Cargotec - Changes board/management/auditors

Changes in Cargotec Corporation's Executive Board practices

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 21 MARCH 2013 AT 10.00 A.M. (EET)

Cargotec's Board of Directors has in its meeting on 20 March 2003 decided to
form an Extended Executive Board to support the company's Executive Board from
1 April 2013.

The members of Cargotec's Executive Board are President and CEO Mika
Vehviläinen, Executive Vice President and Chief Financial Officer Eeva Sipilä
and business area Presidents Mikael Mäkinen (MacGregor), Olli Isotalo (Kalmar)
and Axel Leijonhufvud (Hiab). Senior Vice President, General Counsel Outi
Aaltonen will act as Secretary to the Executive Board from 1 April 2013.

In addition to the Executive Board members above, the Extended Executive Board
will include the following members:
  * Outi Aaltonen, Senior Vice President, General Counsel
  * Stephen Foster, Senior Vice President, Corporate Audit
  * Soili Mäkinen, Chief Information Officer
  * Matti Sommarberg, Executive Vice President, Chief Technology Officer
  * Anne Westersund, Senior Vice President, Communications and Public Affairs

The main responsibilities of the Extended Executive Board include support for
the President and CEO and the Executive Board in business area reviews, major
projects, shared services and brand coordination.

Further information:
Anne Westersund, Vice President, Communications, tel. +358 20 777 4460


Cargotec improves the efficiency of cargo flows on land and at sea - wherever
cargo is on the move. Cargotec's brands MacGregor, Kalmar and Hiab 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 3.3 billion in 2012 and it employs
approximately 10,500 people. Cargotec's class B shares are quoted on NASDAQ OMX
Helsinki under symbol CGCBV. www.cargotec.com


[HUG#1686981]