740761--3/1/2010--BUCYRUS_INTERNATIONAL

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{operation, international, foreign}

{cost, operation, labor}

{competitive, industry, competition}

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{gas, price, oil}

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Risks Related to our Acquisition of Terex Mining We may encounter difficulties in integrating Terex Mining s operations, which may have a material adverse impact on our future growth and operating performance. The acquisition of Terex Mining is being financed, in large part, with a $1.0 billion term loan which will substantially increase our debt service obligations. As a result, we may have less cash flow available for business operations, we could become increasingly vulnerable to general adverse economic and industry conditions and interest rate trends, and our ability to obtain future financing may be limited. We may have liabilities relating to Terex Mining which are not known to us. To remain compliant with the obligations imposed on us by the Sarbanes-Oxley Act of 2002, we may be required to make significant changes in the internal controls, information systems and technologies or other aspects of Terex Mining s business. In connection with the acquisition of Terex Mining, we are required to fulfill certain employment obligations. We have entered a new line of business in which certain of our competitors have substantially more experience than we do. Risks Related to Our Business The industries we serve and our business are subject to significant cyclical fluctuations. Changes in global financial markets and global economic conditions could adversely affect our business. A material disruption to our manufacturing plants could adversely affect our ability to generate revenue. Our results of operations are dependent on the commodity price of coal and other conditions in the coal markets. We operate in a highly competitive industry. In any given year, we rely on significant customers for a large percentage of our sales. The loss of key members of our management team could adversely affect our business. We are subject to risks of conducting business in foreign countries, including emerging markets. We are subject to risks related to conducting business in foreign currencies. Regulations affecting the mining industry or electric utilities may reduce demand for our products and services. We may be adversely affected by environmental and safety regulations or concerns. We must attract and retain skilled labor in order to maintain and increase our business. Aspects of our operations are dependent on relationships with local partners in some countries. If we fail to offer technologically advanced equipment to our customers, demand for our products may be materially adversely affected. Labor disruptions could adversely affect our operations. Our continued success depends in part on our ability to protect our intellectual property. We are in the process of implementing a global Enterprise Resource Planning ( ERP ) system in our surface mining segment. We may have to utilize significant cash to meet our unfunded pension obligations, and these obligations are subject to increase. Our mining production capacity may not be sufficient to meet customer demand. We are, and may be in the future, subject to product liability and other lawsuits related to past and current activities. If we are unable to purchase component parts or raw materials from key suppliers, the prices of component parts or raw materials rise materially, or the costs of shipping products rise materially, our business and results of operations may be materially adversely affected.

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740761--3/1/2010--BUCYRUS_INTERNATIONAL_INC