RAMIRENT PLC STOCK EXCHANGE RELEASE 29.3.2010 RESOLUTIONS PASSED AT RAMIRENT PLC'S ANNUAL GENERAL MEETING 2010 Ramirent Plc's Annual General Meeting, which was held today on March 29, 2010, adopted the 2009 financial statements and discharged the members of the Board of Directors and the President and CEO from liability. The Annual General Meeting decided on the payment of dividends, the composition of the Board of Directors and their fees, the election of the auditor and his fee, and the authorisation of the Board of Directors to share buyback and share issues. Dividend payout The Annual General Meeting adopted the Board's proposal that a dividend of EUR 0.15 per share be paid based on the adopted balance sheet for the financial year ended on 31 December 2009. The dividend will be paid to shareholders registered in the shareholders' register of the Company maintained by Euroclear Finland Ltd on the record date for dividend payment 1 April 2010. It was decided that the dividend be paid on 15 April 2010. Further The Annual General Meeting decided to grant the Board the authority to decide no later than 31 December 2010, on the payment of an additional dividend to the dividend decided in the Annual General Meeting of no more than EUR 0.10 per share. It was decided that the dividend paid on the basis of the decision of the Board of Directors will be paid to the shareholders registered in the Company's shareholders' register maintained by Euroclear Finland Ltd on the record date decided by the Board of Directors and the date of payment of the dividend can at the earliest be the fifth banking day from the record date. Composition of the Board of Directors and their remuneration The Annual General Meeting resolved that the number of members of the Board of Directors be confirmed to be six (6)and re-elected the current Board members Kaj-Gustaf Bergh, Torgny Eriksson, Peter Hofvenstam, Erkki Norvio and Susanna Renlund and elected Johan Ek as new Board member for the term that will continue until the end of the next Annual General Meeting. The Annual General Meeting adopted the proposal that the remunerations of the members of the Board of Directors would remain unchanged as follows: for the Chairman EUR 3,000 per month and additionally EUR 1,500 for attendance at board and committee meetings and other similar board assignments; for the Vice-Chairman EUR 2,500 per month and additionally EUR 1,300 for attendance at board and committee meetings and other similar board assignments; and for the members of the Board of Directors EUR 1,700 per month and additionally EUR 1,000 for attendance at board and committee meetings and other similar board assignments. Travel expenses and other out-of-pocket expenses due to the board work shall be compensated in accordance with the Company's established practice and travel rules. Election of the auditor and his fee The Annual General Meeting elected auditor KPMG Oy Ab as the company's auditor, with APA Pauli Salminen as principally responsible auditor for the term that will continue until the end of the next Annual General Meeting. The auditor's compensation will be paid against an invoice as approved by the Company. Amendment of section 10 of the Articles of Association The Annual General Meeting adopted the Board's proposal that Section 10 of the Articles of Association is amended so that a notice to a General Meeting be delivered to shareholders no later than three weeks prior to the meeting, however, at least nine days before the record date of the meeting by publishing the notice on the Company's website and, if the Board of Directors so decides, in one or more national newspapers. Repurchase of the Company's own shares The Annual General Meeting authorised the Board of Directors to decide on the repurchase of a maximum of 10,869,732 Company's own shares as proposed by the Board of Directors. The authorisation shall also contain an entitlement for the Company to accept its own shares as pledge. The share repurchase authorisation is valid until the next Annual General Meeting and it revokes the repurchase authorisation given by the Annual General Meeting on 2 April 2009. Share issues and the issuance of option rights, convertible bonds and/or special rights The Annual General Meeting authorised the Board of Directors to decide to issue a maximum of 21,739,465 new shares and to convey a maximum of 10,869,732 Company's own shares against payment as proposed by the Board of Directors. By virtue of the authorisation, the Board of Directors also has the right to grant option rights, convertible bonds and/or special rights referred to in Chapter 10, Section 1 of the Companies Act, which entitle to new shares or the Company's own shares against payment in such a manner that the subscription price of the shares is paid in cash or by using the subscriber's receivable to set off the subscription price. The authorisation entitles the Board of Directors to decide on other terms of the share issue. The share issue authorisation is valid for three years from the resolution of the Annual General Meeting and it revokes the authorisation to issue and convey the Company's own shares given by the Annual General Meeting on 2 April 2009. The minutes of the Annual General Meeting will be available on the Internet at the company website www.ramirent.com by April 12, 2010. Helsinki, 29 March 2010 RAMIRENT PLC THE BOARD OF DIRECTORS FURTHER INFORMATION: Paula Koppatz, General Counsel, tel. +358 (0)20 750 2834 DISTRIBUTION: NASDAQ OMX Helsinki Main news media www.ramirent.com Ramirent is a leading equipment rental group delivering Dynamic Rental Solutions™ that simplify business. We serve a broad range of customers, including construction and process industries, shipyards, the public sector and households. In 2009, Group sales totalled EUR 503 million. The Group has 3,000 employees, at 344 locations in 13 countries in Northern, Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.