Cargotec receives EUR 10 million order for MacGregor cargo handling cranes from China

CARGOTEC CORPORATION, PRESS RELEASE 18 APRIL 2012 AT 11 AM EEST

Cargotec has confirmed a contract worth around EUR 10 million from a Chinese shipyard to deliver twenty 120-tonne MacGregor GLH cargo handling cranes for ten general cargo vessels. The cranes will be delivered during 2012 and 2013. The order is booked in the first quarter of 2012.

"MacGregor cranes offer efficient and reliable cargo handling solutions to our customers," says Svante Lundberg, Sales Manager for cargo cranes at Cargotec.

Further information for the press:
Svante Lundberg, Sales Manager, Cranes, tel. +46 660 294 036
Anne Westersund, Vice President, Communications and Marketing, tel. +358 20 777 4460

Further information for investors:
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084

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 3.1 billion in 2011 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com