Hiab Oyj

Capital/Financing Update • Mar 24, 2014

Disclosure 313869

Cargotec - Company Announcement

Cargotec issues a EUR 150 million bond

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 24 MARCH 2014 AT 4.45 PM EET Cargotec issues a EUR 150 million bond Cargotec Corporation issues a senior unsecured bond of EUR 150 million. The six- year bond matures on 31 March 2020 and it carries a fixed annual interest of 3.375 percent. The offering was allocated to approximately 70 investors. Cargotec will apply for the listing of the bond on NASDAQ OMX Helsinki Ltd. The proceeds from the bond offering will be used for general corporate purposes. Danske Bank A/S and Nordea Markets acted as lead managers for the transaction. Further information: Eeva Sipilä, Executive Vice President and CFO, tel. +358 20 777 4104 Pekka Reijonen, Vice President, Treasury, tel. +358 20 777 4148 Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084 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 3.2 billion in 2013 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com [HUG#1771305]