Correction to Financial Times Article

Financial Times published an article 'Konecranes proves a tower of strength' at 6.50 p.m. on July 28, 2008 on the website ft.com, which included an error. The initial article, which now has been corrected, stated 'For the whole of 2008, Mr Lundmark hopes to see growth in operating profits of above 10 per cent'. The article is based on an interview with Mr. Lundmark on June 15, 2008 in which he reiterated the operating margin target for 2008 'The Group EBIT margin is targeted to exceed the comparable level of 10.0 percent (excluding capital gain) achieved in 2007.'


Further information:
Financial Media and Analysts
Paul Lönnfors, Investor Relations Manager
E-mail: [email protected] or phone +358 20 427 2050


About Konecranes
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 as well as services for lifting equipment and machine tools of all makes. In 2007, Group sales totaled EUR 1,750 million. The Group has more than 8,400 employees, in more than 470 locations in 43 countries. Konecranes is listed on the OMX Helsinki Stock Exchange (symbol: KCR1V).