MITSUBISHI CATERPILLAR FORKLIFT EUROPE B.V. TO MAKE A PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS IN ROCLA OYJ

MITSUBISHI CATERPILLAR FORKLIFT EUROPE B.V.     PRESS RELEASE   23 October 2008
at 8:00 am 

MITSUBISHI CATERPILLAR FORKLIFT EUROPE B.V. TO MAKE A PUBLIC TENDER OFFER FOR
ALL THE SHARES AND OPTION RIGHTS IN ROCLA OYJ 

Mitsubishi Heavy Industries, Ltd. ("MHI"), Mitsubishi Caterpillar Forklift
Europe B.V. ("MCFE") and Rocla Oyj ("Rocla") have today entered into a
Combination Agreement whereby MCFE, a subsidiary of MHI, will make a public
tender offer to purchase all of the issued and outstanding shares and option
rights in Rocla that are not owned by Rocla and not already owned by MCFE or
its group companies (the "Tender Offer"). MCFE, together with its group
companies, currently owns 28.1 per cent of the shares and votes in Rocla. 

The price offered will be EUR 13.00 per share in cash. The offer price
represents a premium of 100.0 per cent compared to the closing price of the
Rocla shares on NASDAQ OMX Helsinki Ltd. ("NASDAQ OMX Helsinki") on 22 October
2008, the last trading day preceding this announcement, and a premium of 49.7
per cent compared to the volume-weighted average trading price of the Rocla
shares on NASDAQ OMX Helsinki during the last 3 months and 44.6 per cent
compared to the volume-weighted average trading price during the last 6 months. 

Rocla shareholders Etra-Invest Oy Ab, EVK-Capital Oy and Eero Karvonen,
representing in total 27.7 per cent of the shares and votes in Rocla, have
undertaken irrevocably and unconditionally to accept the Tender Offer. As at
the date hereof, Rocla's share capital amounts to EUR 4,264,788 and the number
of shares issued to 4,264,788. 

MCFE will also offer to acquire all of the 2008 option rights issued by Rocla
and granted to holders for a price of EUR 2.07 in cash for each option right. 

The Board of Directors of Rocla unanimously recommends the shareholders to
accept the Tender Offer. The Board of Directors will issue its complete
statement on the Tender Offer in accordance with the Finnish Securities Market
Act on 7 November 2008 at the latest. The Board of Directors has obtained a
fairness opinion from Icecapital Securities Ltd., according to which the price
offered in the Tender Offer is fair, from a financial point of view, to the
shareholders in Rocla. 

BACKGROUND AND REASONS FOR THE TENDER OFFER 

Rocla is a leading manufacturer of electric warehouse equipment with a
significant market share in Finland and the Baltic countries. In addition to
its comprehensive range of warehouse trucks and services, Rocla has reinforced
its technological leadership with the development of a range of automated
guided vehicle solutions where it currently holds a strong market position. 

Rocla's extensive network of direct distribution in Finland, Estonia, Denmark
and Russia is complemented by a growing number of regional dealers in fast
developing markets. 

MHI is one of the leading global manufacturers of forklift trucks. Through the
Mitsubishi Caterpillar Forklift companies ("MCF companies") formed as joint
ventures with Caterpillar Industrial Inc., both Mitsubishi Forklift Trucks and
Cat Lift Trucks are distributed worldwide. As the European market sees steady
high growth rates in the warehouse equipment industry, the acquisition of
Rocla's warehouse equipment solutions enhances the existing forklift truck
business and enables MHI and the MCF companies to develop and expand their
business in accordance with their European and overall growth strategy. 

"MHI is committed to broadening its product and solutions portfolio, increasing
exposure to high growth regions and continuing to improve operational
efficiency and benefits of scale. We are therefore delighted to announce the
addition of Rocla to the MHI Group, from an already successful partnership,
representing a strategic step in the creation of a leading provider of an
integrated offering of forklift trucks and warehouse equipment to customers",
says Katsuhiko Yoshida, Executive Vice President of MHI. 

The combined product and service offering of MHI and Rocla will accelerate the
transition from product supplier to solutions provider to existing customers,
as well as becoming a more attractive partner to large international and
national customers. 

"MHI has extensive and strong distribution networks and manufacturing
capabilities in all key European markets and globally. Rocla is very excited
about the opportunity to gain access to MHI's global platform to expand the
distribution of its technically advanced warehouse equipment offering into new
geographic markets as well as to access larger clients" says Vesa Puttonen,
Chairman of the Rocla Board. 

The combination of MCFE and Rocla is expected to provide substantial growth
opportunities for Rocla and will generate significant potential to improve
operational excellence through sharing of best practices, especially in areas
such as purchasing, sourcing and manufacturing, as well as benefit from MHI's
advanced technologies, product development and R&D. Retention of Rocla's
existing management team, employees, brand, service network and manufacturing
facilities will be key in order to best utilize Rocla's strengths. To enhance
the integration process, relevant staff from MHI and MCFE will join the Rocla
organization, and a joint integration committee will be established between
MHI, MCFE and Rocla. 

TERMS AND CONDITIONS OF THE TENDER OFFER 

The acceptance period is expected to commence on 10 November 2008 and run for
approximately five (5) weeks. MCFE reserves the right to extend or discontinue
the acceptance period in accordance with the terms and conditions of the Tender
Offer. 

The completion of the Tender Offer will be subject to the following conditions:

1) the receipt of all necessary regulatory approvals, permits and consents,
including competition clearances, on terms acceptable to MCFE; 

2) the abolishment of the redemption clause from the Articles of Association of
Rocla by the Extraordinary General Meeting of Shareholders of Rocla to be
convened for such purpose; 

3) no event, circumstance or change having occurred after this announcement of
the Tender Offer that results in or constitutes, or that can reasonably be
expected to result in or constitute, a material adverse change (as defined in
the terms and conditions of the Tender Offer); 

4) MCFE not, after this announcement of the Tender Offer, having received
information previously undisclosed to it that has resulted in or constituted,
or that can reasonably be expected to result in or constitute, a material
adverse change (as defined in the terms and conditions of the Tender Offer); 

5) no court or regulatory authority of competent jurisdiction having given an
order or issued any regulatory action preventing, postponing or materially
challenging the consummation of the Tender Offer; and 

6) the Combination Agreement between MHI, MCFE and Rocla not having been
terminated and remaining in force. 

MCFE will reserve the right to complete the Tender Offer even if the conditions
to completion of the Tender Offer would not be fulfilled. 

The Board of Directors of Rocla recommends the shareholders to vote in favor of
the abolishment of the redemption clause from the Articles of Association of
Rocla at the Extraordinary General Meeting of Shareholders of Rocla referred to
in condition 2 above. Further, under the irrevocable undertakings entered into
by Etra-Invest Oy Ab, EVK-Capital Oy and Eero Karvonen, these shareholders have
undertaken to vote in favor of such abolishment. 

As regards the regulatory approvals referred to in condition 1 above, the
national competition authorities will be notified of the Tender Offer in
Finland, Germany and Russia. MCFE expects to receive the necessary clearances
within the anticipated acceptance period following a first phase investigation
by the relevant authorities. 

The Tender Offer will be financed through MCFE's existing cash balances and
credit lines and the Tender Offer will not be conditional upon obtaining
financing for the Tender Offer. 

Detailed terms and conditions of the Tender Offer will be included in the
Tender Offer document expected to be published by MCFE on 10 November 2008. 

COMBINATION AGREEMENT

The Combination Agreement between MHI, MCFE and Rocla sets forth the principle
terms under which MCFE will make the Tender Offer. Under the Combination
Agreement, the Board of Directors of Rocla has undertaken, in the event of a
competing offer, not to withdraw the recommendation for MCFE's Tender Offer
unless required to do so by the fiduciary duties of the Board of Directors
under applicable laws and regulations. The Board has also agreed not to,
directly or indirectly, initiate or encourage any proposals for transactions
competing with MCFE's Tender Offer and, subject to its fiduciary duties, not to
facilitate any such competing proposals. The Combination Agreement further
includes representations, warranties and undertakings by Rocla customary in
transactions of a similar nature, such as conduct of business in the ordinary
course of business and cooperation by the parties in necessary regulatory
filings and in completing the Tender Offer in the most expeditious manner
practicable. 

Pursuant to the Combination Agreement, MCFE's intention is to purchase all the
shares and option rights in Rocla and to cause the shares of Rocla to be
delisted from NASDAQ OMX Helsinki as soon as permitted and practicable under
applicable laws and regulations. 

ADVISORS

Citi acts as MCFE's financial advisor and Roschier, Attorneys Ltd. as MCFE's
legal advisor in connection with the Tender Offer. 

Icecapital Securities Ltd. acts as Rocla's financial advisor in connection with
the Tender Offer and Attorneys at law Borenius & Kemppinen Ltd. acts as Rocla's
legal advisor in connection with the due diligence and Tender Offer process. 


MITSUBISHI CATERPILLAR FORKLIFT EUROPE B.V.
Board of Directors


INFORMATION REGARDING MITSUBISHI HEAVY INDUSTRIES, LTD.
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one
of the world's leading heavy machinery manufacturers, with consolidated sales
of 3,203 billion yen in the fiscal year ended March 31, 2008. MHI's diverse
lineup of products and services encompasses shipbuilding, power plants,
chemical plants, environmental equipment, steel structures, industrial and
general machinery, aircraft, space rocketry and air-conditioning systems. 

For more information, please visit the MHI website
(http://www.mhi.co.jp/en/index.html) and MCFE website
(https://www.mcfe.com/mcfe/). 

INFORMATION REGARDING ROCLA OYJ
Rocla Oyj, headquartered in Järvenpää, Finland has been listed on the Helsinki
Stock Exchange's Main List since 1997. Rocla's consolidated 2007 sales were EUR
124.9 million. Rocla develops, manufactures and markets electric warehouse
trucks and automated guided vehicles (AGVs) and related services and solutions
during their lifespan. 

For more information visit the Rocla website (http://www.rocla.com).

FURTHER INFORMATION
For further information, please contact:

Jon Huizinga, Vice President, Mitsubishi Caterpillar Forklift Europe B.V.,
HRG.mail@mcfe.nl, tel. +31 (0) 36 549 4411 

Vesa Puttonen, Chairman of the Rocla Board, tel. +358 (0) 40 7090 284

Representatives of MHI, MCFE and Rocla will be available for discussions with
representatives of media today, 23 October 2008, from 1:00 p.m. until 2:00 p.m.
at the offices of Roschier, Attorneys Ltd. at Keskuskatu 7 A, Helsinki. 

THE TENDER OFFER IS NOT BEING MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION
WHERE PROHIBITED BY APPLICABLE LAW AND THIS PRESS RELEASE IS NOT AND MAY NOT BE
DISTRIBUTED, FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION WHERE
PROHIBITED BY APPLICABLE LAW BY ANY MEANS WHATSOEVER INCLUDING, WITHOUT
LIMITATION, MAIL, FACSIMILE TRANSMISSION, E-MAIL OR TELEPHONE.