Public Listing of Cargotec Corporation on the Helsinki Stock Exchange

As of June 1, 2005, the shares of Cargotec Corporation will be traded on the Helsinki Stock Exchange's Main List.

Cargotec Corporation is the world’s leading provider of cargo-handling solutions for ships, ports, terminals and local distribution. Its three business areas, Kalmar, Hiab and MacGREGOR operate in materials hubs in ships, ports, terminals and local distribution. Kalmar provides solutions for container, trailer and other heavy material handling while Hiab supplies on-road load-handling solutions. MacGREGOR focuses on the design, delivery and servicing of marine cargo flow solutions. Net Sales (pro forma) of Cargotec were approximately EUR 1.9 billion in 2004 and operating profit (pro forma) was EUR 123 million. The company has approximately 7,300 employees. "We warmly welcome Cargotec to the Helsinki Stock Exchange," said Jouni Torasvirta, President of the Helsinki Stock Exchange and head of Cash Markets business area at OMX Exchanges. “Building Cargotec into a global market leader in its field is a result of a long development process. Today’s stock exchange listing is a new and interesting phase in this development. We are extremely excited and ready to take on the challenge of being a listed company,” states Cargotec’s President Carl-Gustaf Bergström. Photos of the listing ceremony of Cargotec will be available on the Helsinki Stock Exchange’s website at www.omxgroup.com/helsinkistockexchange after the ceremony. For more information, please contact: Anu Ilvonen, Communications Manager, OMX Exchanges +358 9 6166 7599