Increase in Konecranes' number of shares registered

The 8,640 new Konecranes shares subscribed for with the B series stock option rights under Konecranes 1999 stock option plan and the C series stock option rights under Konecranes 2003 stock option plan have been recorded in the Trade Register on March 19, 2008. 

Following these subscriptions the number of Konecranes Plc's shares will increase to 61,047,420 shares. The subscription price will be booked in its entirety to the paid in capital.

Trading in the new shares will start on or about March 20, 2008.

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

Further information can be obtained from
Konecranes Plc
Teo Ottola, Chief Financial Officer, tel. +358 20 427 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 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 8,400 employees, at more than 470 locations in 43 countries. Konecranes is listed on the OMX Nordic Exchange Helsinki (symbol: KCR1V).



DISTRIBUTION
OMX Nordic Exchange Helsinki
Media