Cavotec names new Independent Board Director

Cavotec MSL Holdings Limited (CCC) | 9:03 am, Monday 13 October 2008

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Market Announcement
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Media Release
October 13th 2008

Cavotec names new Independent Board Director

Cavotec MSL is pleased to announce that it has elected by cooptation to the Board of Directors Christer Granskog, former CEO of Kalmar Industries, part of the Cargotec Corporation.

“On behalf of the Cavotec MSL Board of Directors, I would like to welcome Christer to Cavotec,” commented Stefan Widegren, the company’s Executive Chairman. “We look forward to his participation, drawing on his abilities and years of expertise in the Ports and Manufacturing industries. I am confident that Christer’s counsel will help our Board direct the expansion and future development of our global strategy.”

Cavotec is a global leader in innovative and environmentally friendly engineering solutions, supplying fully integrated systems to the maritime, airport, mining, and general industry sectors throughout the world.

To find out more about Cavotec, please visit our website at www.cavotec.com.

For further details on this press release, please contact Michael Scheepers, Cavotec MSL Corporate Communications Manager, at michael.scheepers@cavotec.com.

ENDS

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