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Stock Exchange release

Share Subscriptions with Cargotec 2005A and 2005B Option Rights in 2008

12/19/2007

12/19/2007 8:38 AM
|
Stock Exchange Announcement, December 19, 2007 at 9.45 a.m. Finnish time
Cargotec option rights were granted as part of the demerged Kone Corporation's year 2004 option program. In 2008, shares can be subscribed with Cargotec option rights according to the following time schedule:

Cargotec 2005A option rights:

Share subscription deadline Entry into the Trade Register by
February 25, 2008  March 17, 2008
March 31, 2008 April 30, 2008

Cargotec 2005B option rights:

Share subscription deadline Entry into the Trade Register by
February 25, 2008 March 17, 2008
March 31, 2008 April 30, 2008
July 14, 2008 August 31, 2008
October 16, 2008 October 31, 2008
November 30, 2008 December 31, 2008

Cargotec's Board of Directors does not handle share subscriptions between the end of the financial period 2008 and the Annual General Meeting of 2009. Trading in the shares subscribed with the option rights will begin on the following stock exchange day after the trade register entry.

Each Cargotec option right entitles the holder to subscribe for three (3) Cargotec class B shares. The share subscription price according to the terms of the option program is EUR 8.59 per share. Share subscription period with 2005A option rights ends on March 31, 2008 and with 2005B option rights on March 31, 2009.

Sender:
Cargotec Corporation

Kari Heinistö
Senior Executive Vice President and CFO

Eeva Mäkelä
SVP, Investor Relations and Communications

For further information, please contact:
Ulla Silvonen, Legal Assistant, tel. +358 204 55 4367

Cargotec is the world's leading provider of cargo handling solutions whose products are used in the different stages of material flow in ships, ports, terminals, distribution centers and local transportation. Cargotec Corporation's brands, Hiab, Kalmar and MacGREGOR, are market leaders in their fields and well-known among customers all over the world. Cargotec's sales are EUR 2.8 billion. The company employs over 11,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the OMX Nordic Exchange, Helsinki.