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Press Release

Cargotec receives a significant order for specialized load handling equipment in the USA


Cargotec has received a significant order to deliver a total of 292 HIAB loader cranes to BAE Systems Inc. in the USA. Delivery of the equipment will start during the first quarter of 2009, with most of the deliveries taking place during 2009. The end user of the equipment is the US Army.

The new crane type HIAB 222ATF-1 is specifically designed for the US Army's Family of Medium Tactical Vehicles (FMTV) wrecker vehicles. It represents the most modern load handling technology for military use in extreme operating conditions.
BAE Systems is the premier global defense and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, information technology solutions and customer support services.

Further information for the press:
Mikael Anthoni, Senior Vice President, Defence Business Development, tel. +358 (0)204 55 4401, mobile +358 40 700 5367

Further information for investors:
Eeva Sipilä, CFO, tel. +358 (0)204 55 4281

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 total EUR 3.4 billion and it employs approximately 12,000 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki.
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