Cargotec - Changes board/management/auditors

Cargotec's CFO Eeva Sipilä to leave the company

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 3 FEBRUARY 2016 AT 2.30 PM EET

Cargotec's CFO Eeva Sipilä to leave the company

Eeva Sipilä, Cargotec's Chief Financial Officer (CFO) will leave Cargotec to
take up the position of CFO at Metso Corporation.

Eeva Sipilä will continue in her current position and as a member of Cargotec's
Executive Board latest until the end of July, 2016. The process for finding her
successor has been started.

"I want to thank Eeva for many great achievements in building our finance
organisation and capabilities during her eight years in the position. I wish her
best of success with her new challenges", says Mika Vehviläinen, CEO of
Cargotec.


More information for media:
Leena Lie, SVP, Communications, tel. +358 20 777 4483, leena.lie@cargotec.com

More information for investors:
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084,
paula.liimatta@cargotec.com

Cargotec shapes the cargo handling industry for the benefit of its customers and
shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world. Their
global network is positioned close to customers and offers extensive services
that ensure a continuous, reliable and sustainable performance according to
customers' needs. Cargotec's sales totalled approximately EUR 3.4 billion in
2014 and it employs approximately 11,000 people. Cargotec's class B shares are
quoted on Nasdaq Helsinki Ltd under symbol CGCBV. www.cargotec.com

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