Cargotec signs an agreement with DP World Djazair for 10 Kalmar Reachstackers

CARGOTEC CORPORATION, PRESS RELEASE, DATE 28 JANUARY 2010 AT 12:30 P.M. EET

DP World Djazair - a joint venture between DP World and the state of Algeria - has awarded Cargotec an order for 10 Kalmar DRF450 reachstackers. The machines will be delivered during the first quarter 2010. This order was booked in the fourth quarter 2009 order intake.The new units, featuring increased load capacities of 45 tonnes in the first row, 30 tonnes in the second row and 15 tonnes in the third row, will help DP World meet its high standards in terminal efficiency and productivity as the terminal operator looks to expand the handling capacity of its facility in Algeria.Paul Michon, Director, Global Key Account for DP World, commented on the order:"Cargotec is proud to be a close partner of DP World. We have been serving their needs with an emphasis on respect and reliability for more than 20 years, and I am pleased to have DP World as one of our worldwide customers."The Kalmar machines on order are presently the most innovative reachstackers on the market. The DRF units are equipped with first class components with environmental care taken into consideration. This reachstacker model has also earned a reputation for safety and reliability while being engineered to withstand some of the toughest environments in the world.

NOTES TO EDITORSCargotec improves the efficiency of cargo flows by offering solutions for the loading and unloading of goods on land and at sea - wherever cargo is on the move. Cargotec's main daughter brands for cargo handling Hiab, Kalmar and MacGregor are global market leaders in their fields. Cargotec's global network offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 3.4 billion in 2008 and it employs approximately 10,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki. 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 and automation. One in four container movements around the globe is handled by a Kalmar machine.For further information, please contact:Pauliina Koivunen

Director, External Communications

tel. +358 3 265 8111

pauliina.koivunen@cargotec.com