Cargotec Oyj (HEL:CGCBV) Share Subscriptions With Cargotec 2005B Option

Cargotec Oyj (HEL:CGCBV) Cargotec Corporation, Stock Exchange Announcement, December 19, 2008 at 10:30 a.m. Finnish time

Cargotec option rights were granted as part of the demerged Kone Corporation's year 2004 option program. In 2009, shares can be subscribed with Cargotec option rights according to the following time schedule:

+----------------------------------------------------------------+ | Share subscription deadline | Entry into the Trade Register by | |-----------------------------+----------------------------------| | February 27, 2009 | March 20, 2009 | |-----------------------------+----------------------------------| | March 31, 2009 | May 15, 2009 | +----------------------------------------------------------------+

Each Cargotec option right entitles the holder to subscribe for three (3) Cargotec class B shares. The share subscription price is EUR 8.59 per share.

According to the terms of the option program, the share subscription period with 2005B option rights will end on March 31, 2009.

For further information, please contact: Ulla Silvonen, Legal Assistant, tel. +358 204 55 4367

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