Transfer of Treasury Shares

Ashtead Group plc
7 May 2008

                                Ashtead Group plc

                           Transfer of Treasury Shares

Ashtead Group plc ("the Company") announces that on 7 May 2008, the
following ordinary shares were transferred from treasury stock for the purpose
of employee's share scheme allotments:

525,015 ordinary shares at 28.35 pence per share

Following the above transfer of treasury stock, the Company holds 31,599,433
ordinary shares as treasury shares. The total number of ordinary shares in
issue (excluding shares held as treasury shares) is 529,973,293.

This number (529,973,293) represents the total voting rights in the Company and
may be used by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change to their interest in, Ashtead Group plc under the FSA's Disclosure and
Transparency Rules.

Enquiries:

Ashtead Group plc 020 7726 9740
Eric Watkins