Cargotec receives large repeat order for four Kalmar quay cranes in West Africa

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 31 AUGUST 2012 AT 10 AM (EEST)

Cargotec has received a large repeat order for four Kalmar quay cranes from the French Bolloré group, through its wholly-owned Unicaf subsidiary. The deal follows an order received in 2011, which at the time represented Cargotec's first ever quay crane delivery in West Africa. Both parties have agreed not to disclose the monetary value of the order. The order has been booked in the second quarter 2012 order intake.

The Kalmar quay cranes ordered will be delivered to various ports in West Africa, where handling is currently carried out primarily by mobile cranes or ship's own gear, and to green field terminals. The cranes have a lifting capacity of 60 tonnes under the Bromma twin-lift spreaders. They will be built to a single box boom type design, with an outreach of 47 m and a 30.5 m rail span.

Thanks to significant growth in container handling capacity over the last years, Bolloré group has become the biggest container terminal operator in West Africa. It operates 13 container terminals in the whole Africa and plans to reinforce its presence in West Africa to meet the needs of the fast-growing economies in the region.

Further information for the press
Harald de Graaf, Executive Vice President, EMEA, tel. +31 102 946 666
Anne Westersund, Vice President Communications and Marketing, tel. +358 20 777 4460

Further information for investors:
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 3.1 billion in 2011 and it employs approximately 10,500 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com