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Press Release

Trading of Cargotec Corporation Shares Begins

6/1/2005

The demerger of Kone Corporation was registered on June 1, 2005, implying that
the demerging Kone Corporation was dissolved and the recipient corporations,
Cargotec Corporation and KONE Corporation, were registered.
The trading of Cargotec Corporation class B shares and class A and B option
rights will begin on the Helsinki Stock Exchange today June 1, 2005. The class B
shares are listed on the Main List of the Helsinki Stock Exchange. The trading
codes for the class B shares and class A and B options are the following:
 
Class B share
Trading code CGCBV
ISIN-code FI0009013429
Trading lot 20
 
Cargotec 2005 A option right
Trading code CGCBVEW105
ISIN-code FI0009618359
Trading lot 10
 
Cargotec 2005 B option right
Trading code CGCBVEW205
ISIN-code FI0009618367
Trading lot 10
 
Cargotec Corporation is listed within the Metal and Engineering sector. The
Corporation's share capital totals 63 754 755.00 euro and the accounting par
value of one share is 1.00 euro. The total number of class B shares is 54 228
666 and the total number of unlisted class A shares is 9 526 089.