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NOTIFICATION PURSUANT TO CHAPTER 2, SECTION 9 OF THE SECURITIES MARKETS ACT

Cramo Plc    Company announcement 18 March 2009, at 11.00 am Finnish time       
(GMT+2)                                                                         

NOTIFICATION PURSUANT TO CHAPTER 2, SECTION 9 OF THE SECURITIES MARKETS ACT     

Cramo Plc has received the following notification pursuant to Chapter 2, section
9 of the Securities Markets Act from Highfields Capital Management LP, according
to which the total holding of shares and voting rights in Cramo Plc of the below
mentioned companies is now below one twentieth (1/20).                          

1. Name of the target company: Cramo Plc                                        

2. Date of change in the holdings: 13 March 2009                                

3. Exact proportion of voting rights and share capital of the company:          

--------------------------------------------------------------------------------
| Shareholder                     |      Number |   Proportion |    Proportion |
|                                 |          of |     of share |     of voting |
|                                 |      shares |    capital % |      rights % |
--------------------------------------------------------------------------------
| Highfields Capital I LP         |     114,656 |         0.37 |          0.37 |
--------------------------------------------------------------------------------
| Highfields Capital II LP        |     102,404 |         0.33 |          0.33 |
--------------------------------------------------------------------------------
| Highfields Capital III L.P.     |     936,976 |         3.06 |          3.06 |
--------------------------------------------------------------------------------
| TOTAL                           |   1.154,036 |         3.76 |          3.76 |
--------------------------------------------------------------------------------


1.154,036 shares and votes and 3.76 percent of the shares and voting rights in  
total.                                                                          

4. Shareholders' complete names:                                                

Highfields Capital Management LP                                                
Highfields Capital I LP                                                         
Highfields Capital II LP                                                        
Highfields Capital III L.P.                                                     


CRAMO PLC                                                                       

Vesa Koivula                                                                    
President and CEO                                                               

Further information                                                             
Vesa Koivula, President and CEO, tel. +358 40 510 5710                          

Distribution                                                                    
NASDAQ OMX Helsinki Ltd.                                                        
Major media                                                                     
www.cramo.com                                                                   

Cramo is a service company specialising in construction machinery and equipment 
rental and rental-related services, as well as the rental and sale of modular   
space. As one of the industry's leading service providers in the Nordic         
countries and Central and Eastern Europe, Cramo operates in eleven countries    
with approximately 300 depots. With a group staff of 2.600, Cramo's consolidated
sales in 2008 totalled close to EUR 580 million and Cramo shares are listed on  
the NASDAQ OMX Helsinki Ltd. For further information, please visit              
www.cramo.com.