Cargotec - Company Announcement

Cargotec wins major port automation contract in Los Angeles, USA

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 14 OCTOBER 2011 AT 11 A.M. (EEST)

Cargotec has won a contract to supply ten state-of-the-art Kalmar automatic
stacking cranes and 17 customer specific automatic shuttle carriers to leading
terminal services' provider TraPac Inc, in Los Angeles, USA. The equipment will
be delivered to TraPac Inc, a subsidiary of Mitsui OSK Lines, in 2012 and 2013.
The parties have agreed not to disclose the value of the order. The order has
been booked in the third quarter of 2011.

Lennart Brelin, Cargotec Executive Vice President, Americas said this order
reinforced the company's position as a leading supplier in port automation."Since 1990, we have steadily developed our track record in the field of port
automation and this order would not have been achieved without our recent
efforts in port automation. This is our first large automation order in the
Americas region and it strengthens our position globally in port automation."

Cargotec's strategy is to focus on customers and to invest in attractive
customer segments. In June this year Cargotec announced the opening of its
Technology and Competence Centre in Singapore which, in cooperation with the
Technology and Competence Centre in Tampere, Finland, focuses on developing
automation systems. Cargotec is building the world's largest port automation
test area to Tampere to facilitate the testing and simulation of various
solutions, including automated equipment and fleets, navigation systems and
remote steering and control.

To support its customer focused strategy, Cargotec acquired terminal operating
systems provider Navis earlier this year. Together, Cargotec and Navis will be
able to offer solutions to ports. Cargotec also unveiled plans to establish a
joint venture with Jiangsu Rainbow Heavy Industries Co Ltd in China to provide
leading heavy crane solutions globally.

Further information for the press:
Lennart Brelin, Executive Vice President, Americas, tel: + 1 419 482 6840
Anne Westersund, Vice President Communications and Marketing, tel: +
358 20 777 4460

Further information for investors:
Paula Liimatta, Investor Relations Manager, tel. +358 20 777 4084

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 2010 and it employs
approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX
Helsinki under symbol CGCBV. www.cargotec.com

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