Result of EGM

Ashtead Group PLC
04 August 2006


                               Ashtead Group plc

                    RESULTS OF EXTRAORDINARY GENERAL MEETING

The Board of Ashtead announces that, at the Extraordinary General Meeting held
earlier today, the Resolutions to approve the acquisition of NationsRent and the
Rights Issue, details of which were set out in the notice of Extraordinary
General Meeting included in the Circular to Shareholders dated 19 July 2006,
were duly passed.

The Rights Issue remains conditional, amongst other things, upon Admission and
the Acquisition Agreement remaining in full force and effect (and no termination
rights existing under it having arisen) before Admission.

Provisional Allotment Letters are being sent to Qualifying Shareholders today
and it is expected that Admission will take place, and that dealings in the New
Ordinary Shares (nil paid) will commence, at 8.00 a.m. on 7 August 2006. The
latest date for acceptance and payment in full for the Rights Issue is 29 August
2006.

Terms used in this Announcement shall have the same meanings as set out in the
Prospectus dated 19 July 2006.

ENQUIRIES:

Ashtead                                           [phone]
Cob Stenham, Non-executive Chairman               [phone]
George Burnett, Chief Executive                   [phone]
Ian Robson, Finance Director

Maitland
Emma Burdett                                      [phone]

This announcement does not constitute an offer to sell or the solicitation of an
offer to acquire or subscribe for New Ordinary Shares, Provisional Allotment
Letters, Nil Paid Rights and/or Fully Paid Rights and/or to take up any
entitlements.

The information contained in this announcement is not for release, publication
or distribution to persons in the United States, Australia, Canada, France,
Japan or New Zealand.

This announcement is not an offer of securities for sale in, into or from the
United States, Australia, Canada, France, Japan or New Zealand. The New Ordinary
Shares, Provisional Allotment Letters, Nil Paid Rights and Fully Paid Rights
have not been and will not be registered under the US Securities Act of 1933 (as
amended) or under any relevant securities laws of any state or other
jurisdiction of the United States, and will not qualify for distribution under
any of the relevant securities laws of Australia, Canada, France, Japan or New
Zealand. Accordingly, the New Ordinary Shares, Provisional Allotment Letters,
Nil Paid Rights and/or Fully Paid Rights may not be offered, sold, taken up,
exercised, resold, renounced, transferred or delivered, directly or indirectly,
within the United States (absent registration or an applicable exemption from
registration) or within Australia, Canada, France, Japan or New Zealand.

The availability of the Rights Issue to persons who are not resident in the
United Kingdom may be affected by the laws of the relevant jurisdictions in
which they are located. Persons who are not resident in the United Kingdom
should inform themselves of, and observe, any applicable requirements.




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