Asterios Satrazemis to step down

7 December 2015

Aggreko plc

Asterios Satrazemis to step down as President, Rental Solutions

Aggreko plc announces that, after eight years in various roles, Asterios Satrazemis has informed us of his intention to step down from his role as President, Rental Solutions, to enable him to take up a new role as CEO of BlueLine Rental, a provider of small-to-medium sized construction rental equipment in North America. Asterios will hand over his organisational responsibilities and step down from the Board on 17 December 2015.

Bruce Pool has been appointed President, Rental Solutions and will succeed Asterios. Bruce has been with Aggreko for 17 years in a variety of roles, including three years running our Northern European business, and most recently running North America, the largest business unit within Rental Solutions; as such he has extensive knowledge of the Rental Solutions business. His ability to move into the role demonstrates our commitment to maintaining strong succession planning.

Chris Weston, Chief Executive of Aggreko, said: "I want to thank Asterios for his considerable contribution to Aggreko over the last eight years and for the support that he has given me since I joined the company earlier this year. We understand his desire to seek a fresh challenge and on behalf of the Board and the Group as a whole, I would like to wish him every success in his new role."

"I am delighted to welcome Bruce to the Executive team. Bruce has an impressive track record in the business and across the industry, and I am sure that he will continue to build on the success of Asterios and those before him."

Enquiries

Notes to Editors

Rental Solutions includes our businesses in North America, Europe and Australia Pacific and our Global events business. In 2014 it accounted for 40% of Group revenue.

Aggreko plc is the leading global provider of modular, mobile power and adjacent product solutions. Aggreko employs over 7,700 people operating from 211 locations. In 2014 we served customers in about 100 countries, and had revenues of approximately GBP 1.6bn (USD 2.6bn or Euros 2.0bn). Aggreko plc is listed on the London Stock Exchange (AGK.L) and is headquartered in Scotland.

In the Rental Solutions business, we operate in developed markets and develop solutions for, and hire our equipment to, customers who then operate it for themselves, although we retain responsibility for servicing and maintaining it. We operate across all sectors in the market, but are heavily involved in oil and gas, petrochemical and refining, mining and events.

In the Power Solutions business, we operate in emerging markets as a power producer. We install and operate modular, mobile power plants for both utility and industrial customers and we charge both for providing the generating capacity, and for the electricity we produce. In our Industrial business, as in Rental Solutions, we are market leaders in oil and gas, petrochemical and refining and mining, whilst our utility business helps countries solve their power shortages.

We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland.