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MANITOU (EPA:MTU) - Reply to today's JCB press release

Directive transparence : information réglementée Autres communiqués

22/02/2019 19:48

Reply to today's JCB press release

Ancenis, 22 February 2019 - Following J.C. Bamford Excavators Limited (JCB)
press release published today, Manitou BF wishes to make the following
corrections and clarifications.

Firstly, the judge dismissed JCB's application for interim injunctive relief on
the first patent.

The decision of the court relating to the second patent, to which JCB's press
release refers has no impact on the business of Manitou BF, its dealers or
equipment users.

Indeed, this preliminary decision applies to control systems (LLMC)
incorporated in certain models produced and sold before August 2017. These
models were discontinued in August 2017 and are no longer produced by Manitou
BF, a fact that was acknowledged by the decision, which does not constitute a
definitive first instance judgment and is wholly preliminary in nature. It
therefore does not in any way prejudge the final outcome of the proceedings on
the merits.

Since JCB's press release risked misleading the public, Manitou BF felt a duty
to set the record straight. Manitou BF has appealed the preliminary injunction
order to which JCB's press release refers.

Code ISIN: FR0000038606
Indices: CAC All-Tradable, CAC Ind. Engin. CAC Industrials, CAC Mid & Small,
CAC Small, Enternext PEA PME 150 Euronext(r) Family Business

FORTHCOMING EVENT

March 06, 2019 (after market closing): 2018 Results

The Manitou Group is a global market leader in rough-terrain handling. It
designs, manufactures, distributes and services equipment for construction,
agriculture and the industry.

The Group's product ranges include all-terrain fixed, rotating and heavy-duty
telehandlers, all-terrain, semi-industrial and industrial masted forklifts,
wheeled or tracked skid-steer loaders, backhoe loaders, access platforms,
truck-mounted forklifts, warehousing equipment and attachments.

Through its iconic brands - Manitou, Gehl, and Mustang - and its network of
1,500 dealers worldwide, the Group offers the best solutions by creating
optimum value for its customers.

With its registered office in France, in 2018 the Group recorded a revenue of
EUR1.9 billion in 140 countries, and it employs 4,400 people all committed to
delivering customer satisfaction.