Cargotec Receives Order for Two Ship-to-Shore Cranes

22 november 2007Cargotec Corporation, Press Release, November 22, 2007 at 1 p.m. Finnish time Kalmar, the business area providing container handling solutions within Cargotec, has received an order for two ship-to-shore cranes (STS) from Belgium MSC Home Terminal. The STS cranes will be delivered during 2008 and the value of the order is approximately EUR 14 million. The STS cranes ordered by MSC Home Terminal are super post-Panamax cranes with an outreach of 24 containers. They are among the largest STS cranes in the world. The order brings the total number of Kalmar STS cranes operating in MSC Home Terminal to 19. Sender: Cargotec Corporation Kari Heinistö Senior Executive Vice President and CFO Eeva Mäkelä SVP, Investor Relations and Communications For further information, please contact: Pekka Vauramo, President, Kalmar, tel. +358 204 55 4873 Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 204 55 4281 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. www.cargotec.com