Cargotec Share Ownership Plan 2007-2011 - Issue of Own Shares as Reward Payment


Cargotec Corporation, Stock Exchange Release, March 5, 2009 at 6:40
p.m. Finnish time

Cargotec Corporation's Board of Directors has decided on a directed
bonus issue of 31,356 Cargotec's class B shares owned by the Company
to the 61 participants of the Company's share-based incentive program
as reward payment for the earnings period 2007-2008. The decision of
the directed bonus issue is based on the authorization of the Annual
General Meeting of Shareholders held on March 5, 2009.

The incentive program for 2007-2011was decided on January 17, 2007
and it consists of four earnings periods, of which the first was two
years i.e. 2007-2008, and the following three periods one year each.
The Board of Directors decides on the target group of the earnings
period and their maximum reward at the beginning of each earnings
period. Potential rewards from the incentive program during 2007-2011
are based on achievement of five-year net sales and operating income
targets as defined in Cargotec's strategy. The shares distributed as
reward contain a prohibition to hand over or sell the shares within
one year of the end of an earnings period with the exception of the
final earnings period when no prohibitions are included.

The maximum amount to be paid out as shares from the incentive
program during 2007-2011 is 387,500 class B shares. After the
directed bonus issue decided on, Cargotec holds 2,959,369 of its
class B shares.

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