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6/22/2005 2:30 PM|

June 22, 2005

Kone Corporation demerged into two separately listed corporations, Cargotec Corporation and KONE Corporation, on June 1, 2005. Cargotec Corporation will disclose the following financial information in 2005:

- Report (pro forma), for the period January–June, on Tuesday, July 19, 2005
- Report (pro forma), for the period January–September, and Interim Report, for the period June–September, on Monday, October 24, 2005

Sender:

Cargotec Corporation

Kari Heinistö
Senior Executive Vice President and CFO

Eeva Mäkelä
SVP, Investor Relations and Communications

For further information, please contact:
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 204 55 4281

Cargotec Corporation is the world's leading provider of cargo-handling solutions for ships, ports, terminals and local distribution. Its three business areas, Kalmar, Hiab and MacGREGOR operate in materials hubs. Net sales of Cargotec were approximately EUR 1.9 billion in 2004 and the company has approximately 7,300 employees in over 140 countries. Cargotec's shares are listed on the Helsinki Stock Exchange.

www.cargotec.com