Rocla Oyj STOCK EXCHANGE RELEASE Dec 15 2008 at 5.30 p.m. NOTIFICATION REFERRED TO IN CHAPTER 2, SECTION 9 OF THE SECURITIES MARKET ACT Rocla Oyj has received today a notification referred to in chapter 2, section 9 of the securities market act concerning the shares of Rocla Oyj. ROCLA OYJ Hilkka Webb CFO Distribution NASDAQ OMX Helsinki Main media NOTIFICATION REFERRED TO IN CHAPTER 2, SECTION 9 OF THE SECURITIES MARKET ACT ON A CHANGE IN HOLDINGS The offer period in the public tender offer (the “Tender Offer”) by Mitsubishi Caterpillar Forklift Europe B.V. (“MCFE”), a subsidiary of Mitsubishi Heavy Industries, Ltd. (“MHI”), for all of the issued and outstanding shares and option rights in Rocla Oyj (“Rocla”) that are not owned by Rocla or the MHI group of companies commenced on 10 November 2008 and expired on 12 December 2008. MCFE has today, on 15 December 2008, announced the preliminary result of the Tender Offer according to which the shares tendered in the Tender Offer, together with the Rocla shares already owned by MCFE and its group companies, represent approximately 98.6 % of all the shares and voting rights in Rocla. Together with the treasury shares owned by Rocla, these shares represent approximately 99.2 % of all the shares and voting rights in Rocla. In addition, all the outstanding option rights have been tendered into the Tender Offer. Further, MCFE and Mitsubishi Caterpillar Forklift America Inc. (“MCFA”) which is also a subsidiary of MHI, have today, on 15 December 2008, entered into an agreement pursuant to which MCFA will sell to MCFE all of the shares held by MCFA in Rocla, representing approximately 14.07 % of all the shares and voting rights in Rocla. The share transfer will be effected on 16 December 2008. The purchase price in the transaction was EUR 13.00 per each Rocla share, i.e. the same price that MCFE has offered to pay for each Rocla share in the Tender Offer. Upon the completion of the share transfer, MCFE will be the only entity in the MHI group of companies holding Rocla shares. At the date hereof, i.e. prior to the completion of the Tender Offer and the transfer of MCFA's holding in Rocla to MCFE, MCFE's holding in Rocla amounts to approximately 14.07 % of all the shares and voting rights in Rocla. In accordance with Chapter 2, Section 9 of the Securities Market Act we hereby notify the Financial Supervision Authority and Rocla that the holding of MCFE in Rocla upon the settlement of the completion trades of the Tender Offer and upon the transfer of MCFA's holding in Rocla to MCFE will exceed 2/3 of the shares and voting rights in Rocla as follows: Name of the target company Rocla Oyj, Business Identity Code 0124294-1. Date of change in holdings Title to the Rocla shares purchased by MCFE from MCFA will pass to MCFE on 16 December 2008. The completion trades with respect to the shares tendered in the Tender Offer will be executed in accordance with the terms and conditions of the Tender Offer no later than on 18 December 2008, and with respect to the option rights tendered no later than on 23 December 2008. The completion trades will be settled on or about 23 December 2008, upon which time title to the shares and option rights tendered pursuant to the Tender Offer will pass to MCFE against payment of the offer consideration. Exact proportion of shares and voting rights in Rocla Upon the settlement of the completion trades and the transfer of MCFA's holding in Rocla to MCFE, MCFE's holding in Rocla will be as follows: -------------------------------------------------------------------------------- | Number of shares | Proportion of shares | Proportion of voting | | | | rights | -------------------------------------------------------------------------------- | 4,203,670 | 98.6 % | 98.6 % | -------------------------------------------------------------------------------- The registered share capital of Rocla comprises a total of 4,264,788 shares entitling to 4,264,788 votes. At the date hereof, Rocla has in addition issued a total of 106,000 option rights which entitle to subscribe for 106,000 Rocla shares. Should MCFE after the settlement of the completion trades decide to subscribe for new shares in Rocla based on the option rights tendered pursuant to the Tender Offer, MCFE's holding in Rocla would be as follows: -------------------------------------------------------------------------------- | Number of shares | Proportion of shares* | Proportion of voting | | | | rights* | -------------------------------------------------------------------------------- | 4,309,670 | 98.6 % | 98.6 % | -------------------------------------------------------------------------------- Shareholder's full name, Registration Number Mitsubishi Heavy Industries, Ltd., registration number 0104-01-050387. Mitsubishi Caterpillar Forklift Europe B.V., registration number 39052636. * Assuming that all option rights would be converted into shares and that only new shares would be issued on the basis of the share subscriptions, in which case the number of issued and outstanding shares in Rocla would amount to a total of 4,370,788. In Helsinki on 15 December 2008 MITSUBISHI HEAVY INDUSTRIES, LTD. MITSUBISHI CATERPILLAR FORKLIFT EUROPE B.V.