AGM Statement

Ashtead Group plc

27th September 2006

                               ASHTEAD GROUP PLC                               

                                 AGM Statement                                 

Ashtead Group plc held its AGM at 2.30pm on Tuesday 26th September 2006 in
London.

The Board is pleased to confirm that all the resolutions placed before the
meeting were accepted on a show of hands by the members without exception.

The proxy votes were as follows:

      Resolution                           For              Against     
                                                                             
1.    Report and Accounts 2006         250,691,562           909,161
                                                                             
2.    Dividend declaration             284,803,550                 0
                                                                             
3.    Re-election of Mr Stenham        280,382,150         2,776,750
                                                                             
4.    Re-election of Mr Robson         283,952,090           842,884
                                                                             
5.    Re-election of Mr Miller         282,318,542         2,476,432
                                                                             
6.    Re-appointment of auditors       282,223,944         1,076,551
                                                                             
7.    Approval of remuneration report  158,129,529        85,084,234
                                                                             
8.    Authority to allot securities    273,911,584        10,880,787
                                                                             
9.    Disapplication of pre-emption    282,824,139           335,008
      rights                                                                 
                                                                             
10.   Authority to make market         284,654,015           140,894
      purchases of ordinary shares                                                     

Contacts:

Cob Stenham         Non-executive chairman                  020 7299 5562      
George Burnett      Chief executive                  )                         
Ian Robson          Finance director                 )      01372 362300