STOCK EXCHANGE RELEASE ON 20 NOVEMBER 2006, AT 14.30
DECISIONS OF RAKENTAJAIN KONEVUOKRAAMO OYJS EXTRAORDINARY GENERAL MEETING
Rakentajain Konevuokraamo Oyjs Extraordinary General Meeting of Shareholders held today on 20 November 2006 has made the following decisions in accordance with the proposals of the Board of Directors:
AMENDMENT OF THE BUSINESS NAME OF THE COMPANY AND THE ARTICLES OF ASSOCIATION
The Extraordinary General Meeting of Shareholders decided to amend the Companys business name to Cramo Oyj and renew the Articles of Association as a whole. The decision on the amendment of the business name requires the approval of the trade register. The new Articles of Association is attached to this stock exchange release in its entirety.
ISSUING OF STOCK OPTIONS
The Extraordinary General Meeting of Shareholders made the decision to issue stock options to key personnel of Rakentajain Konevuokraamo Group, as well as to Kiinteistö Oy RK-Kehä, a wholly-owned subsidiary of Rakentajain Konevuokraamo Oyj. The maximum amount of stock options issued is 3,000,000 entitling their holders to subscribe for a maximum amount of 3,000,000 new shares in the Company. The share subscription price is based on the prevailing market price of Rakentajain Konevuokraamo Oyj shares on the Helsinki Stock Exchange in October 2006, October 2007 and October 2008. The share subscription period shall be: for stock options 2006A, 1 October 2009-31 January 2011; for stock options 2006B, 1 October 2010-31 January 2012; and for stock options 2006C, 1 October 2011-31 January 2013.
The specific content of the decisions made in the Extraordinary General Meeting of Shareholders is presented in the Proposals of the Board of Directors and in the stock option terms and conditions held available to the Shareholders on the Company website www.rk.fi.
The minutes of the Extraordinary General Meeting of Shareholders will be available to the Companys shareholders at the Companys head office as of 4 December 2006.