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Cargotec Receives Significant Bulk Handling Orders

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cargotec_logo_webHelsinki, Finland - January 5, 2007 - Cargotec’s MacGREGOR business area providing marine cargo handling solutions has received orders for five bulk cargo loaders and unloaders. One of the systems will be manufactured in China and four in Europe. The bulk cargo systems will be delivered to customers during 2007–2008. The value of the received orders is approximately EUR 16 million. The orders have been booked in the final quarter of 2006.

The bulk cargo systems will be delivered to different bulk terminals in Europe, Africa and U.S.A. The terminal customers will handle either grain, alumina, cement or limestone with the systems. The delivered bulk cargo systems are of MacGREGOR’s Siwertell model, which are efficient to use and environmentally friendly. Their totally closed conveying system limits the amount of cargo dust released into the air.

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 8,000 people and has activities in more than 160 countries. Cargotec’s class B shares are listed on the Helsinki Stock Exchange.

www.cargotec.com

Press Release, January 2, 2007, at 9.45 a.m.

Finnish time Kalmar, the business area providing container handling solutions within Cargotec, has received a significant order for 247 terminal tractors from PSA Singapore Terminals, the world’s largest container transhipment hub. The delivery of the terminal tractors starts in mid-2007. The terminal tractors will be designed in Ottawa, Kansas, U.S.A., and assembly will be done mostly in Shanghai, China. Kalmar South East Asia will provide spare parts and service. The value of the order is approximately EUR 15 million and it has been booked in December 2006.