As a result of the receipt of the requisite consents of the Note holders by the Consent date, Columbus McKinnon and U.S. Bank National Association, formerly State Street Bank and Trust Company, N.A., the trustee under the indenture pursuant to which the Notes were issued (the “Indenture”), will execute a supplemental indenture to the Indenture. The supplemental indenture addresses the proposed amendments to the Notes and the Indenture, as described in the Offer to Purchase.Credit Suisse Securities (USA) LLC is acting as dealer manager and solicitation agent for the Tender Offer and Consent Solicitation. The Information Agent and Depository is D.F. King & Co., Inc.. Questions regarding the Tender Offer and Consent Solicitation or requests for additional copies of the Offers to Purchase and related documents may be directed to Credit Suisse Securities (USA) LLC by telephone at (800) 820-1653 (toll free) or (212) 538-2147 (call collect). This announcement is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of consent with respect to any securities. The Tender Offers and Consent Solicitation are being made solely by the Offer to Purchase and Consent Solicitation Statement dated January 10, 2011. About Columbus McKinnon Columbus McKinnon Corporation is a leading worldwide designer, manufacturer and marketer of material handling products, systems and services, which efficiently and ergonomically move, lift, position or secure material. Key products include hoists, cranes, chain and forged attachments. The Company is focused on commercial and industrial applications that require the safety and quality provided by its superior design and engineering know-how. Comprehensive information on Columbus McKinnon is available on its web site at http://www.cmworks.com. Safe Harbor Statement The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.