RAMIRENT PLC              COMPANYRELEASE 9.5.2008 AT 7.59 a.m. 



RAMIRENT PRESIDENT AND CEO KARI KALLIO TO RETIRE IN 2009                        



Ramirent President and CEO Kari Kallio has informed the Board of Ramirent of his

intention to retire in year 2009. The generation shift, being carried out in    

consultation with Ramirent's Board of Directors, is expected to occur not later 

than in conjunction with the 2009 Annual General Meeting. The Board of Ramirent 

has initiated the process of finding a new President and CEO. Kari Kallio will  

continue in his role as President and CEO until his successor assumes office.   



“I have had an exciting assignment to manage a rapidly growing company and      

implement a number of acquisitions. However, managing a growth company, with    

operations in 13 countries, has been arduous and has affected my private        

situation. Accordingly, I have reached an agreement with the Board to retire in 

2009,” comments Kari Kallio. “Until the new President is appointed and provided 

a transition period, I will continue to lead the Group with full effort.”       



“Kari Kallio has successfully managed Ramirent through an international         

expansion phase since the end of 2005. Kari Kallio has expressed his desire to  

relinquish operating responsibility to new vigor and retire in 2009. We will now

actively seek his successor and, as a result, are disclosing these plans,” says 

Peter Hofvenstam, Chairman of Ramirent.                                         



Vantaa, 9.5.2008                                                                



RAMIRENT PLC                                                                    





Kari Kallio                                                                     

President and CEO                                                               



FURTHER INFORMATION:                                                            

Kari Kallio, CEO, phone +358 20 750 2830, or email kari.kallio@ramirent.com     

Franciska Janzon, Director, Corporate Communications and IR, phone +358 20 750  

2859, or email franciska.janzon@ramirent.com	                                   



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