Cargotec Receives Significant RoRo Equipment Orders for 53 Car Carriers

5/15/2006 9:35 AM|

Stock Exchange Release, May 15, 2006 at 9.45 a.m. Finnish time

Cargotec´s MacGREGOR business area providing marine cargo handling solutions has received significant RoRo access equipment orders. The equipment will be delivered for 53 Pure Car and Truck Carriers (PCTCs) during 2007–2010. The total value of the deliveries is approximately EUR 65 million.

The equipment will be delivered to Shin Kurushima Group in Japan and Hyundai Samho Heavy Industries (HSHI) shipyard in Korea. The orders confirm MacGREGOR's leading position as a supplier of RoRo equipment for PCTCs. MacGREGOR has now an orderbook of some 90 PCTCs for delivery up to 2010.

Sender:
Cargotec Corporation

Kari Heinistö
Senior Executive Vice President and CFO

Eeva Mäkelä
SVP, IR and Communications

For further information, please contact:
Karl-Axel Persson, Sales Manager, RoRo Ship Division, MacGREGOR,
tel. +46 31 850 700
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 40 727 6766

Cargotec Corporation is the world's leading provider of cargo handling solutions, which are used in local transportation, terminals, ports, distribution centers, and ships. Cargotec's operations are divided into three strong, global business areas: Hiab, Kalmar, and MacGREGOR, each of which is the market leader in its own segment. In 2005 Cargotec's net sales exceeded EUR 2.3 billion. The company employs some 7,700 people and has activities in more than 160 countries. Cargotec's class B shares are listed on the Helsinki Stock Exchange.

www.cargotec.com