Manitex International, Inc. Announces the Approval of a 3-Year Renewal of Its Credit...

Manitex International, Inc. Announces the Approval of a 3-Year Renewal of Its
Credit Facility with Comerica Bank

BRIDGEVIEW, Ill., April 29 /PRNewswire-FirstCall/ -- Manitex International,
Inc. (Nasdaq: MNTX) today announced that it has been notified by Comerica
Bank, that it has been approved for a renewal of its Credit Facility effective
April 28, 2009.

The maturity date on the current credit facility for U.S. and Canadian
revolving lines of credit, as well as the term loan, will be extended to April
1, 2012 from April 1, 2010. The amendment, which is now being finalized will
also contain customary financial covenants and default provisions. Additional
information on the completed amendment will be available on the Form 8K, which
will be filed at a later date and available at www.sec.gov.

Andrew Rooke, Chief Operating Officer, commented, "The amendment to our
current credit facility underscores Comerica's confidence in our business and
provides greater financial flexibility for us to continue to pursue our growth
strategy. We have always maintained excellent relationships with our lenders,
and continue to proactively manage our balance sheet for the benefit of our
shareholders."

About Manitex International, Inc.
Manitex International, Inc. (Nasdaq: MNTX) is a leading provider of engineered
lifting solutions including cranes, rough terrain forklifts, indoor electric
forklifts and special mission oriented vehicles, including parts support. Our
Manitex subsidiary manufactures and markets a comprehensive line of boom
trucks and sign cranes through a national and international dealership
network. Our boom trucks and crane products are primarily used in industrial
projects, energy exploration and infrastructure development, including roads,
bridges, and commercial construction. Our Crane and Machinery division is a
Chicago based distributor of cranes including Terex truck and rough terrain
cranes, Fuchs material handlers and our own Manitex product line. Crane and
Machinery provides after market service in its local market as well as being a
leading distributor of OEM crane parts, supplying parts to customers
throughout the United States and internationally. Our Manitex Liftking
subsidiary is provider of material handling equipment including the Noble
straight-mast rough terrain forklift product line, Lowry high capacity cushion
tired forklift and Schaeff electric indoor forklifts as well as specialized
carriers, heavy material handling transporters and steel mill equipment.
Manitex Liftking's rough terrain forklifts are used in both commercial and
military applications

Forward-Looking Statement
Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act
of 1995: This release contains statements that are forward-looking in nature
which express the beliefs and expectations of management including statements
regarding the Company's expected results of operations or liquidity;
statements concerning projections, predictions, expectations, estimates or
forecasts as to our business, financial and operational results and future
economic performance; and statements of management's goals and objectives and
other similar expressions concerning matters that are not historical facts.
In some cases, you can identify forward-looking statements by terminology such
as "anticipate," "estimate," "plan," "project," "continuing," "ongoing,"
"expect," "we believe," "we intend," "may," "will," "should," "could," and
similar expressions. Such statements are based on current plans, estimates and
expectations and involve a number of known and unknown risks, uncertainties
and other factors that could cause the Company's future results, performance
or achievements to differ significantly from the results, performance or
achievements expressed or implied by such forward-looking statements. These
factors and additional information are discussed in the Company's filings with
the Securities and Exchange Commission and statements in this release should
be evaluated in light of these important factors. Although we believe that
these statements are based upon reasonable assumptions, we cannot guarantee
future results. Forward-looking statements speak only as of the date on which
they are made, and the Company undertakes no obligation to update publicly or
revise any forward-looking statement, whether as a result of new information,
future developments or otherwise.
Company Contact

Manitex International, Inc. Hayden IR
David Langevin Peter Seltzberg or Brett Maas
Chairman and Chief Executive Officer Investor Relations
(708) 237-2060 212-946-2849
djlangevin@manitexinternational.com peter@haydenir.com

SOURCE Manitex International, Inc.

David Langevin, Chairman and Chief Executive Officer of Manitex International,
Inc., +1-708-237-2060, djlangevin@manitexinternational.com; or Peter
Seltzberg, peter@haydenir.com, or Brett Maas, both of Investor Relations,
Hayden IR, +1-212-946-2849, both for Manitex International, Inc.