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Trade Press Release

Magazine has covered MacGregor news for 55 years

11/29/2011

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 29 NOVEMBER 2011 AT 8 A.M. (EET)

This year marks the 55th anniversary of MacGregor News. MacGregor is Cargotec's global market-leading brand for marine cargo handling and offshore load handling, and since 1956 the magazine has covered the customer-driven MacGregor engineering and service solutions developed for the maritime transportation, offshore load-handling and naval logistics markets. MacGregor News has a circulation of around 15,000 copies per issue and is distributed worldwide.

"MacGregor News established itself long ago as an essential read for anyone involved with shipboard cargo handling," says the magazine's Editor-in-Chief, Heli Malkavaara. "We have just published issue number 163. Over the years MacGregor News has focused on all sorts of technologies and services - current highlights include improved environmental impact and higher efficiencies. Throughout its 55-year history the magazine has stayed true to its purpose of reporting on MacGregor invention, innovation and information."

Further information please contact:
Heli Malkavaara, Communications Director, Marine, tel +358 2 4121 252
Email: heli.malkavaara@cargotec.com 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 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com

MacGregor is the global market-leading brand in marine cargo handling and offshore load-handling solutions. Customer-driven MacGregor engineering and service solutions for the maritime transportation industry andthe offshore load-handling and naval logistics markets are used on board merchant ships, offshore support vessels, and inports and terminals. www.macgregor-group.com