News Release

July 23, 2007

Raman Joshi promoted to director of marketing for Manitowoc Crane Group's Asia-Pacific region

In this newly created position, Joshi will assemble an Asia-based team of regional product managers, key country marketing managers and regional marketing communications specialists.

High Resolution Photograph

Manitowoc Crane Group has announced that Raman Joshi, global product manager for Manitowoc crawler cranes, has been promoted to director of marketing for MCG in the Asia-Pacific region, effective August 1. He will report to Bob Hund, vice president of worldwide marketing.

In this newly created position, Joshi will assemble an Asia-based team of regional product managers, key country marketing managers and regional marketing communications specialists.

Hund said Joshi would bring key skills and company knowledge to the role.

“Over the past two years Raman has developed the role of global product manager. As MCG’s first GPM he has developed a familiarity and expertise within our company,” Hund said. “This experience, along with his extensive business, marketing, and engineering background in the US and in Asia will serve Raman well in this new assignment. His professionalism, focus and ideas make him a great asset to our growing Asia-Pacific staff.”

Prior to joining MCG, Joshi most recently served as US sales and marketing manager for the NSK Corporation – a US subsidiary of Japanese company, NSK Ltd. – one of the world’s largest bearing manufacturers. Before that he spent four years working in Osaka, Japan as a project manager for a machine tool manufacturing company.

Joshi holds Bachelor’s of Science and Masters degrees in mechanical engineering. He also has an MBA from University of Michigan, Ann Arbor, US and is fluent in three languages: Hindi, English, and Japanese. He will be based in Singapore and is relocating there with his family.

A new global product manager for Manitowoc will be announced at a later date.

About The Manitowoc Company
The Manitowoc Company, Inc. is one of the world's largest providers of lifting equipment for the global construction industry, including lattice-boom cranes,tower cranes, mobile telescopic cranes, and boom trucks. As a leading manufacturer of ice-cube machines, ice/beverage dispensers, and commercial refrigeration equipment, the company offers the broadest line of cold-focused equipment for the foodservice industry. In addition, the company is a leading provider of shipbuilding, ship repair, and conversion services for government, military, and commercial customers throughout the U.S. maritime industry.

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For More Information Contact:

Tom CioniLeslie Shalabi
Manitowoc Crane GroupSE10 Creative
+1 920 683 6510+1 414 221 9407
tom.cioni@manitowoc.comshalabi@se10.com
©2008 The Manitowoc Company, Inc.