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Cargotec Oyj (HEL:CGCBV) Cargotec Receives An Order For 15 Straddle Carriers With 2 Hybrid Straddle Carriers In The UK

Cargotec Oyj (HEL:CGCBV) Cargotec Corporation, Press Release, December 15, 2008 at 1 p.m. Finnish time

Cargotec's Kalmar business area has received an order to supply 15 of its ESC W straddle carriers to DP World Southampton in the UK. Two of the machines will be fitted with Kalmar's new hybrid technology package and the remaining 13 are capable of being upgraded to hybrids in the future. Kalmar, which provides container handling solutions, will deliver the equipment to DP World Southampton during the first half of 2009.

The order includes seven Kalmar ESC 350W straddle carriers capable of stacking 1-over-2 high with a lifting capacity of 50 tonnes and eight ESC 440W machines that can stack 1-over-3 high with a lifting capacity of 40 tonnes. All the machines feature Kalmar's latest enhanced 7th generation technology with electrical winch hoists.

The hybrid technology package is a modular option which will be fitted to one ESC 350W straddle carrier and one ESC 440W from this order. The package results in fuel savings of up to 25 or 30 per cent. By delivering more moves with less fuel, Kalmar estimates that this new technology can eliminate more than 50 tonnes of CO2 emissions per straddle carrier per year.

The unit prices for straddle carriers vary between EUR 700,000 - 900,000.

Further information for the press: Ilkka Annala, Vice President, Straddle Carriers, Kalmar Industries, tel. +358 40 5534851 Pauliina Koivunen, Communications Manager, Cargotec, tel. +358 400 253757

Further information for investors: Paula Liimatta, IR Manager, tel. +358 204 55 4634

Cargotec improves the efficiency of cargo flows by offering handling systems and the related services for the loading and unloading of goods. Cargotec's brands, Hiab, Kalmar and MacGREGOR, are global market leaders in their fields and their solutions are used on land and at sea - wherever cargo is on the move. Extensive services close to customers ensure the continuous usability of equipment. Cargotec is the technology leader in its field, its R&D focusing on innovative solutions that take environmental considerations into account. Cargotec's sales exceed EUR 3 billion and the company employs approximately 12,000 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki. www.cargotec.com

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Cargotec Oyj

http://www.cargotec.com

ISIN: FI0009013429

Stock Identifier: XHEL.CGCBV

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