Partial Redemption

RNS Number:8777P
Ashtead Holdings plc
08 August 2005




Ashtead Holdings plc
08 August 2005



                              Ashtead Holdings plc

                          Notice of partial redemption

Ashtead Holdings plc announces that on 4th august 2005 in accordance with the
Indenture dated 16th April 2004, as amended by the Supplemental Indenture dated
12th November 2004 ("the Indenture") amongst, inter alia, Ashtead Holdings plc
(as issuer) and the Bank of New York (as trustee) pursuant to which the Issuer's
12% Second Priority Notes ("the Notes") were issued, the Issuer notified the
Holders of the Notes of a partial redemption of the Notes pursuant to section
3.05 of the Indenture and paragraph (a) section 6 of the Notes as follows:

Record Date: 3rd August 2005
Redemption Date: 5th September 2005
Principal Amount of Notes to be Redeemed: #42,000,000
Redemption Price: 112% of the principal amount of the Notes redeemed ("the
Redemption Price) plus accrued interest on the Notes redeemed to, but not
including, the Redemption Date of approximately #41.33 per #1,000 of principal
amount.

The Notice of Partial Redemption was published in the Financial Times of 4th
August 2005.

Contacts:

Ashtead Group plc
George Burnett, Chief Executive                 [phone]
Ian Robson, Finance Director

The Maitland Consultancy
(Public Relations adviser)
Emma Burdett                                    [phone]
Brian Hudspith




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