2009-01-21 09:30:00 CET

2009-01-21 09:30:00 CET


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Rocla Oyj - Company Announcement

ROCLA'S Q4/2008 LOSS GROWS BECAUSE OF THE DEVALUATION OF THE RUSSIAN RUBLE


ROCLA OYJ  STOCK EXCHANGE RELEASE 21 January, 2009 at 10.30 a.m.                

ROCLA'S Q4/2008 LOSS GROWS BECAUSE OF THE DEVALUATION OF THE RUSSIAN RUBLE      

Rocla published in January 2008 a stock exchange release according to which the 
result of the Group was going to remain negative on the last quarter of the year
2008. The net sales of the whole year 2008 were estimated to remain on the same 
level as in 2007 and the net profit would be close to zero. The strong          
devaluation of the Russian ruble in December 2008 has lead to the continued     
weakening of the Group's result. Rocla Oyj has euro-denominated receivables from
its subsidiary OOO Rocla RUS to such an amount that the weakening of the ruble  
has lead to a currency loss of about one million euros in the subsidiary. As a  
consequence, the result of the whole Group for 2008 will be clearly negative.   

Rocla will publish its 2008 financial statements bulletin on February 11, 2009. 

ROCLA OYJ                                                                       

Tapio Rummukainen                                                               
CEO                                                                             

DISTRIBUTION                                                                    
NASDAQ OMX Helsinki, The main media                                             

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.                                                          

Mitsubishi Caterpillar Forklift Europe B.V. (MCFE), a Dutch subsidiary to the   
Japanese company Mitsubishi Heavy Industries, Ltd., made a public tender offer  
for all the shares and option rights in Rocla Oyj on 23 October 2008. The offer 
resulted to an ownership of about 99% of all the shares of Rocla Oyj. 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 at fair value in accordance with Chapter 18,    
Section 1 of the Companies Act. MCFE has on 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.         

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/).