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Dividend and dividend policy

Dividend policy
Cargotec Corporation’s Board of Directors has confirmed the Company’s dividend policy. Cargotec’s growth targets and the resulting financing needs have been taken into account in determining the dividend policy. According to the dividend policy Cargotec’s annual dividend will be 30-50 percent of the Company’s net income.

The aim is to further strengthen Cargotec’s global market leader position by growing both organically as well as through acquisitions. The Board of Directors states that in addition to profitable growth shareholder value creation will be supported by a competitive dividend policy and possible share buy backs.

For the year 2005 the dividend payout was determined based on the net income of the Company’s first official financial period of 1 June–31 December 2005.

Dividend distribution
In dividend distribution, class B shares earn a higher dividend than class A shares. The difference between dividends paid on the two classes of shares is a minimum of one (1) cent and a maximum of two and a half (2.5) cents.

Dividend
The Annual General Meeting 2010 approved a dividend of EUR 0.39 per each of class A shares and EUR 0.40 per each of class B shares outstanding be paid. The dividend will be paid to shareholder who on the record date for dividend distribution, 10 March 2010, is registered as shareholder in the Company’s share register. The dividend payment date was 17 March 2010.

Dividend history, EUR

	2009	2008	2007	2006	1.6.-31.12.2005
Class A share	0.39	0.59	1.04	0.99	0.64
Class B share	0.40	0.60	1.05	1.00	0.65