Manitowoc Company Schedules Fourth-Quarter 2008 Earnings Announcement and Conference Call

MANITOWOC, Wis., Jan. 23 /PRNewswire-FirstCall/ — The Manitowoc Company,
Inc. (NYSE: MTW) will release its fourth-quarter 2008 financial results on
Wednesday, January 28, after the market closes. The fourth-quarter results
will also be discussed by Manitowoc’s management team during a live conference
call for security analysts and institutional investors which will be held at
10:00 a.m., Eastern Time, on Thursday, January 29.

The conference call will also be available simultaneously, in a
listen-only format, via webcast. To access the webcast, investors should go to
http://www.manitowoc.com at least 15 minutes prior to the event. Follow the
instructions provided to ensure that the necessary audio applications are
downloaded and installed. These programs can be obtained at no charge to the
user. In addition, an archived version of the fourth-quarter 2008 conference
call will also be posted on the company’s Web site for all investors.

About The Manitowoc Company, Inc.

The Manitowoc Company, Inc. is a multi-industry, capital goods
manufacturer with 101 manufacturing and service facilities in 27 countries. It
is recognized as 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. Manitowoc also is one of the
world’s leading innovators and manufacturers of commercial foodservice
equipment serving the ice, beverage, refrigeration, food prep, and cooking
needs of restaurants, convenience stores, hotels, healthcare, and
institutional applications.

SOURCE The Manitowoc Company, Inc.