Correction : Close Period share re-purchase pro...

Previous release at 9:40 this morning contained an incorrect date for the announcement of the quarter results ending 31 January 2008 Ashtead Group plc 4 February 2008 Ashtead Group plc Close Period share re-purchase programme Ashtead Group plc ("Ashtead") announces that it has entered into an irrevocable, non-discretionary arrangement to enable the re-purchase of its own shares, for putting into treasury, during its close period. The arrangement commences on 4 February 2008 and runs up to an including the date on which the Board meets to finalise the publication of the Ashtead's quarterly reports for the quarter ending 31 January 2008 (currently expected to be 4 March 2008). Any acquisitions will be effected within certain pre-set parameters and in accordance with both Ashtead's general authority to re-purchase shares and Chapter 12 of the Listing Rules which requires that the maximum price paid to be limited to no more than 105 percent of the average middle market closing price of Ashtead's shares for the 5 dealing days preceding the date of purchase. Ashtead confirms that it currently has no unpublished price sensitive information. Further enquiries: Eric Watkins, Legal Counsel Tel no: 020 7726 9740 END
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