Breakthrough for Konecranes straddle carriers in Germany Konecranes has in August received a major order from German container terminal and logistics company Eurogate Container Terminal Hamburg GmbH. The order comprises ten straddle carriers for container handling and a service agreement for the warranty period. The straddle carriers will be delivered in February 2008. The total value of the order is not public, but typically the price of similar cranes is in the range of EUR 650,000-850,000. Eurogate Container Terminal Hamburg GmbH is part of Eurogate Group, the largest terminal operator in Europe. The company is making investments in two of its nine terminals, the Bremerhaven terminal and the Hamburg terminal. The ordered equipment will be delivered to the terminal in Hamburg and will partly replace old equipment and partly increase terminal capacity in response to increased demand. Eurogate chose Konecranes straddle carriers as they incorporate the latest technology and because of the good service offering. “This order is strategically important for us,” says Helmut Hemesath, Director at Konecranes. “This is Konecranes' first crane delivery to Eurogate, which is one of the biggest customers for straddle carriers with almost 300 units in its fleet. The order is a significant reference for us and a major step in the straddle carrier market.” The straddle carriers ordered represent the latest technology on the market, including new steering and brake systems developed by Konecranes. The cranes have a lifting capacity of 50 tonnes and can stack containers 1 over 3 high. They will be used for moving and stacking containers in the container yard. Further information: Press Jyrki Melaanvuo, Director, Yard cranes e-mail: jyrki.melaanvuo@konecranes.com or phone: +358 20 427 2666 Financial Media and Analysts Mikko Uhari, President, Heavy Lifting e-mail: mikko.uhari@konecranes.com or phone: +358 20 427 2500 This press release together with a downloadable picture is available at our website www.konecranes.com Caption: “Konecranes will supply ten straddle carriers to Eurogate Container Terminal Hamburg GmbH.” Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions and services for lifting equipment of every make. In 2006, Group sales totaled EUR 1483 million. The Group has 8,000 employees, at more than 370 locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock Exchange (symbol: KCR1V). www.konecranes.com