Williams Scotsman, Inc. (NASDAQ:WLSC) announced today a definitive agreement to acquire the assets of Honolulu-based Hawaii Modular Space and its sister company, Alaska Modular Space for a purchase price of $42.5 million and additional payments totaling $3 million, subject to the acquired companies' achievement of certain financial targets. Hawaii Modular operates three branch locations across the state, while Alaska Modular manages operations based in Anchorage. The purchased assets include 1,300 units, consisting of mobile offices, storage containers, classrooms and custom modular buildings and the related customer base.

With one of the fastest growing economies in the United States, Hawaii offers an attractive venue for the expansion of Williams Scotsman's market presence and business model. Hawaii Modular's customer base, products and services, and overall market position represent a well developed operation with sustainable competitive advantage. In addition, the company's market focus, product applications, and customer mix complement Williams Scotsman's existing mainland U.S. operations. Furthermore, the venture into Alaska creates a natural extension of Williams Scotsman's established workforce camp business in Western Canada.

?We view this latest acquisition as a further step toward an expanded platform of growth and opportunity into the U.S. marketplace, an ongoing goal of our company,? commented Gerry Holthaus, Chairman, President and CEO of Williams Scotsman, Inc. ?We expect the financial impact of this transaction to be $0.03 to $0.04 accretive to our 2007 earnings per share guidance given during our February 9, 2007 earnings conference call.?

About Williams Scotsman International, Inc.

Williams Scotsman International, Inc., through its subsidiaries, is a leading provider of mobile and modular space solutions for multiple industry sectors, including the Construction, Education, Commercial, Healthcare and Government markets. The company serves over 30,000 customers, operating a fleet of over 115,000 modular space and storage units that are leased through a network of more than 100 locations throughout North America and Spain. Williams Scotsman provides delivery, installation, and other services, and sells new and used mobile office products. Williams Scotsman also manages large modular building projects from concept to completion. Williams Scotsman is a publicly traded company (NASDAQ:WLSC) headquartered in Baltimore, Maryland with operations in the United States, Canada, Mexico, and Spain. The company was selected to NASDAQ's Global Select Market for achieving high-quality listing standards among the marketplace. For additional information, visit the company's web site at www.willscot.com, call (410) 931-6066, or email to Michele.Cunningham@willscot.com.

All statements other than statements of historical fact included in this press release are forward-looking statements and involve expectations, beliefs, plans, intentions or strategies regarding the future. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it assumes no responsibility for the accuracy and completeness of these forward-looking statements and gives no assurance that these expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under ?Risk Factors? and elsewhere in the Company's 10-K, 10-Q and other SEC filings, including, but not limited to, substantial leverage and its ability to service debt, changing market trends in its industry, general economic and business conditions including a prolonged or substantial recession, its ability to finance fleet and branch expansion and to locate and finance acquisitions, its ability to implement its business and growth strategy and maintain and enhance its competitive strengths, intense industry competition, availability of key personnel and changes in, or the failure to comply with, government regulations. The Company assumes no obligation to update any forward-looking statement.