Cargotec - Corporate Action

Cargotec Shares Subscribed with Option Rights

Cargotec Corporation, Stock Exchange Announcement, October 1, 2007 at
2:15 p.m. Finnish time

A total of 2,850 Cargotec class B shares were subscribed for with
2005A and 2005B option rights in September 2007. The corresponding
increase in Cargotec Corporation's share capital will be, in
accordance with the time schedule published earlier, entered into the
Finnish Trade Register by October 31, 2007 together with the 2,850
shares subscribed for in August 2007. Trading of the new shares,
together with the existing class B shares, will commence on the
Helsinki Stock Exchange after the entry of the new shares into the
Trade Register.

Sender:
Cargotec Corporation

Kari Heinistö
Senior Executive Vice President and CFO

Eeva Mäkelä
SVP, Investor Relations and Communications

For further information, please contact:
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358
204 55 4281

Cargotec is the world's leading provider of cargo handling solutions
whose products are used in the different stages of material flow in
ships, ports, terminals, distribution centers and local
transportation. Cargotec Corporation's brands, Hiab, Kalmar and
MacGREGOR, are market leaders in their fields and well-known among
customers all over the world. Cargotec's sales are EUR 2.8 billion.
The company employs over 10,000 people and operates in close to 160
countries. Cargotec's class B shares are quoted on the Helsinki Stock
Exchange.

www.cargotec.com