RAMIRENT PLC STOCK EXCHANGE RELEASE 31.7.2008 at 3:00 p.m. RAMIRENT REDUCES ITS FULL YEAR ESTIMATES Ramirent estimated on 9 May 2008 that for the full-year 2008 the net sales and profit before taxes will grow compared to the last year, but it will be challenging to fulfil the financial target of 15 per cent growth in earnings per share. Ramirent still estimates net sales growth to continue for the full year. However, due to the further softening of markets especially in the Baltics and increased financial costs, the company estimates the profit before taxes and earnings per share to be below 2007 level. Ramirent will publish its second quarter interim report on 15 August 2008. Vantaa, 31 July 2008 RAMIRENT PLC Kari Kallio President and CEO FURTHER INFORMATION: Kari Kallio, CEO, phone +358 20 750 2830, or email kari.kallio@ramirent.com Heli Iisakka, CFO, phone +358 20 750 3248, 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 some 360 permanent outlets in thirteen countries and is registered in Helsinki. Ramirent employs over 3,900 people and in 2007 the consolidated net sales were EUR 634 million. Ramirent is listed on the OMX Nordic Exchange Helsinki. For further information, please visit www.ramirent.com.