MITSUBISHI CATERPILLAR FORKLIFT EUROPE HAS RECEIVED NECESSARY APPROVAL FROM THE FINNISH COMPETITION AUTHORITY REGARDING THE PUBLIC TENDER OFFER FOR ROCLA

MITSUBISHI CATERPILLAR FORKLIFT EUROPE B.V. PRESS RELEASE 11 November 2008 at
14:40 

MITSUBISHI CATERPILLAR FORKLIFT EUROPE HAS RECEIVED NECESSARY APPROVAL FROM THE
FINNISH COMPETITION AUTHORITY REGARDING THE PUBLIC TENDER OFFER FOR ROCLA 

Mitsubishi Caterpillar Forklift Europe B.V. ("MCFE"), a subsidiary of
Mitsubishi Heavy Industries, Ltd., announced on 23 October 2008 a public tender
offer to purchase all of the issued and outstanding shares and option rights in
Rocla Oyj ("Rocla") that are not owned by Rocla and not already owned by MCFE
or its group companies (the "Tender Offer"). The offer period under the Tender
Offer commenced on 10 November 2008. 

The completion of the Tender Offer is subject to the satisfaction or, where
permitted, waiver of the conditions to completion set out in the tender offer
document, including approval from the Finnish competition authority. MCFE has
today been informed that the Finnish Competition Authority has approved the
acquisition of Rocla pursuant to the Tender Offer by its decision dated 10
November 2008. 

The completion of the Tender Offer is still subject to other necessary
approvals from the relevant competition authorities and to the other conditions
to completion set out in the tender offer document. The offer period under the
Tender Offer expires on 12 December 2008. 

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/).