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Press release

Cargotec Receives an Order for over 200 Terminal Tractors from Singapore

1/2/2007

Kalmar, the business area providing container handling solutions within Cargotec, has received a significant order for 247 terminal tractors from PSA Singapore Terminals, the world's largest container transhipment hub. The delivery of the terminal tractors starts in mid-2007.
 
The terminal tractors will be designed in Ottawa, Kansas, U.S.A., and assembly will be done mostly in Shanghai, China. Kalmar South East Asia will provide spare parts and service.
 
The value of the order is approximately EUR 15 million and it has been booked in December 2006.
 
 
Sender:
Cargotec Corporation
 
Kari Heinistö                                                   
Senior Executive Vice President and CFO  
 
Eeva Mäkelä
SVP, Investor Relations and Communications
 
For further information, please contact:
Christer Granskog, President, Kalmar, tel. +358 204 55 4776
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 40 727 6766
 
Cargotec Corporation is the world's leading provider of cargo handling solutions, which are used in local transportation, terminals, ports, distribution centers, and ships. Cargotec's operations are divided into three strong, global business areas: Hiab, Kalmar, and MacGREGOR, each of which is the market leader in its own segment. In 2005 Cargotec's net sales exceeded EUR 2.3 billion. The company employs some 8,000 people and has activities in more than 160 countries. Cargotec's class B shares are listed on the Helsinki Stock Exchange.
 
www.cargotec.com