The Raymond Corporation, Raymond Dealer Network Commit Funds to Tsunami Relief Effort

GREENE, N.Y. — The Raymond Corporation and its Dealer Network today announced that they will make cash contributions to the U.S. effort to provide relief to victims of the devastating Asian tsunami.

Raymond will donate $100 for each Raymond ®brand electric rider truck and $50 for each Raymond electric walkie pallet truck sold in January and February, 2005. These amounts will be matched by the Raymond Dealer that has sold the qualifying trucks.

“It is important for members of our industry to support the global relief effort helping people in the South Asian and African regions devastated by the tsunamis,” said James J. Malvaso, president and CEO of The Raymond Corporation. “This is an example of multiple, independent organizations coming together to benefit a common cause.”

The Raymond Corporation is the leading North American provider of materials handling solutions that improve space utilization and productivity, with lower cost of operation and greater operator acceptance. High-performance, reliable, ergonomically designed Raymond ®products range from a full line of manual and electric pallet trucks and walkie stackers to counterbalanced trucks, Reach-Fork ®trucks, orderpickers and dual-purpose (pallet handling/case picking) Swing-Reach ®trucks.

For more information about The Raymond Corporation, or to locate a Raymond dealer, visit the company Web site at http://www.Raymondcorp.com or call 1 (800) 235-7200. ACR System™ Raymond ®, Reach-Fork ®, Deep-Reach ®and Swing-Reach ®are trademarks of The Raymond Corporation.

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