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Terex Awarded USMC Contract For All-Terrain Cranes
 WESTPORT, CT, December 7, 2005 – Terex Corporation (NYSE: TEX) announced today that it has been awarded a contract by the US Marine Corps (“USMC”), Marine Corps Systems Command, Quantico, VA, to supply military all-terrain cranes (“MAC”) through its Terex Government Programs contracting office in Stafford, VA. The USMC award is for a potential delivery of up to 130 cranes with a total potential contract value of up to $88.6 million. The initial delivery order is for production of four cranes with accessories, factory testing, limited logistics support and training for a value of $5.9 million. Terex Corporation will be delivering the first four 50-metric ton, all-terrain cranes to the USMC by July 2006 for required verification testing at Aberdeen Proving Grounds. Full rate production and fielding approval is anticipated by 2007.
The Terex MAC-50 crane being supplied to the USMC is based on the Terex Demag AC-50-1 all-terrain commercial crane, modified to meet demanding USMC-specified military requirements. Unique aspects of the Terex MAC-50 configuration include salt-water fording capability up to 60 inches, US bridge law requirements compliance, and a drive train consisting of a Cummins engine and Allison transmission. Terex will be manufacturing its MAC-50 cranes at its Terex Demag plant in Zweibruecken, Germany. The Terex MAC-50 cranes will be supported logistically world-wide through Terex American Cranes, located in Wilmington, North Carolina.
“Terex Corporation has assembled a world class project team centered around Terex Demag, with excellent engineering and military program management capability,” stated Tom Manley, Vice President – Terex Government Programs. “Dr. Oliver Fries, Project Team Lead, Mr. Jurgen Appel, Lead Engineer, and all associated team members have done an exceptional job in translating Marine Corps performance requirements into production of the Terex MAC-50 crane. The entire Terex Corporation team takes great pride in winning the USMC MAC contract.”
Terex Corporation is a diversified global manufacturer with 2004 net sales of approximately $5 billion. Terex operates in five business segments: Terex Construction, Terex Cranes, Terex Aerial Work Platforms, Terex Materials Processing & Mining, and Terex Roadbuilding, Utility Products and Other. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, recycling, surface mining, shipping, transportation, refining, utility and maintenance industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information on Terex can be found at www.terex.com.
For information contact:
Tom Gelston, Director - Investor Relations (203) 222-5943
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