By selling these shares Veidekke has brought its long-term ownership in plant hire operations to an end.

"We are very pleased to be able to realise a substantial gain on the sale of these last shares," says Veidekke's president & CEO, Terje R. Venold. "Ramirent has shown a positive development during the period Veidekke has been a shareholder in the company, as is reflected in its share price performance," he adds.

For further information, please contact:

Arne Giske, Senior Vice President & CFO,

tel. +47 21 05 77 80, mobile +47 905 89 526

Jørgen G. Michelet, Director, Finance and Investor Relations,

tel. + 47 21 05 77 22, mobile +47 917 43 856

Kai Krüger Henriksen, Senior Vice President, Communication,

tel. +47 21 05 77 04, mobile +47 905 19 360