Bolzoni : 26 April 2016 - Notice pursuant to Article 41, Paragraph 2(c), of the CONSOB Regulation No. 11971

Doc. 12c -Purchasing Bolzoni Shares Pre Mandatory Tender Offer - Pre Hyster-Yale Capital Holding Italy S.r.l.

Registered Office: Masate (MI), Via Confalonieri 2, 20060 Milan Companies' Register, Tax Code and VAT No. 09416080969

FOR FURTHER INFORMATION, CONTACT:

Christina Kmetko

[phone]

NOT FOR DISTRIBUTION IN THE UNITED STATES ACQUISITION OF BOLZONI S.p.A. ORDINARY SHARES OUTSIDE THE MANDATORY TENDER OFFER Notice pursuant to Article 41, Paragraph 2(c), of the CONSOB Regulation No. 11971 of May 14, 1999 (the "Issuers' Regulations")

Masate, Milano, April 26, 2016 - With reference to the mandatory tender offer announced on April 1, 2016 by Hyster-Yale Capital Holding Italy S.r.l. ("HY Italy"), a wholly-owned subsidiary of Hyster-Yale Materials Handling, Inc. (NYSE: HY), pursuant to Articles 102, Paragraph 1, and 106, paragraphs 1 and 3(a), of the Legislative Decree No. 58 of February 24, 1998, and Article 37 of the Issuers' Regulation, on ordinary shares of Bolzoni S.p.A., an Italian company whose shares are listed on the STAR segment of the Italian Stock Exchange (Mercato Telematico Azionario), HY Italy hereby communicates that on the date hereof HY Italy has completed the following transaction on certain Bolzoni S.p.A. ordinary shares - ISIN Code IT0004027279:

Trade Date	Settlement Date	Type of Transaction	Seller's Name	Number of Shares / Percentage	Currency	Price per Share
April 26, 2016	April 26, 2016	Block Trade	Tamburi Investment Partners S.p.A.	3,107,794 ordinary shares / 11.956% of the share capital	EUR	4.30

Note that (i) as customary, this transaction provides that the above-mentioned price would match any potential changes in the offer price; (ii) the above transaction is subject to notification requirements pursuant to Article 41, Paragraph 2(c), of the Issuers' Regulation; and (iii) as a result of the aforesaid transaction, the overall stake held by HY Italy in Bolzoni S.p.A.'s share capital, whether directly or indirectly, has reached 62.39%.

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Disclaimer

This notice shall not be published in, distributed or sent to any jurisdiction or territory in which its publication or the offers referred to herein might be illegal or would require any registration or filing of additional documentation, and the persons that receive this notice will not be allowed to publish it in, distribute or send it to such jurisdictions or territories.

This notice may not be published, distributed, diffused or otherwise sent into the United States of America. The tender offer will not be made, directly or indirectly, in the United States of America, or by use of the mails, or

any means or instrumentality (including, without limitation, facsimile transmission, telephone and internet) of interstate or foreign commerce of, or any facilities of any national securities exchange of, the United States.

This notice does not constitute an extension into the United States of any offer mentioned in this notice, nor does this notice constitute nor form part of an offer to buy securities or the solicitation of an offer to sell securities in the United States or any other jurisdiction in which, or to any persons to whom, such offer or solicitation would be unlawful.

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