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Terex Cranes Global Marketing

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BARRY BARNES TO RETIRE FRom Terex

Zweibruecken, 8th November 2011 – Terex Cranes announced today that Barry Barnes, Director Sales, Terex Cranes Europe, will retire after more than 30 years of service to the company. Mr. Barnes' last day with the company will be November 8th 2011.

Since joining the company in 1972, Barry has contributed greatly to the growth of Terex, in positions of increasing responsibility at Terex Cranes in the UK and Europe.

“Barry is well respected throughout the cranes industry, due to his in-depth knowledge of the company’s history and products, combined with his interpersonal skills and loyal commitment to customers,” said Kevin Bradley, President Terex Cranes. “Today I want to extend my gratitude to Barry. I am pleased that Barry has offered to make himself available over the next year to support our customers throughout Europe. Together with Frank Bardonaro, Vice President & Managing Director Global Sales, Terex Cranes, the team will build upon Barry’s legacy.”

Commenting on his pending retirement, Barry Barnes said, “I have been in the crane industry for nearly 50 years, and it is a very interesting feeling and emotion, as I remember my very first day at work with the Company and many landmarks until this point. I have been fortunate to represent superior products, and work with some great people and colleagues. I still have a lot of ideas to improve the business and look forward to continue to support my colleagues and customers whenever I can be of help.”

About Terex

Terex Corporation is a diversified global manufacturer operating in four business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, and Terex Materials Processing. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, mining, shipping, transportation, energy, refining, and utility industries. Terex offers 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.