Cargotec - Company Announcement

Cargotec refinances EUR 300 million revolving credit facility

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 24 JANUARY 2011, AT 4:30 PM EET


Cargotec Corporation has signed a EUR 300 million five-year revolving credit
facility with a syndicate of four banks. It replaces a EUR 300 million facility
maturing in May 2012, which is currently undrawn. With refinancing and
prolonging the maturity, Cargotec strengthens its long-term liquidity and takes
advantage of the favourable market conditions.

Mandated Lead Arrangers and Book Runners for the facility were Danske Bank A/S,
Nordea, Pohjola Bank plc and SEB.


For further information please contact,
Pekka Reijonen, Senior Vice President, Treasury, tel. +358 20 455 4856


Cargotec improves the efficiency of cargo flows on land and at sea - wherever
cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are
recognised leaders in cargo and load handling solutions around the world.
Cargotec's global network is positioned close to customers and offers extensive
services that ensure the continuous, reliable and sustainable performance of
equipment. Cargotec's sales totalled EUR 2.6 billion in 2009 and it employs
approximately 9,800 people. Cargotec's class B shares are quoted on the NASDAQ
OMX Helsinki. www.cargotec.com

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