Cargotec - Decisions of general meeting

Decisions Taken at Cargotec Corporation's Annual General Meeting

Cargotec Corporation, Stock Exchange Release, March 5, 2009 at 3:50
p.m. Finnish time

Cargotec Corporation's Annual General Meeting was held today, March
5, 2009 in Helsinki.

The Annual General Meeting approved a dividend of EUR 0.59 per each
of class A shares and EUR 0.60 per each of class B shares outstanding
be paid. The dividend will be paid to shareholder who on the record
date for dividend distribution, March 10, 2009, is registered as
shareholder in the Company's share register. The dividend payment
date is March 17, 2009.

The meeting approved the financial statements and consolidated
financial statements. The meeting granted discharge from liability to
the President and CEO and the members of the Board of Directors for
the accounting period January 1-December 31, 2008.

The number of the members of the Board of Directors was confirmed at
six according to the proposal of the Board's Nomination and
Compensation Committee. Tapio Hakakari, Ilkka Herlin, Peter Immonen,
Karri Kaitue, Antti Lagerroos and Anja Silvennoinen were elected to
the Board of Directors. The meeting decided according to the
proposals of Nomination and Compensation Committee that a yearly
remuneration of EUR 80,000 be paid for the Chairman, EUR 55,000 for
the Deputy Chairman and EUR 40,000 for the other Board members. In
addition, it was decided that members receive EUR 500 for attendance
at Board and Committee meetings. The meeting decided that 30 per cent
of the yearly remuneration of the members of the Board will be paid
in Cargotec Corporation's class B shares and the rest in money.

Authorized public accountants Johan Kronberg and
PricewaterhouseCoopers Ltd were re-elected as auditors according to
the proposal of the Audit Committee of Cargotec Corporation's Board
of Directors. The auditors' fees were decided to be paid according to
invoice.

The Annual General Meeting authorised the Board of Directors of
Cargotec to decide on acquisition of own shares with non-restricted
equity. The shares may be acquired in order to develop the capital
structure of the Company, finance or carry out possible acquisitions,
implement the Company's share-based incentive plans, or to be
transferred for other purposes or to be cancelled. Altogether no more
than 6,400,000 own shares may be purchased, of which no more than
952,000 are class A shares and 5,448,000 are class B shares.

The Annual General Meeting authorised the Board to decide on issuance
of a maximum of 6,400,000 treasury shares, of which no more than
952,000 are class A shares and 5,448,000 are class B shares, in one
or more lots. The share issue can be directed and it is to be used to
as compensation in acquisitions and in other arrangements, to finance
acquisitions or for personnel incentive purposes. Both authorisations
shall remain in effect for a period of 18 months from the date of
decision of the Annual General Meeting.

For further information, please contact:

Kari Heinistö, Senior Executive Vice President, Secretary to Board of
Directors,
tel. +358 204 55 4256

Eeva Sipilä, CFO, tel. +358 204 55 4281

Minna Karhu, Vice President, Corporate Communications, tel. +358 204
55 4630

Cargotec improves the efficiency of cargo flows by offering handling
systems and the related services for the loading and unloading of
goods. Cargotec's brands, Hiab, Kalmar and MacGREGOR, are global
market leaders in their fields and their solutions are used on land
and at sea - wherever cargo is on the move. Extensive services close
to customers ensure the continuous usability of equipment. Cargotec
is the technology leader in its field, its R&D focusing on innovative
solutions that take environmental considerations into account.
Cargotec's sales total EUR 3.4 billion and it employs approximately
12,000 people. Cargotec's class B shares are quoted on the NASDAQ OMX
Helsinki.

www.cargotec.com