Annual General Meeting 2006

STOCK EXCHANGE RELEASE 6 APRIL 2006, at 15.30 hrs

RESOLUTIONS OF RAKENTAJAIN KONEVUOKRAAMO OYJ’S ANNUAL GENERAL MEETING OF SHAREHOLDERS

Rakentajain Konevuokraamo Oyj’s annual general meeting of shareholders held on 6 April 2006 handled the matters assigned to the annual general meeting in the articles of association and approved the financial statements of the company and the Group for the year 2005.

PAYMENT OF DIVIDENDS

Based on the proposal of the Board of Directors, the annual general meeting of shareholders decided that a dividend of 0.25 EUR per share be distributed. The matching day for the payment of dividends is 11 April 2006 and the dividends will be paid on 20 April 2006.

DISCHARGE OF LIABILITY AND ELECTION OF MEMBERS OF THE BOARD AND AUDITORS

The annual general meeting of shareholders discharged the members of the Board of Directors and the Managing Director from liability for the financial year 2005.

The annual general meeting re-elected Mr. Gunnar Glifberg, Mr. Stig Gustavson, Mr. Phil van Haarlem, Mr. Eino Halonen, Mr. Pekka Heusala, Mr. Juhani Nurminen and Mr. Hannu Krogerus to the Board.

The annual general meeting of shareholders elected the following auditors: APA Tomi Englund and auditing firm Ernst & Young Oy, APA Erkka Talvinko with the main responsibility for the audit, and APA Roger Rejström as deputy auditor.

The minutes of the annual general meeting will be available to the company’s shareholders at the company’s head office as of 20 April 2006.

Corporate governance statements

Corporate governance

The corporate governance at Cramo is based on Finnish law and the Company’s Articles of Association. The Group complies with the rules of Nasdaq Helsinki Ltd and the Finnish Corporate Governance Code 2015 published by the Securities Market Association. The Corporate Governance Code is available on the Securities Market Association’s website:  http://cgfinland.fi/en/. Cramo does not deviate from the Finnish Corporate Governance Code Recommendations.

The Group’s headquarters are in Vantaa, Finland and the Company is listed on the Nasdaq Helsinki Ltd.

Cramo prepares annual financial statements and interim reports conforming to Finnish law and International Financial Reporting Standards (IFRS). Statements and reports are published in Finnish and English.

Overview of Corporate Governance Components at Cramo Group

The Group’s control and management responsibilities are divided among the General Meeting of Shareholders, the Board of Directors with its two committees, and the President and CEO, the Group management team, managing directors of subsidiaries, and the General Management Meeting. The Board of Directors supervises the performance of the Company, its management and organisation on behalf of shareholders. The Board of Directors and the Group management team are separate bodies, and no one serves as a member of both.