Increase in Konecranes' number of shares registered

The 53,000 new Konecranes shares subscribed for with Konecranes' 1999B, 2001B, and 2003B stock options have been recorded in the Trade Register on 6 November 2007.

Following these subscriptions the number of Konecranes Plc's shares increased to 60,844,580 shares. The subscription price has been booked in its entirety to the paid in capital.

Trading in all new shares will start on or about 7 November 2007.

The terms and conditions of all Konecranes ongoing stock option plans are available on the Investor Relations website at www.konecranes.com.

Further information can be obtained from
Konecranes Plc
Teo Ottola, Chief Financial Officer, tel. +35820 427 2040




Konecranes is a world-leading group of Lifting Businesses', serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions and services for lifting equipment of every make. In 2006, Group sales totalled EUR 1483 million. The Group has 8,000 employees, at more than 370 locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock Exchange (symbol: KCR1V).




DISTRIBUTION
OMX Helsinki Stock Exchange
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