Liebherr Press Breakfast

at Bauma China 2008

November 26, 2008

Liebherr in China: Activities of the Group

and exhibits at bauma China 2008

presented by

Dr. Stefan Gilch

Managing Director Liebherr Machinery Service (Shanghai) Co. Ltd.

Shanghai (P.R. China)

����Ladies and Gentlemen,

����as Winfried Boehm mentioned, I will now give you an overview of our relief project in Sichuan province and then talk about our activities in China in general. Afterwards I would like to say a few words about Liebherr��s earthmoving products and about Liebherr tower cranes and mixing technology here at bauma China. Christoph Kleiner will conclude our press conference with remarks on Liebherr��s mobile cranes division and its activities on the Chinese market.

����As you know, on May 12, 2008, an earthquake measuring 8.0 on the Richter scale hit Sichuan Province causing the death of thousands of people and leaving many people homeless. Strong aftershocks continued to hit the area even months after the main quake and caused new casualties and damage.

����Many relief projects have been brought into being in order to improve lifes of people who were affected by the earthquake. Liebherr wants to contribute to this and therefore has decided to support a project for the reconstruction of an old people��s home in a district of the City of Gu Cheng in Sichuan��s Pingwu County. The project is financed by Liebherr and implemented together with the two charity organisations Malteser International and Caritas Internationalis which are represented in China by Jinde Charities.

����In Liujiaba, a village 5 km off the City of Gucheng, a new home for the aged is going to be erected on a total area of about 4,200 sqm. This facility will offer living space for (about 120) needy elderly people from the villages of Gu Cheng and the surrounding villages of Gao Cun and Shui Tian. Currently a former school building is standing on the site that has been damaged by the earthquake. This building will be replaced by the old people��s home, a rehabilitation center and an office for social welfare. The construction work is expected to be finished in the course of the year 2009.

����The aim of the project is to offer needy elderly people from the surrounding villages an adequate accommodation and provide them with easy access to care, taking into consideration a possible impairment of their physical and mental constitution. In addition to that, the facility will create new capacities for the general care for earthquake victims in Sichuan province. In this way, Liebherr supports the earthquake victims and makes a contribution to a long-term amelioration of the situation of needy elderly people in Sichuan.

����Ladies and gentlemen,

����please let me now give you a short introduction to our business activities in China.

����As one of the world��s leading manufacturers of construction machinery, Liebherr sells and services a broad range of construction equipment like hydraulic excavators, mobile and crawler cranes, truck mixers, mixing plant and tower cranes in China.

����Sales and service activities for all Liebherr construction machinery in the Chinese market except for mixing technology, duty cycle crawler cranes and foundation equipment are coordinated from Liebherr Machinery Service (Shanghai) Co. Ltd. �C our sales and service company in Shanghai��s Waigaoqiao Free Trade Zone. Our highly qualified service engineers have access to a well-stocked spare parts depot on-site. We permanently have spare parts for all our products sold in China in order to ensure a fast, reliable maintenance and repair service. This central service base supports a nationwide dealer network for earthmoving products, which consists of a number of highly competent companies under contract in various provinces.

����The company also operates a sales office in Beijing selling earthmoving, cranes and mixing technology products.

����Other Liebherr sales and services bases are our offices in Chengdu and Shenzhen. They provide support for users of mixing technology products in Western and Southern China.

����Another Liebherr subsidiary is Liebherr (HKG) Limited which promotes sales of duty cycle crawler cranes, lift cranes up to 300 t, foundation equipment as well as a broad range of maritime cranes in China through its Hong Kong and Shanghai offices. This company is also responsible for the assemby and service of duty cycle crawler cranes via an own workshop.

����As you��ve heard already, Liebherr operates another two production sites for construction machinery in China, one in Dalian, Liaoning province, and one in Xuzhou, Jiangsu province.

����Liebherr Machinery (Dalian) Co., Ltd., is a manufacturing site with a built-over area of 19,000 m² in Liaoning province. It went into operation in 2004 and since then has been manufacturing crawler excavators for the Chinese market. In 2008 the output of this company grew by 50 % and has a very positive acceptance in all markets.

����Another manufacturing company for Liebherr construction equipment is located in Xuzhou, Jiangsu province. Xuzhou Liebherr Concrete Machinery Co. Ltd. is responsible for the production of high-quality truck mixers and mixing equipment for our Chinese customers. The production facility recently has been extended and now covers a total area of 80,000 m² and a built-over area of 14,000 m².

����Ladies and gentlemen,

����this is to give you a short impression of our set-up in China. Now for a few words about Liebherr��s exhibits at bauma China. As mentioned, I will talk about the products of our Earthmoving and Mining division and of our Construction Cranes & Mixing Technology division.

����The Earthmoving and Mining division is the biggest product division within the Liebherr Group employing a workforce of about 8,000 people. The divisional controlling company is Liebherr-EMtec GmbH in Kirchdorf/Iller, Germany. Liebherr��s Earthmoving and Mining division produces more than 10,000 units of construction and mining equipment per year. The product range includes wheeled and crawler excavators, crawler tractors and loaders, pipe layers, telescopic handlers and wheel loaders. It also includes mining equipment such as mining trucks and mining excavators as well as dozers and wheeled loaders for mining applications. The range of lift cranes, duty cycle crawler cranes as well as the piling- and drilling rigs belong to the divisional controlling company of the Liebherr-MCCtec GmbH in Nenzing, Austria.

����The division has seven manufacturing sites at its disposal. They are located in Kirchdorf (Germany), Colmar (France), Bischofshofen and Telfs (Austria), Newport News (USA), Guaratinguet�� (Brasil) and �C the one already mentioned �C in Dalian (P.R. China).

����At this year��s bauma China we exhibit the following machines of this division: The crawler excavators R 944 B, R 934 B and R 914 B and a wheeled excavator for material handling, the A 924 C Litronic.

The R 944 B Litronic is fitted with a water-cooled, turbocharged and intercooled 180 kW (245 hp) six-cylinder diesel engine.

The R 914 B is one of the most popular excavators worldwide.

����The crawler excavators R 944 B, R 934 B and R 914 B are manufactured in our Dalian plant. The R 944 B Litronic is our largest hydraulic excavator on show at this year��s bauma China. It weighs approximately 40 metric tons and is equipped with a Liebherr water-cooled six-cylinder diesel engine type D 926 TI-E that develops 180 kW (245 hp). The exhibit has an HD-SL heavy-duty wide gauge undercarriage. Options for the backhoe attachment with 6.30 m gooseneck boom are sticks with 2.60 m or 3.30 m length and buckets with 1.95 m³ capacity.

����The R 934 B Litronic on display has an operating weight of about 30 tonnes. It is equipped with a Liebherr turbo-charged and after-cooled 4 cylinder diesel engine with direct injection delivering 145 kW (197 hp) at 2,000 rpm. The working attachment of the excavator on display consists of a 6.05 m gooseneck boom, a 2.50 m stick and a backhoe bucket with 1.45 m3 capacity. As an option, the R 934 B Litronic can be fitted with a 3.10 m stick. The HD-SL heavy-duty undercarriage of this excavator has a track gauge of 2,600 mm.

����The third standard crawler excavator we exhibit at bauma China is the R 914 B Litronic. We have been manufacturing this 25 tonne machine in a standardised version for the Chinese market for more than four years now. The R 914 B is driven by a water-cooled 4-cylinder Liebherr diesel engine with direct injection, turbocharger and intercooler, giving it an output of 112 kW (152 hp) at 2,000 rpm.

����The excavator on show is fitted with heavy-duty HD-SL tracks ensuring a high level of stability. The width between the tracks is 2,400 mm and the tracks themselves are 600 mm wide. The working attachments consist of a 5.7 m long gooseneck boom, a 2.4 m stick or optional 3 m stick and a heavy-duty backhoe bucket with a capacity of 1.0 m³. On account of its efficiency and dependability, the R 914 B is one of the most popular excavators worldwide.

����Another bauma China exhibit from the Earthmoving and Mining division is the Liebherr A 924 C Litronic material handler. This machine is powered by a Liebherr diesel engine developing 135 kW (184 hp) at 1,800 rpm. With its extremely strong undercarriage supported on pads, this machine has excellent stability and can lift and transfer loads in quick succession requiring the full use of its available power.

The A924C has excellent stability and can lift and transfer loads in quick succession requiring the full use of its available power.

����The A 924 C Litronic can be supplied with a 6.80 m or 7.80 m long monobloc industrial boom or a gooseneck version 6.50 m long. Industrial-pattern dipper sticks 4 m, 5 m or 6 m long are available. The working attachments include suitably modified bulk-material grabs, orange-peel grabs and grabs for tree-trunks and timber. An electromagnet system can also be installed, for example to handle steel scrap. As an option, the operator��s cab is available with a continuously variable height adjustment.

����Another product on display at our booth is the duty cycle crawler crane HS 885 HD. This machine has been developed by Liebherr-Werk Nenzing GmbH and is assembled in Nenzing (Austria). The machines relevant for the Asian market are manufactured by Liebherr (HKG) Limited (Hong Kong). Both companies are part of the Liebherr��s Maritime Cranes division. The HS 885 HD belongs to the 120 t lifting capacity class and features a superstructure with a robust and rigid box design which enables the HS 885 HD to work under the most severe conditions. The HS 885 HD is fitted with a powerful 670 kW (898 hp) MAN diesel engine, alternatively a 400 kW (536 hp) Liebherr diesel engine is available. As a standard, the HS 885 HD is configured with 30 t free fall winches

The Liebherr HS 885HD Litronic, represents a most reliable, powerful and high efficient machine.

����The machine on display at bauma China is equipped with a 25 t drop weight for dynamic soil compaction. The HS 885 HD can be operated with main boom up to 74 m and fixed jib up to 32 m. Various attachments allow the HS 885 HD to be applied for a vast range of jobs, for example, material handling with clamshell grabs or dragline buckets, demolition, jobs with slurry wall grab or casing oscillator and dynamic soil compaction.

����Please let me now introduce the exhibits of our Construction Cranes and Mixing Technology division to you. This division employs more than 4,000 people. The divisional controlling company is Liebherr-CMCtec GmbH in Biberach/Riss (Germany).

����Liebherr��s Construction Cranes and Mixing Technology division offers one of the world��s most comprehensive construction crane programmes. Manufacturing sites for these products are located in Biberach (Germany) and Pamplona (Spain). At bauma China, Liebherr��s crane programme is represented by the 160 HC-L 8/16, a luffing jib crane that is designed for work on particularly high buildings or in extremely restricted spaces. It is equipped with state-of-the-art high-performance drives �C only variable frequency drives with continuous control are used for this crane. Liebherr��s luffing jib cranes in the HC-L series boast pioneering technology in the form of a horizontal load path. This function can be switched on or off by the crane driver depending on requirements. When the function is used, the control unit adjusts the hoist gear in such a way that the load hook is moved along a horizontal path. The superimposed movement of the jib and the hoist gear is also possible at any time.

����Liebherr��s Construction Cranes and Mixing Technology division furthermore manufactures mobile and stationary mixing plant for the production of high-quality concrete, and also the truck mixers used for transporting it. Control and measuring equipment and recycling systems complete the product range. Manufacturing and assembly facilities for Liebherr mixing technology are operated in Bad Schussenried (Germany), Rayong (Thailand), Guaratinguet�� (Brazil), Pamplona (Spain) and �C as I mentioned already �C in Xuzhou (P.R. China).

����From the mixing technology product range we have the new Compactmix 1.0 batching plant and the two truck mixers HTM 1004 and HTM 1204 on display. A twin-shaft mixer type DW 3.0 and an LRS-type recycling system for residual concrete complement our mixing technology on show here in Shanghai.

The Compactmix 1.0 is a novelty in Liebherr's extensive range of batching plants.

����The Compactmix 1.0 is a novelty in Liebherr��s range of batching plants. It was first introduced to the market in 2007. This compactly designed batching plant is capable of a maximum discharge output of 60 m³ of hardened concrete per hour. It features a space-saving overall concept and a flexible 180�� truck mixer approach angle underneath the plant which enables to position the mixer in a relatively small area. Most of the steel parts are zinc-coated, which ensures an excellent corrosion protection and a long working life. The Compactmix 1.0 has been optimized for low cost transport in containers. The plant with inline silo can be transported on three trailers, for each further cement silo a new trailer is required. The erecting time of the plant including bringing into service is about four days.

����Above all, the Compactmix 1.0 is a mixing plant for operation as a readymix concrete plant. Thanks to the modular concept and the optional steel foundations this plant is also excellent for job-site production. This compact concrete plant is also interesting for pre-cast elements and concrete product industry.

����Further more, two truck mixers of Liebherr��s most recent generation are on display at our booth: Type HTM 1004 with 10 m³ nominal content on 3-axles chassis and type HTM 1204 with 12 m³ nominal content on 4-axles chassis. The mixer drums are made of wear-resistant steel. Like all our truck mixers, these machines are easy to maintain and combine maximum benefit with long service life. Both mixers come from Liebherr��s production facility in Xuzhou.

����This brings me to the end of my remarks. Thank you for your kind attention.