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Trade Press Release

Infraestructura Portuaria Mexicana opts for two Kalmar E-One2 RTGs and STS upgrades

04/08/2010

Cargotec has received an order for two all-electric Kalmar E-One2 rubber-tyred gantry (RTG) cranes from Pinfra's subsidiary, Infraestructura Portuaria Mexicana S.A. de C.V. (IPM). Additionally, Cargotec also agreed with IPM in the second quarter of 2010 to upgrade its two existing quay cranes. The new deals signify IPM's desire to enhance its terminal operations at the Port of Altamira as container traffic in the region increases. The order for new RTGs was received this quarter, and delivery is scheduled for the second quarter of 2011.

"These latest agreements are the result of our close cooperation with Cargotec, in addition to their company's superior product quality and service," says Ricardo Kolteniuk, Director of Administration at Pinfra.

The relationship between IPM and Cargotec has grown stronger in recent years. IPM is vigorously pursuing plans to modernise its terminal and prefers to operate with a fleet of Kalmar port equipment, which currently includes two DRF reachstackers, two DCD empty container handlers and 10 terminal tractors. This latest order will also bring IPM's total number of Kalmar E-One RTGs to four. Additionally, the terminal operator previously agreed to buy two 33-tonne capacity Kalmar DCE forklifts which will be delivered this quarter.

"From reachstackers to RTGs and STS cranes to now upgrades, we are committed to working together with Cargotec as they can offer the comprehensive range of innovative cargo handling solutions a world class facility such as our needs," comments Salvador Sanchez, Director of IPM.

IPM's new 6+1 wide and 1-over-5 high Kalmar E-One2 RTGs will be capable of carrying loads of up to 40 tonnes under spreader. IPM's second order for Kalmar RTGs further exemplifies its commitment to operational efficiency, availability and environmental friendliness.

This year, IPM will take into operation a Kalmar STS crane with a 49-metre outreach, 19-metre backreach and 37-metre hoisting height. To further optimise its waterside operations, Cargotec will upgrade two of IPM's existing quay cranes to include newer, updated DC drives featuring better flexibility, adaptability and driver response. Other improvements include new festoon systems, operator cabs and seats, load cells, and PLC systems. The work will be completed in the first quarter of 2011.

The Port of Altamira is strategically located in the state of Tamaulipas on the coast of the Gulf of Mexico. In May, the port achieved tremendous year-on-year growth with an increase of 62 per cent total cargo handled. Besides containers, the Port of Altamira also moves steel, mineral bulk and LNG fuel.

Pinfra is dedicated towards the development, management, operation and financing of infrastructure projects in Mexico. Pinfra's shares are quoted on the Mexican Stock Exchange.

For further information, please contact:

Dan House, Managing Director of Latin America, tel. +1 908 500 8843,

or

Elizabeth Gibson, Communications Manager, tel. +1 785 214 1223,
Notes to editors

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 2009 and it employsapproximately 9,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki.

Cargotec's expertise in container and heavy load handling is represented in the global marketplace by the wide range of Kalmar solutions. This includes ship-to-shore cranes, yard cranes, shuttle and straddle carriers, reachstackers, empty container handlers, terminal tractors, log stackers and automation. One in four container movements around the globe is handled by a Kalmar machine.

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