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Press Release

Share Subscriptions with Cargotec 2005B Option

19/12/2008

Cargotec option rights were granted as part of the demerged Kone Corporation's year 2004 option program. In 2009, shares can be subscribed with Cargotec option rights according to the following time schedule:
 
Share subscription deadline
Entry into the Trade Register by
February 27, 2009
March 20, 2009
March 31, 2009
May 15, 2009
 
Each Cargotec option right entitles the holder to subscribe for three (3) Cargotec class B shares. The share subscription price is EUR 8.59 per share.
 
According to the terms of the option program, the share subscription period with 2005B option rights will end on March 31, 2009.
 
 
For further information, please contact:
Ulla Silvonen, Legal Assistant, tel. +358 204 55 4367
 
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 NASDAQ OMX Helsinki.
 
www.cargotec.com
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