2008-12-23 14:00:00 CET

2008-12-23 14:00:01 CET


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Rocla Oyj - Tender offer

REDEMPTION RIGHT AND CLAIM UNDER CHAPTER 18, SECTION 1 OF THE COMPANIES ACT REGARDING SHARES IN ROCLA OYJ


ROCLA OYJ STOCK EXCHANGE RELEASE 	23 December 2008 at 3.00 p.m.                 

REDEMPTION RIGHT AND CLAIM UNDER CHAPTER 18, SECTION 1 OF THE COMPANIES ACT     
REGARDING SHARES IN ROCLA OYJ                         

Rocla Oyj (“Rocla”) has today been notified by Mitsubishi Caterpillar Forklift  
Europe B.V. (“MCFE”) of its redemption right and claim under the Companies Act. 
MCFE holds approximately 99.3 per cent of all the shares and votes in Rocla,    
excluding the treasury shares held by Rocla. Rocla has thus become a subsidiary 
of MCFE.                                                                        

MCFE has pursuant to its ownership exceeding nine tenths (9/10) gained a right  
to redeem all shares held by any other remaining shareholders in Rocla (the     
“Shares” and each of them separately, a “Share”) at fair value in accordance    
with Chapter 18, Section 1 of the Companies Act. MCFE has today 23 December 2008
notified Rocla of its decision to exercise its redemption right and presented   
its redemption claim for the remaining shares in Rocla in accordance with the   
Companies Act. The content of MCFE's redemption claim is substantially as       
follows:                                                                        

1. Redemption Price for the Shares                                              

The redemption price for the Shares (“Redemption Price”) is EUR 13 per Share    
which is the same price as the consideration paid by MCFE in the voluntary      
public tender offer for all the shares and option rights in Rocla that are not  
owned by Rocla and not already owned by MCFE or its group companies announced on
23 October 2008 (“Tender Offer”). By virtue of the Tender Offer, MCFE has gained
ownership to 99.0 per cent of all the shares that were covered by the Tender    
Offer, and thus increased its holding over the 9/10 threshold to 99.3 per cent  
of all the shares and votes in Rocla, excluding the treasury shares held by     
Rocla. Accordingly, the Redemption Price of EUR 13 per Share shall be considered
as the fair value of the Shares in accordance with the Companies Act.           

2. Transfer Tax and Payments                    

Possible transfer tax collected in Finland deriving from the redemption of the  
Shares as well as the payments and charges arising from book-entry registrations
carried out as a consequence of the redemption will be borne by MCFE.           

More detailed background on MCFE's redemption notification and claim and the    
consideration offered in the Tender Offer may be found in the Tender Offer      
Document dated 6 November 2008, which is available both in Finnish and in       
English at Danske Markets Capital Finance premises at Fabianinkatu 23, FI-00130 
Helsinki, Finland and on the internet at www.rocla.com.                         

MCFE has informed Rocla that in order to implement the redemption of the Shares 
as referred to in the redemption notification and claim, MCFE will initiate     
arbitration proceedings as provided in the Companies Act.                       


INFORMATION REGARDING ROCLA OYJ                                                 

Rocla Oyj, headquartered in Järvenpää, Finland has been listed on the Helsinki  
Stock Exchange's Main List since 1997. Rocla's consolidated 2007 sales were EUR 
124.9 million. Rocla develops, manufactures and markets electric warehouse      
trucks and automated guided vehicles (AGVs) and related services and solutions  
during their lifespan.                                                          

For more information visit the Rocla website (http://www.rocla.com).            

INFORMATION REGARDING MITSUBISHI HEAVY INDUSTRIES, LTD.                         

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one  
of the world's leading heavy machinery manufacturers, with consolidated sales of
3,203 billion yen in the fiscal year ended March 31, 2008. MHI's diverse lineup 
of products and services encompasses shipbuilding, power plants, chemical       
plants, environmental equipment, steel structures, industrial and general       
machinery, aircraft, space rocketry and air-conditioning systems.               

For more information, please visit the MHI website                              
(http://www.mhi.co.jp/en/index.html) and MCFE website                           
(https://www.mcfe.com/mcfe/).                                                   


In Helsinki this 23rd day of December 2008                                      


Rocla Oyj                                                                       
The Board of Directors                                                          


Distribution:                                                                   

NASDAQ OMX Helsinki                                                             
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