPTIONS                                                                    



At the end of the review period, there were 28,340 Ramirent 2002B options left. 

After the end of the review period, 68,728 new shares were subscribed for during

the subscription window that ended on 31 July 2007. After these subscriptions   

there are 20,049 Ramirent 2002B option rights outstanding based on which 160,392

Ramirent shares can be subscribed for.                                          



The share subscription price when exercising the 2002B options is the           

trade-weighted average price of the Ramirent Plc share on the Helsinki Stock    

Exchange, 1 October - 30 November 2002. The share subscription price is reduced 

prior to a share subscription by the amount of decided dividends on the record  

date of each dividend distribution. After the share split 2005, the free issue  

in April 2007, and payments of dividends in 2005, 2006 and 2007, each option    

currently entitles its holder to subscribe for eight shares with aggregate      

subscription price of EUR 9.56. The subscription price of one share is EUR      

1.195. The share subscription period of the 2002B options is 1 October 2005 - 31

October 2007.                                                                   



DECISIONS MADE BY THE ANNUAL GENERAL MEETING OF 19 APRIL 2007                   



The decisions made by the Annual General Meeting can be read on the previous    

interim report and on the Company's homepage www.ramirent.com.                  



Distribution of dividends                                                       



The Annual General Meeting in 2007 decided on a dividend of EUR 1.20 (0.60) per 

share (equalling to EUR 0.30 (0.15) after the free share issue). The dividend   

was paid on 8 May 2007.                                                         



Free issue                                                                      



The Annual General Meeting in 2007 decided to increase the number of shares by  

way of issuing new shares to the shareholders without any payment (“free issue”)

so that one share entitles to three new shares. After the issue the new number  

of the Company's shares is 108,200,300. Trading with the new shares commenced on

25 April 2007.                                                                  



EVENTS AFTER THE REVIEW PERIOD                                                  



Share subscription based on 2002B option rights                                 



Based on the 2002B option, 68,728 new Ramirent shares were subscribed for during

the subscription window that ended on 31 July 2007. The corresponding EUR       

7,388.26 increase in the share capital is expected to be entered in the Trade   

Register on 21 August 2007. After the increase the share capital will be EUR    

11,667,839.73 and the number of shares 108,538,044. After these subscriptions   

there are 20,049 Ramirent 2002B option rights outstanding based on which 160,392

Ramirent shares can be subscribed for.                                          



FINANCIAL TARGETS                                                               



Ramirent's Board of Directors adopted new financial targets for the Group in    

2006. Ramirent is focusing on profitable growth and strong financial position   

that provides financial stability for long-term business decisions. The         

financial targets are as follows:                                               

- Earnings per share growth of at least 15% per annum                           

- Return on invested capital annually of at least 18%                           

- Dividend payout ratio of at least 40% of the annual net profit.               



OUTLOOK                                                                         



The good market conditions are expected to continue in the second half of 2007. 

The Company estimates that total construction activities will grow in average at

the rate of 3-4% in the Nordic countries this year. The backlog of the largest  

Nordic construction companies indicate that the construction volume continues to

grow. However, the scarce supply of labour and building material may limit the  

opportunities for further growth. In the Central and Eastern European markets,  

the Company estimates a further solid growth.                                   



Rental penetration rate is expected to further rise in the Group's markets for  

machinery and equipment rental services as construction companies increasingly  

opt to rent equipment instead of investing in their own fleet. Consequently,    

Ramirent estimates that the machinery rental markets will grow faster than the  

construction markets in 2007.                                                   

                                                                                

Ramirent has invested heavily in new capacity in the first half of 2007 and     

expects a positive cash flow and improved  gearing in the second half of 2007.  

Ramirent is well positioned to take advantage of the opportunities available in 

the markets. The Company will also continue to search for bolt-on acquisitions  

and to further improve internal efficiency to support profitable growth.        

Ramirent expects to clearly exceed its financial targets.                       





SEGMENT INFORMATION, INCOME STATEMENT, BALANCE SHEET, CONDENSED CASH FLOW       

STATEMENT, STATEMENT OF CHANGES IN EQUITY, KEY FIGURES, AND CONTINGENT          

LIABILITIES                                                                     



Ramirent Plc adopted the International Financial Reporting Standards (IFRS) on 1

January, 2005. The Group applies the following amendments to the standards and  

IFRIC's as from the financial year 2007: Change in IAS 1 Presentation of        

Financial Statements; IFRS 7 Financial Instruments: Disclosures; IFRIC 8, 9, 10,

11 and 12. The changes do not have any significant effect on Ramirent's         

financial figures.                                                              



The interim report has been prepared in line with IAS 34: Interim Financial     

Reporting. The same accounting policies and definitions of key financial figures

have been applied as in Ramirent Plc's annual financial statements for 2006.    



Segment information is presented for Ramirent's primary segment, which is       

determined by geographical split. Ramirent Plc has started charging a management

fee to the segments as from 1 January 2007. The segment information has been    

amended accordingly.                                                            



QUARTERLY SEGMENT INFORMATION                                                   



--------------------------------------------------------------------------------

| (EUR million)      | 4-6/0 | 1-3/0 | 10-1 | 7-9/06 | 4-6/06 | 1-3/0 | 1-12/0 |

|                    | 7     |   7   | 2/06 |        |        |     6 |      6 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Net sales          |       |       |      |        |        |       |        |

--------------------------------------------------------------------------------

| Finland            |  34.6 |  27.1 | 29.4 |   28.2 |   24.4 |  20.7 |  102.7 |

--------------------------------------------------------------------------------

| Sweden             |  36.7 |  35.8 | 38.1 |   31.6 |   31.2 |  29.9 |  130.9 |

--------------------------------------------------------------------------------

| Norway             |  33.3 |  34.8 | 33.0 |   29.2 |   28.9 |  29.2 |  120.3 |

--------------------------------------------------------------------------------

| Denmark            |  14.0 |  12.5 | 14.1 |   14.0 |   11.6 |  10.2 |   50.0 |

--------------------------------------------------------------------------------

| Other European     |  33.9 |  26.8 | 31.8 |   28.4 |   20.8 |  15.5 |   96.4 |

| countries          |       |       |      |        |        |       |        |

| (Ramirent Europe)  |       |       |      |        |        |       |        |

--------------------------------------------------------------------------------

| Sales between      |  -0.5 |  -0.4 | -0.2 |   -1.6 |   -0.1 |  -0.5 |   -2.4 |

| segments           |       |       |      |        |        |       |        |

--------------------------------------------------------------------------------

| Net sales, total   | 152.0 | 136.6 | 146. |  129.8 |  116.7 | 105.1 |  497.9 |

|                    |       |       |    2 |        |        |       |        |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Operating profit   |       |       |      |        |        |       |        |

--------------------------------------------------------------------------------

| Finland            |   8.3 |   6.4 |  6.8 |    9.4 |    5.5 |   3.5 |   25.1 |

--------------------------------------------------------------------------------

| % of net sales     | 23.9% | 23.6% | 23.0 |  33.2% |  22.8% | 16.8% |  24.5% |

|                    |       |       |    % |        |        |       |        |

--------------------------------------------------------------------------------

| Sweden             |   7.6 |   7.4 |  7.5 |    6.1 |    4.5 |   3.7 |   21.8 |

--------------------------------------------------------------------------------

| % of net sales     | 20.7% | 20.7% | 19.6 |  19.2% |  14.4% | 12.5% |  16.7% |

|                    |       |       |    % |        |        |       |        |

--------------------------------------------------------------------------------

| Norway             |   8.3 |   7.8 |  7.2 |    6.7 |    7.2 |   5.5 |   26.6 |

--------------------------------------------------------------------------------

| % of net sales     | 24.9% | 22.4% | 21.8 |  22.9% |  25.0% | 18.7% |  22.1% |

|                    |       |       |    % |        |        |       |        |

--------------------------------------------------------------------------------

| Denmark            |   2.5 |   1.3 |  2.5 |    2.6 |    1.3 |   0.7 |    7.0 |

--------------------------------------------------------------------------------

| % of net sales     | 17.8% | 10.4% | 17.4 |  18.3% |  11.4% |  6.8% |  14.1% |

|                    |       |       |    % |        |        |       |        |

--------------------------------------------------------------------------------

| Other European     |   8.7 |   6.9 |  9.2 |    9.5 |    4.7 |   2.3 |   25.7 |

| countries          |       |       |      |        |        |       |        |

| (Ramirent Europe)  |       |       |      |        |        |       |        |

--------------------------------------------------------------------------------

| % of net sales     | 25.6% | 25.7% | 28.9 |  33.5% |  22.7% | 14.8% |  26.6% |

|                    |       |       |    % |        |        |       |        |

--------------------------------------------------------------------------------

| Costs not          |  -1.4 |  -0.8 | -0.6 |   -0.2 |   -0.2 |  -0.3 |   -1.3 |

| allocated to       |       |       |      |        |        |       |        |

| segments           |       |       |      |        |        |       |        |

--------------------------------------------------------------------------------

| Group operating    |  33.9 |  29.0 | 32.5 |   34.0 |   23.1 |  15.4 |  104.9 |

| profit excluding   |       |       |      |        |        |       |        |

| the profit of      |       |       |      |        |        |       |        |

| divestment of      |       |       |      |        |        |       |        |

| properties         |       |       |      |        |        |       |        |

--------------------------------------------------------------------------------

| % of net sales     | 22.3% | 21.2% | 22.2 |  26.2% |  19.8% | 14.7% |  21.1% |

|                    |       |       |    % |        |        |       |        |

--------------------------------------------------------------------------------





INCOME STATEMENT                                                                



--------------------------------------------------------------------------------

| (EUR 1,000)      |    4-6/07 |    4-6/06 |    1-6/07 |    1-6/06 |   1-12/06 |

--------------------------------------------------------------------------------

|                  |           |           |           |           |           |

--------------------------------------------------------------------------------

| Net sales        |   152,046 |   116,718 |   288,632 |   221,823 |   497,858 |

--------------------------------------------------------------------------------

| Other operating  |     2,887 |       256 |     3,144 |     5,985 |     6,907 |

| income           |           |           |           |           |           |

--------------------------------------------------------------------------------

| TOTAL            |   154,933 |   116,974 |   291,776 |   227,808 |   504,765 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Materials and    |   -41,177 |   -34,953 |   -80,311 |   -67,508 |  -149,457 |

| services         |           |           |           |           |           |

--------------------------------------------------------------------------------

| Employee benefit |   -39,207 |   -30,382 |   -74,506 |   -60,120 |  -125,742 |

| expenses         |           |           |           |           |           |

--------------------------------------------------------------------------------

| Depreciation     |   -19,251 |   -14,612 |   -36,690 |   -28,490 |   -61,243 |

--------------------------------------------------------------------------------

| Other operating  |   -18,814 |   -13,952 |   -34,756 |   -27,839 |   -58,003 |

| expenses         |           |           |           |           |           |

--------------------------------------------------------------------------------

| OPERATING PROFIT |    36,484 |    23,075 |    65,513 |    43,851 |   110,320 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Financial income |     1,849 |     1,191 |     3,740 |     2,656 |     4,404 |

--------------------------------------------------------------------------------

| Financial        |    -3,442 |    -3,593 |    -7,256 |    -6,447 |   -11,781 |

| expenses         |           |           |           |           |           |

--------------------------------------------------------------------------------

| PROFIT BEFORE    |    34,891 |    20,673 |    61,997 |    40,060 |   102,943 |

| TAXES            |           |           |           |           |           |

--------------------------------------------------------------------------------

| Income taxes     |    -8,701 |    -4,468 |   -15,743 |    -8,085 |   -23,787 |

--------------------------------------------------------------------------------

| NET PROFIT FOR   |    26,190 |    16,205 |    46,254 |    31,975 |    79,156 |

| THE PERIOD       |           |           |           |           |           |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Sharing of       |           |           |           |           |           |

| profit:          |           |           |           |           |           |

--------------------------------------------------------------------------------

| To the parent    |    26,192 |    16,202 |    42,246 |    31,971 |    79,129 |

| company's        |           |           |           |           |           |

| shareholders     |           |           |           |           |           |

--------------------------------------------------------------------------------

| To the Group's   |        -2 |         3 |         8 |         4 |        27 |

| minority         |           |           |           |           |           |

--------------------------------------------------------------------------------

| Sharing of       |    26,190 |    16,205 |    42,254 |    31,975 |    79,156 |

| profit, total    |           |           |           |           |           |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Earnings per     |           |           |      0.42 |      0.30 |      0.73 |

| share (EPS),     |           |           |           |           |           |

| diluted, EUR     |           |           |           |           |           |

--------------------------------------------------------------------------------

| Earnings per     |           |           |      0.42 |      0.30 |      0.74 |

| share (EPS),     |           |           |           |           |           |

| non-diluted, EUR |           |           |           |           |           |

--------------------------------------------------------------------------------





BALANCE SHEET                                                                   



ASSETS                                                                          



--------------------------------------------------------------------------------

| (EUR 1,000)                 |     30.6.2007 |      30.6.2006 |    31.12.2006 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| NON-CURRENT ASSETS          |               |                |               |

--------------------------------------------------------------------------------

| Tangible assets             |       489,934 |        348,464 |       384,486 |

--------------------------------------------------------------------------------

| Investments in process      |         3,044 |              - |             - |

--------------------------------------------------------------------------------

| Goodwill                    |        76,457 |         73,122 |        76,112 |

--------------------------------------------------------------------------------

| Other intangible assets     |         1,385 |          1,251 |         1,527 |

--------------------------------------------------------------------------------

| Available-for-sale          |            95 |            412 |           125 |

| investments                 |               |                |               |

--------------------------------------------------------------------------------

| Deferred tax assets         |         1,352 |          1,710 |         1,200 |

--------------------------------------------------------------------------------

| NON-CURRENT ASSETS, TOTAL   |       572,267 |        424,959 |       463,450 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| CURRENT ASSETS              |               |                |               |

--------------------------------------------------------------------------------

| Inventories                 |        20,126 |         15,728 |        17,767 |

--------------------------------------------------------------------------------

| Trade and other receivables |       120,788 |         82,702 |        97,304 |

--------------------------------------------------------------------------------

| Cash and cash equivalents   |         1,565 |          1,460 |         1,112 |

--------------------------------------------------------------------------------

| Non-current assets held for |         1,668 |                |         4,632 |

| sale                        |               |                |               |

--------------------------------------------------------------------------------

| CURRENT ASSETS, TOTAL       |       144,147 |         99,890 |       120,815 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| TOTAL ASSETS                |       716,414 |        524,849 |       584,265 |

--------------------------------------------------------------------------------





EQUITY AND LIABILITIES                                                          



--------------------------------------------------------------------------------

| (EUR 1,000)                   |    30.6.2007 |     30.6.2006 |    31.12.2006 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| EQUITY                        |              |               |               |

--------------------------------------------------------------------------------

| Share capital                 |       11,660 |        11,547 |        11,625 |

--------------------------------------------------------------------------------

| Share premium account         |      126,395 |       124,284 |       126,011 |

--------------------------------------------------------------------------------

| Retained earnings             |      143,064 |        78,934 |       127,205 |

--------------------------------------------------------------------------------

| PARENT COMPANY SHAREHOLDERS'  |      281,119 |       214,765 |       264,841 |

| EQUITY                        |              |               |               |

--------------------------------------------------------------------------------

| Minority interests            |           89 |            63 |            83 |

--------------------------------------------------------------------------------

| EQUITY, TOTAL                 |      281,208 |       214,828 |       264,924 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| NON-CURRENT LIABILITIES       |              |               |               |

--------------------------------------------------------------------------------

| Deferred tax liabilities      |       33,365 |        22,552 |        33,135 |

--------------------------------------------------------------------------------

| Pension obligations           |        8,471 |         7,892 |         8,090 |

--------------------------------------------------------------------------------

| Provisions                    |        1,159 |               |         1,186 |

--------------------------------------------------------------------------------

| Interest-bearing liabilities  |      163,415 |       171,774 |       169,769 |

--------------------------------------------------------------------------------

| NON-CURRENT LIABILITIES,      |      206,410 |       202,218 |       212,180 |

| TOTAL                         |              |               |               |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| CURRENT LIABILITIES           |              |               |               |

--------------------------------------------------------------------------------

| Trade payables and other      |      110,529 |        88,075 |        88,962 |

| liabilities                   |              |               |               |

--------------------------------------------------------------------------------

| Provisions                    |          541 |             - |           581 |

--------------------------------------------------------------------------------

| Interest-bearing liabilities  |      117,726 |        19,728 |        16,936 |

--------------------------------------------------------------------------------

| Liabilities connected to      |            - |             - |           682 |

| non-current assets held for   |              |               |               |

| sale                          |              |               |               |

--------------------------------------------------------------------------------

| CURRENT LIABILITIES, TOTAL    |      228,796 |       107,803 |       107,161 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| LIABILITIES, TOTAL            |      435,206 |       310,021 |       319,341 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| TOTAL EQUITY AND LIABILITIES  |      716,414 |       524,849 |       584,265 |

--------------------------------------------------------------------------------







CONDENSED CASH FLOW STATEMENT                                                   



--------------------------------------------------------------------------------

| (EUR million)                 |       1-6/07 |        1-6/06 |       1-12/06 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Cash flow from operating      |         71.5 |          62.0 |         133.9 |

| activities                    |              |               |               |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Cash flow from investing      |       -132.2 |         -71.8 |        -140.7 |

| activities                    |              |               |               |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Cash flow from financing      |              |               |               |

| activities                    |              |               |               |

--------------------------------------------------------------------------------

|    Proceeds from share        |          0.4 |           1.6 |           2.5 |

|    subscriptions              |              |               |               |

--------------------------------------------------------------------------------

|    Borrowings/repayments of   |        -26.0 |               |               |

|    short-term debt            |              |               |               |

--------------------------------------------------------------------------------

|  Borrowings of long-term debt |        119.2 |          24.4 |          20.2 |

--------------------------------------------------------------------------------

|    Dividends paid             |        -32.5 |         -16.1 |         -16.1 |

--------------------------------------------------------------------------------

| Cash flow from financing      |         61.1 |           9.9 |           6.6 |

| activities                    |              |               |               |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Net change in cash and cash   |          0.5 |           0.1 |          -0.2 |

| equivalents                   |              |               |               |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Cash and cash equivalents at  |          1.1 |           1.3 |           1.3 |

| the beginning of the period   |              |               |               |

--------------------------------------------------------------------------------

| Translation difference on     |          0.0 |           0.0 |           0.0 |

| cash and cash equivalents     |              |               |               |

--------------------------------------------------------------------------------

| Net change in cash and cash   |          0.5 |           0.1 |          -0.2 |

| equivalents                   |              |               |               |

--------------------------------------------------------------------------------

| Cash and cash equivalents at  |          1.6 |           1.4 |           1.1 |

| the end of the period         |              |               |               |

--------------------------------------------------------------------------------





CHANGES IN EQUITY                                                               



--------------------------------------------------------------------------------

| (EUR     |       |       |       |       |         | Entrie |       |        |

| 1,000)   |       |       |       |       |         |   s on |       |        |

|          |       |       |       |       |         |   non- |       |        |

--------------------------------------------------------------------------------

|          | Share | Share | Trans | Reval | Retain. | curren |  Min. |  Total |

|          |       |       |    l. |     . |         |      t |       |        |

|          |       |       |       |       |         | assets |       |        |

--------------------------------------------------------------------------------

|          | capit | premi | diffe |  fund | earning |   held | inter | equity |

|          |    al |    um |    r. |       |       s |    for |     . |        |

|          |       |  fund |       |       |         |   sale |       |        |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Equity   | 11,44 | 122,7 | 4,236 |  -580 |  59,027 |      - |    82 | 196,99 |

| 31.12.20 |     1 |    88 |       |       |         |        |       |      4 |

| 05       |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Translat |     - |     - |  -149 |     - |       - |      - |    -3 |   -152 |

| ion      |       |       |       |       |         |        |       |        |

| differen |       |       |       |       |         |        |       |        |

| ces      |       |       |       |       |         |        |       |        |

| 1-6/2006 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Decrease |     - |     - |     - |     - |       - |      - |   -19 |    -19 |

| of       |       |       |       |       |         |        |       |        |

| minority |       |       |       |       |         |        |       |        |

| 1-6/2006 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Fair     |     - |     - |     - |   705 |       - |      - |     - |    705 |

| value    |       |       |       |       |         |        |       |        |

| adjustme |       |       |       |       |         |        |       |        |

| nt of    |       |       |       |       |         |        |       |        |

| interest |       |       |       |       |         |        |       |        |

| rate     |       |       |       |       |         |        |       |        |

| SWAPs    |       |       |       |       |         |        |       |        |

| 1-6/2006 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Income   |     - |     - |     - |  -183 |       - |      - |     - |   -183 |

| tax on   |       |       |       |       |         |        |       |        |

| directly |       |       |       |       |         |        |       |        |

| to       |       |       |       |       |         |        |       |        |

| equity   |       |       |       |       |         |        |       |        |

| entries  |       |       |       |       |         |        |       |        |

| 1-6/2006 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Exercise |   106 | 1,496 |     - |     - |       - |      - |     - |  1,602 |

| d share  |       |       |       |       |         |        |       |        |

| options  |       |       |       |       |         |        |       |        |

| 1-6/2006 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Dividend |     - |     - |     - |     - | -16,094 |      - |     - | -16,09 |

| distribu |       |       |       |       |         |        |       |      4 |

| tion     |       |       |       |       |         |        |       |        |

| 1-6/2006 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Net      |     - |     - |     - |     - |  31,971 |      - |     4 | 31,975 |

| result   |       |       |       |       |         |        |       |        |

| for the  |       |       |       |       |         |        |       |        |

| period   |       |       |       |       |         |        |       |        |

| 1-6/2006 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Equity   | 11,54 | 124,2 | 4,087 |   -58 |  74,904 |      - |    64 | 214,82 |

| 30.6.200 |     7 |    84 |       |       |         |        |       |      8 |

| 6        |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Translat |     - |     - |   811 |     - |       - |      - |    -4 |    807 |

| ion      |       |       |       |       |         |        |       |        |

| differen |       |       |       |       |         |        |       |        |

| ces      |       |       |       |       |         |        |       |        |

| 7-12/200 |       |       |       |       |         |        |       |        |

| 6        |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Fair     |     - |     - |     - |   220 |       - |      - |     - |    220 |

| value    |       |       |       |       |         |        |       |        |

| adjustme |       |       |       |       |         |        |       |        |

| nt of    |       |       |       |       |         |        |       |        |

| interest |       |       |       |       |         |        |       |        |

| rate     |       |       |       |       |         |        |       |        |

| SWAPs    |       |       |       |       |         |        |       |        |

| 7-12/200 |       |       |       |       |         |        |       |        |

| 6        |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Fair     |     - |     - |     - |     6 |       - |    184 |     - |    190 |

| value    |       |       |       |       |         |        |       |        |

| adjustme |       |       |       |       |         |        |       |        |

| nt of    |       |       |       |       |         |        |       |        |

| availabl |       |       |       |       |         |        |       |        |

| e-for-sa |       |       |       |       |         |        |       |        |

| le       |       |       |       |       |         |        |       |        |

| investme |       |       |       |       |         |        |       |        |

| nts      |       |       |       |       |         |        |       |        |

| 7-12/200 |       |       |       |       |         |        |       |        |

| 6        |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Income   |     - |     - |     - |   -59 |       - |    -48 |     - |   -107 |

| tax on   |       |       |       |       |         |        |       |        |

| directly |       |       |       |       |         |        |       |        |

| to       |       |       |       |       |         |        |       |        |

| equity   |       |       |       |       |         |        |       |        |

| entries  |       |       |       |       |         |        |       |        |

| 7-12/200 |       |       |       |       |         |        |       |        |

| 6        |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Directed |    13 |   896 |     - |     - |       - |      - |     - |    909 |

| share    |       |       |       |       |         |        |       |        |

| issue    |       |       |       |       |         |        |       |        |

| 7-12/200 |       |       |       |       |         |        |       |        |

| 6        |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Exercise |    65 |   831 |     - |     - |       - |      - |     - |    896 |

| d share  |       |       |       |       |         |        |       |        |

| options  |       |       |       |       |         |        |       |        |

| 7-12/200 |       |       |       |       |         |        |       |        |

| 6        |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Net      |     - |     - |     - |     - |  47,158 |      - |    23 | 47,181 |

| result   |       |       |       |       |         |        |       |        |

| for the  |       |       |       |       |         |        |       |        |

| period   |       |       |       |       |         |        |       |        |

| 7-12/200 |       |       |       |       |         |        |       |        |

| 6        |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Equity   | 11,62 | 126,0 | 4,898 |   109 | 122,062 |    136 |    83 | 264,92 |

| 31.12.20 |     5 |    11 |       |       |         |        |       |      4 |

| 06       |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Translat |     - |     - | 1,628 |     - |       - |      - |    -2 |  1,626 |

| ion      |       |       |       |       |         |        |       |        |

| differen |       |       |       |       |         |        |       |        |

| ces      |       |       |       |       |         |        |       |        |

| 1-6/2007 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Fair     |     - |     - |     - |   605 |       - |      - |     - |    605 |

| value    |       |       |       |       |         |        |       |        |

| adjustme |       |       |       |       |         |        |       |        |

| nt of    |       |       |       |       |         |        |       |        |

| interest |       |       |       |       |         |        |       |        |

| rate     |       |       |       |       |         |        |       |        |

| SWAPs    |       |       |       |       |         |        |       |        |

| 1-6/2007 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Income   |     - |     - |     - |  -157 |       - |      - |     - |   -157 |

| tax on   |       |       |       |       |         |        |       |        |

| directly |       |       |       |       |         |        |       |        |

| to       |       |       |       |       |         |        |       |        |

| equity   |       |       |       |       |         |        |       |        |

| entries  |       |       |       |       |         |        |       |        |

| 1-6/2007 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Exercise |    35 |   384 |     - |     - |       - |      - |     - |    419 |

| d share  |       |       |       |       |         |        |       |        |

| options  |       |       |       |       |         |        |       |        |

| 1-6/2007 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Dividend |     - |     - |     - |     - | -32,463 |      - |     - | -32,46 |

| distribu |       |       |       |       |         |        |       |      3 |

| tion     |       |       |       |       |         |        |       |        |

| 1-6/2007 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Net      |     - |     - |     - |     - |  46,246 |      - |     8 | 46,254 |

| result   |       |       |       |       |         |        |       |        |

| for the  |       |       |       |       |         |        |       |        |

| period   |       |       |       |       |         |        |       |        |

| 1-6/2007 |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------

| Equity   | 11,66 | 126,3 | 6,526 |   557 | 135,845 |    136 |    89 | 281,20 |

| 30.6.200 |     0 |    95 |       |       |         |        |       |      8 |

| 7        |       |       |       |       |         |        |       |        |

--------------------------------------------------------------------------------







KEY FIGURES                                                                     



--------------------------------------------------------------------------------

|                                |       1-6/07 |       1-6/06 |       1-12/06 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Interest-bearing debt, (EUR    |        281.1 |        191.5 |         187.4 |

| million)                       |              |              |               |

--------------------------------------------------------------------------------

| Net debt, (EUR million)        |        279.6 |        190.0 |         186.3 |

--------------------------------------------------------------------------------

| Invested capital (EUR          |        562.3 |        406.3 |         452.3 |

| million), end of period        |              |              |               |

--------------------------------------------------------------------------------

| Return on invested capital     |        28.4% |        22.3% |         28.1% |

| (ROI), % 1)                    |              |              |               |

--------------------------------------------------------------------------------

| Gearing, %                     |        99.4% |        88.5% |         70.3% |

--------------------------------------------------------------------------------

| Equity ratio, %                |        39.3% |        41.0% |         45.4% |

--------------------------------------------------------------------------------

| Personnel, average             |        3,261 |        2,723 |         2,846 |

--------------------------------------------------------------------------------

| Personnel, end of period       |        3,484 |        2,829 |         3,016 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Gross investments in           |        147.2 |         93.3 |         176.5 |

| non-current assets (EUR        |              |              |               |

| million)                       |              |              |               |

--------------------------------------------------------------------------------

| Gross investments, % of net    |        51.0% |        42.1% |         35.4% |

| sales                          |              |              |               |

--------------------------------------------------------------------------------





The definitions of the key figures are in Annual Report 2006.                   



1) The figures are calculated on a rolling twelve month basis.                  





KEY FIGURES PER SHARE                                                           



--------------------------------------------------------------------------------

|                             |         1-6/07 |        1-6/06 |       1-12/06 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Earnings per share (EPS)    |           0.42 |          0.30 |          0.73 |

| weighted average, diluted,  |                |               |               |

| EUR                         |                |               |               |

--------------------------------------------------------------------------------

| Earnings per share (EPS)    |           0.42 |          0.30 |          0.74 |

| weighted average,           |                |               |               |

| non-diluted, EUR            |                |               |               |

--------------------------------------------------------------------------------

| Equity per share, end of    |           2.59 |          1.98 |          2.44 |

| period, diluted, EUR        |                |               |               |

--------------------------------------------------------------------------------

| Equity per share, end of    |           2.59 |          2.00 |          2.45 |

| period, non-diluted, EUR    |                |               |               |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Number of shares (weighted  |    109,009,310 |   107,983,137 |   108,017,625 |

| average), diluted           |                |               |               |

--------------------------------------------------------------------------------

| Number of shares (weighted  |    108,901,547 |   107,044,969 |   107,428,285 |

| average), non-diluted       |                |               |               |

--------------------------------------------------------------------------------

| Number of shares (end of    |    108,577,079 |   108,354,204 |   108,724,320 |

| period), diluted            |                |               |               |

--------------------------------------------------------------------------------

| Number of shares (end of    |    108,469,316 |   107,416,036 |   108,134,980 |

| period), non-diluted        |                |               |               |

--------------------------------------------------------------------------------



The free issue on 24 April 2007 has been taken into account in the key figures  

per share.                                                                      





CONTINGENT LIABILITIES                                                          



--------------------------------------------------------------------------------

| (EUR million)                      |  30.6.2007 |   30.6.2006 |   31.12.2006 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Real estate mortgages              |          - |         0.8 |          0.9 |

--------------------------------------------------------------------------------

| Interest-bearing debt for which    |          - |         0.3 |          0.3 |

| the above collateral is given      |            |             |              |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Floating charges                   |          - |         2.7 |            - |

--------------------------------------------------------------------------------

| Interest-bearing debt for which    |          - |         1.6 |            - |

| the above collateral is given      |            |             |              |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Floating charges                   |       75.8 |        76.4 |         76.6 |

--------------------------------------------------------------------------------

| Other pledged assets               |        3.1 |         3.1 |          3.1 |

--------------------------------------------------------------------------------

| Interest-bearing debt for which    |      192.0 |       184.8 |        183.8 |

| the above collateral is given      |            |             |              |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Suretyships                        |        2.0 |         2.5 |          2.8 |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Committed investments              |       60.7 |             |              |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Non-cancellable minimum future     |      106.0 |        45.9 |         89.3 |

| operating lease payments           |            |             |              |

--------------------------------------------------------------------------------

| Non-cancellable minimum future     |        4.1 |        10.3 |          6.1 |

| finance lease payments             |            |             |              |

--------------------------------------------------------------------------------

| Finance lease debt in the balance  |       -4.0 |       -10.0 |         -5.8 |

| sheet                              |            |             |              |

--------------------------------------------------------------------------------

| Non-cancellable minimum future     |      106.1 |        46.2 |         89.6 |

| lease payments off-balance sheet   |            |             |              |

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

| Obligations arising from           |            |             |              |

| derivative instruments             |            |             |              |

--------------------------------------------------------------------------------

| Nominal value of underlying object |      166.6 |        62.8 |         49.9 |

--------------------------------------------------------------------------------

| Fair value of the derivative       |        0.7 |        -0.1 |          0.1 |

| instruments                        |            |             |              |

--------------------------------------------------------------------------------



Ramirent has borrowing facilities which have equity ratio, leverage ratio and   

other financial covenants. Ramirent's financial ratios are on 30 June 2007      

significantly better than these covenants.                                      



Ramirent has made no transactions with its related parties during the review    

period. There are no outstanding balances between the Company and its related   

parties at the end of the review period.                                        



There are no pending legal cases, the impact of which could have a material     

effect on the figures reported in this interim report.                          



CONFERENCE FOR ANALYSTS AND THE PRESS                                           



A conference for investment analysts and the press will be arranged on Wednesday

15 August 2007 at 10.00 a.m. in the Dining Room of Restaurant Pörssi in         

Helsinki, Fabianinkatu 14.                                                      



RAMIRENT'S FINANCIAL REPORTING 2007                                             



In 2007, the interim report will be published as follows:                       



- 1 January - 30 September 2007: Wednesday, 7 November 2007                     



This interim report is non-audited.                                             



Vantaa, 15 August 2007                                                          



RAMIRENT PLC                                                                    



Board of Directors                                                              





FURTHER INFORMATION:                                                            

CEO Kari Kallio, phone +358 40 716 1832, or email kari.kallio@ramirent.com      

CFO Heli Iisakka, phone +358 40 544 6833, or email heli.iisakka@ramirent.com	   









DISTRIBUTION:                                                                   

OMX Nordic Exchange Helsinki                                                    

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 has 296 permanent outlets in twelve       

countries and is registered in Helsinki. Ramirent employs over 3,200 people and 

in 2006 the consolidated net sales were 498 million. Ramirent is listed on the  

OMX Nordic Exchange Helsinki. For further information, please visit             

www.ramirent.com.

ramiren interim report q2 2007 – profitable growth continued in q2 2007.pdf