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The Manitowoc Company Revises Implementation Agreement With Enodis plc
May 28, 2008
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The Manitowoc Company, Inc. announced today that a revised implementation agreement has been entered into between Manitowoc and Enodis relating to Manitowoc's increased offer for Enodis announced on May 19, 2008. Enodis has publicly stated that the Enodis Board intends to recommend Manitowoc's Increased Offer when the scheme document is posted to Enodis shareholders, expected to be on June 9, 2008.

The revised implementation agreement provides, among other things, that the Enodis Board will cooperate with Manitowoc on the implementation of the proposed scheme of arrangement and that the Increased Offer will be implemented under substantially the same terms as Manitowoc's offer dated April 14, 2008.

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