Ramirent’s Year 2007 Kari Kallio, CEO Annual General Meeting 9 April 2008, Pörssisali

© 2008 Ramirent Ramirent in Brief Leading equipment rental company in Northern, Central and Eastern Europe Net Sales of EUR 634 million (2007) More than 3,600 employees. Network of 340 rental outlets in 13 countries More than 100,000 customers More than 200,000 rental units Founded in 1955 and listed the OMX Nordic Exchange Helsinki since 1998 Headquartered in Finland

© 2008 Ramirent Modules Heavy Equipment Lifts and Hoists Light Equipment Formworks Power and Heating Tower Cranes General Rental Company Scaffolding

© 2008 Ramirent Electricity & Heating Light Machinery Tower cranes Lifts Scaffolding Modules Formworks More than 200,000 Rental units Heavy equipment

© 2008 Ramirent One Stop Shop supplier to wide customer base Czech Rep. Customers Construction Companies Industry Infrastructure Public Households Suppliers Lifts and hoists Tower cranes Heavy equipment Modules Formworks Light equipment Scaffolding Power and heating Other Outlet Network One stop shop

© 2008 Ramirent Presence in 13 countries Outlet Local head office

© 2008 Ramirent Market Position Segments Sales 2007 (MEUR) EmployeesOutlets Market Position Finland Sweden Norway Denmark Europe*146.51, Group634.33, *Ramirent Europe: Russia Estonia Latvia Lithuania Poland Hungary Ukraine Czech Republic (Slovakia as of 2008)

© 2008 Ramirent Profitable growth continued Compound annual growth rate : 39% MEUR Acquisition of Altima & Treffco Acquisition of Bautas & Stavdal Start of growth strategy Acquisition in Poland and Hungary Entry in Czech Republic, acquisitions in Sweden and Poland

© 2008 Ramirent Full year 2007 highlights Profitable growth continued- EPS increased by 40% Net sales +27.4% to MEUR (497.9) Operating profit (EBIT) +42.8% to MEUR (110.3) EBIT-margin improved to 24.8% (22.2%) Profit before taxes (EBT) +41.6% to MEUR (102.9) Earnings per share (diluted) +39.7% to EUR 1.02 (0.73) Capital expenditure was MEUR (176.5) Net debt MEUR (186.3); Gearing stable at 69.2% (70.3%) ROI was 31.7% (28.1%) and ROE was 36.4% (34.3%) The Board proposes a dividend of EUR 0.50 (0.30) per share

© 2008 Ramirent A strong year in Finland MEUR1-12/071-12/06Change Net sales % EBIT34.8 1) % EBIT-margin26.1%24.5% EBIT (% of sales)Sales by quarters Acquisitions from 2006 accounted for 6% of net sales increase. Strong net sales increase in construction, shipyards and industrial projects. Minor dependence of the residential market. The penetration is increasing. Ramirent’s main markets in Finland are expected to continue to expand in ) Excluding non-recurring profit amounting to 2.4 MEUR realised in Q2/07 from divestment of properties

© 2008 Ramirent Clear profit increase in Sweden MEUR1-12/071-12/06Change Net sales % EBIT 1) ) 61.0 % EBIT-margin23.0%16.7% Strong profit improvement due to better capacity utilization, new products, customer groups and enhanced network. Major two-year agreement for Boliden’s copper mine expansion signed. Acquisition of Tidermans in November 2007 adds 4 outlets in Stockholm and Uppsala area. Favorable market conditions expected to continue in EBIT (% of sales)Sales by quarters ) Excluding non-recurring profit amounting to 5.4 MEUR realised in Q1/06 from divestment of properties

© 2008 Ramirent Stable improvement in Norway EBIT (% of sales) Sales by quarters MEUR1-12/071-12/06Change Net sales % EBIT % EBIT-margin24.6%22.1% Overall improvement in operations. Capacity utilization improved during the year. Major agreement for 3-5 years signed with Veidekke. Stable market situation predicted for

© 2008 Ramirent Denmark grew in a tight market MEUR1-12/071-12/06Change Net sales % EBIT % EBIT-margin17.9%14.1% EBIT (% of sales)Sales by quarters Net sales increased despite slower construction market conditions. Lower share of re-renting of machinery had a positive effect on profits. Improved logistics and widened service offering. Flat growth of the construction market expected in

© 2008 Ramirent Europe continued strong growth MEUR1-12/071-12/06Change Net sales % EBIT % EBIT-margin28.8%26.6% EBIT (% of sales)Sales by quarters Fastest growth in Czech Republic, Lithuania, Poland and Russia. Improved market position due to high investments, high utilization and expansion of network. Restructuring in Hungary to adjust for lower demand due to fiscal stabilization. Signs of overheating in the Baltics is being closely monitored. Overall solid growth expected to continue in most of our markets

© 2008 Ramirent Founded 1973 Sales expectation: > MEUR 10 in employees 40 outlets (of which half franchised) Strong market position in Slovakia Growing construction market Entry into Slovakia Acquisition of a 60% stake in OTS

© 2008 Ramirent Source: Euroconstruct Nov, 2007 Inhabitants (million) Construction Output (billion EUR) Construction Output in Ramirent Markets Russia Finland Sweden Norway Ukraine Lithuania Poland Denmark Slovakia Hungary Czech Rep Latvia 22 Estonia

© 2008 Ramirent Rental Penetration is increasing Penetration rate measured as machinery sold directly to rental companies as percentage of total machinery sales Source: International Rental News/ Kaplan 2006

© 2008 Ramirent All financial targets fulfilled Target EPS (diluted), EUR EPS change, % > 15% ROI, % > 18% Dividend per share, EUR Dividend payout ratio, % > 40%

© 2008 Ramirent Net debt and gearing MEUR Equity and equity ratio MEUR

© 2008 Ramirent Dividend payout ratio * *Note! Board proposal. MEUR

© 2008 Ramirent Share price development 23,80 17,00 13,60 10,20 6,80 3,40 1,70 20,40 EUR

© 2008 Ramirent 10 Largest shareholders Number of shares % of share capital 1. Nordstjernan AB22,349, Oy Julius Tallberg Ab11,427, Varma Mutual Pension Insurance Company7,918, Ilmarinen Mutual Pension Insurance Company2,372, Odin Norden2,018, Odin Finland1,217, Odin Europa SMB959, The State Pension Fund920, Etera Mutual Pension Insurance Company842, Veritas Pension Insurance Company Ltd.780, Total 10 largest shareholders 1) 50,806, Nominee-registered shareholders37,242, Other shareholders20,650, Total ) As per 31 March, 2008

© 2008 Ramirent 2008 Outlook Overall market conditions are expected to remain favorable in 2008, but with lower growth rates and increasing uncertainty regarding the market outlook. In the Nordic countries, the outlook in the business premise and infrastructure sectors remains favorable, although a slow-down is expected in the residential housing sector. In Central and Eastern Europe, Ramirent expects the strong demand in the construction market to continue in most of its markets, but the risks of overheating and imbalances have increased in some countries. As rental penetration rates are increasing, Ramirent estimates that the machinery rental markets will grow faster than the construction markets. Ramirent will continue to invest in new fleet capacity and search for suitable bolt-on acquisitions to support profitable growth. For the full-year 2008, Ramirent expects to fulfill its financial targets.

© Ramirent Thank you! Contact information CEO Kari Kallio, Contact by