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Press Release

Cargotec Re-Starts Share Repurchases

7/22/2008

Cargotec Corporation has on Monday July 21, 2008 re-started the purchase of its own shares. The following purchases were made yesterday:
 
SHARE REPURCHASE July 21, 2007
 
Trade date: July 21, 2008
Bourse trade: PURCHASE
Share: CGCBV
Amount: 50,000
Total cost: EUR 1,046,220.85
Average price / share: EUR 20.9244     
Highest price / share: EUR 22.10
Lowest price / share: EUR 19.98
 
Cargotec Corporation now holds a total of 2,040,725 shares including the shares repurchased on July 21, 2008.
 
Information about Cargotec's future share repurchases will be daily updated on the Company's website at www.cargotec.com under Investors/Share Information/Share Buy- backs and can also be found as announcements sent by the purchasing broker on the OMX Nordic Exchange Helsinki website at www.omxnordicexchange.com
 
 
Sender:
Cargotec Corporation
 
Eeva Mäkelä
CFO
 
 
Cargotec improves the efficiency of cargo flows by offering handling systems and the related services for the loading and unloading of goods. Cargotec's brands, Hiab, Kalmar and MacGREGOR, are global market leaders in their fields and their solutions are used on land and at sea - wherever cargo is on the move. Extensive services close to customers ensure the continuous usability of equipment. Cargotec is the technology leader in its field, its R&D focusing on innovative solutions that take environmental considerations into account. Cargotec's sales exceed EUR 3 billion and the company employs approximately 12,000 people. Cargotec's class B shares are quoted on the OMX  Nordic Exchange Helsinki.
 
www.cargotec.com