Ashtead Group PLC

    21st March 2017

                            Cancellation of Treasury Shares                        

    Ashtead Group plc ("the Company") announces that is has today cancelled fifty
    four million, ninety nine thousand eight hundred and forty two (54,099,842)
    shares held in treasury.

    Following this cancellation, the Company has four hundred and ninety nine
    million, two hundred and twenty five thousand, seven hundred and fifteen
    (499,225,715) shares in issue.

    This number (499,225,712) 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, the Company under the FCA's Disclosure and
    Transparency Rules.

    Enquiries:

    Ashtead Group plc - 020 7726 9700

    Eric Watkins