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Press Release

Cargotec to Issue a Domestic Bond

02/06/2005

Cargotec Corporation's Board of Directors has decided to issue a domestic bond.
The bond will be issued in the near future subject to market conditions. The
nominal value of the fixed interest rate notes will be a maximum of EUR 100
million, and they have a final maturity of seven years. The coupon, yield and
final amount will be determined at the expiration of the subscription period
based on investor demand. The notes are primarily targeted for Finnish
institutional investors.
The joint lead managers for the issue are Nordea Markets and SEB Merchang
Banking, Capital Markets. The investors may submit their bids to Nordea
Markets, Institutional Sales, tel. +358 9 3695 0880 and SEB Merchant Banking,
Capital Markets, tel. +358 9 6162 8560.
An application will be made to list the issue on the Helsinki Stock Exchange.