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Trade Press Release

Cargotec delivers its first Zero Emission(TM) RTGs to Asia

07/04/2011

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 7 APRIL 2011 AT 13.00 NOON EEST

Cargotec has completed the delivery of six Kalmar E-One2 rubber-tyred gantry (RTG) cranes featuring Zero Emission(TM) technology to Vietnam's terminal operator Saigon Newport (SNP) and its subsidiaries, Tan Cang Logistics Joint Stock Company (TCL) and Tan Cang Warehousing Joint Stock Company (TCW). The machines boast major environmental and economical advantages, such as no local emissions, low operating costs and reduced maintenance. All of the cranes operate at Cat Lai Terminal in Ho Chi Minh City.

The 6+1 wide and 1-over-5 high machines were commissioned ahead of schedule by on-site Cargotec technicians. SNP's cranes receive power through cable reel, and they are the first Kalmar Zero Emission(TM) RTGs operating in Asia.

"The handover process went smoothly and SNP is very pleased with the performance of the machines. They appreciate the flexibility in running the cranes with shore or power supply, and the innovative on-screen controls systems ensure their safe and efficient operation," says Henry Tan, Cargotec's Director of Industrial & Terminal Business in South & South East Asia.

SNP is Vietnam's largest container terminal operator. The company handles 80 percent of the import/export volumes in the Ho Chi Minh City area and nearly 50 percent nationwide. In 2009, SNP handled 2.4 million TEU, a 20 percent increase on the 2 million TEU it handled in 2008.

Zero emission RTG pioneer

The Kalmar Zero Emission(TM)E-One2 RTG is Cargotec's most environmentally friendly model. Not only do the machines receive mains power, but they regenerate energy when lowering loads, supplying the power back to the network so that they customer only pays for the actual energy it consumes. Also helping to reduce costs, the Zero Emission(TM) cranes feature the industry's longest maintenance interval because the power unit can be eliminated, further enhancing uptime and keeping the terminal environment clean with no risk of oil leakages.

Cargotec delivered its first - and the world's first - zero emission RTGs to the Port of Oslo in 2002.For further information please contact:

Henry Tan, Director, Industries & Terminal Business, South & South East Asia,

Elizabeth Gibson, Communications Manager, tel. +1 785 214 1223,

Notes to editors

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 2.6 billion in 2010 and it employs approximately 10,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV.

Cargotec's expertise in container and heavy load handling is represented in the global marketplace by the wide range of Kalmar solutions. This includes ship-to-shore cranes, yard cranes, shuttle and straddle carriers, reachstackers, empty container handlers, terminal tractors, log stackers, forklifts and automation. One in four container movements around the globe is handled by a Kalmar machine. Photo caption

The Kalmar Zero Emission(TM) E-One2 RTG is Cargotec's most environmentally friendly model.