RAMIRENT PROVIDES TOTAL RENTAL SOLUTION TO SWEDEN’S MOST EXCITING PROJECT – URBAN ESCAPE STOCKHOLM

PRESS RELEASE 27 March 2015 at 10:00

Vantaa, Finland, 2015-03-27 09:00 CET (GLOBE NEWSWIRE) —

Ramirent has signed an agreement with AMF Fastigheter to provide a total rental solution for machines and related services during the implementation of Urban Escape. The contract will run from 2014 to 2018 and the order is worth approximately EUR 40 million for deliveries to AMF Fastigheter as well as to other cooperation partners.

Together with Urban Escape Stockholm, AMF Fastigheter is building the future’s urban space in the city block between Hamngatan, Regeringsgatan and Brunkebergstorg. The project comprises five buildings, four streets and two squares. Offices, hotels, commercial premises, restaurants, meeting-places and services will appear here between summer 2014 until 2019 and increase the properties’ area from today’s 95,000 m² to approximately 130,000 m².

Ramirent has a dedicated team on-site working with planning and needs analysis. Over the course of the project, Ramirent will provide safety and working environment solutions, optimise logistics and the handling of electricity and heating in the project. Ramirent’s undertaking also includes training the personnel on-site in safe machine operation. The delivery includes also lifts, hoists, scaffolding and fall protection equipment. Easy access to machinery is provided through an on-site customer centre.

Ramirent Sweden’s Managing Director Erik Alteryd says: “We are very pleased with the contract with AMF Fastigheter which is in line with Ramirent’s strategy of delivering more than machines. With 60 years’ experience, an extensive fleet of machinery and service offering, we have unique competence to find optimal solutions for our customers. Today we are involved at an early stage in planning of safety and energy efficiency on construction sites. We optimise transportation, which leads to shorter waiting times and we also offer training services for the customer’s personnel. Thinking along the right lines at an early stage raises the quality of the project and reduces the scope for unforeseen events to occur. We like to work with assignments like Urban Escape Stockholm where the customer can concentrate on their core business and Ramirent ensures that “the temporary factory” where the construction project will be executed works in an efficient and sustainable manner”.

Ramirent has previously delivered similar undertakings, for example in connection with Boliden’s extension of the mine at Garpenberg in Sweden.

Contact persons at Ramirent: Erik Alteryd, SVP, Ramirent Sweden and Denmark, +46 8 621 29 24

Contact person at AMF: Cecilia Österholm, communications, tel +468 696 33 05,

More about Urban Escape Stockholm

RAMIRENT – MORE THAN MACHINES. We are a leading rental equipment group combining the best equipment, services and know-how into rental solutions that simplify customer business. We serve a broad range of customers, including construction and process industries, services, the public sector and households. In 2014, Group sales totalled EUR 614 million. The Group has 2,600 employees at 302 customer centres in 10 countries in the Nordic countries and in Central and Eastern Europe. Ramirent is listed on the NASDAQ Helsinki Ltd.

AMF Fastigheter is one of Sweden’s biggest property companies with some 40 office and commercial properties and approximately 90 employees. Most of our properties are in the central areas of Stockholm. Our overarching assignment is to contribute to as steady yield for pension provider AMF’s four million savers. We own, develop and administer for the future.

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