Konecranes AGM - President & CEO Pekka Lundmark Comments Recent Demand Development, Reiterates 2008 Outlook

Konecranes President & CEO Pekka Lundmark's presentation at today's Annual General Meeting includes comments to the recent development in the demand for Konecranes' products and services.

The development in the first two months of the year gives reason for optimism. Order intake has continued to increase in January-February and the number of new inquiries were on a high level, also in the United States, Lundmark comments.

The 2008 outlook was reiterated.
We target double-digit sales growth and see potential to improve the operating margin from the 10.0 percent achieved in 2007, Lundmark stated.

Konecranes first quarter interim report will be published on 29 April, 2008.


Further information:
Paul Lönnfors, IR Manager, phone: +358 20 427 2050

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 Helsinki Stock Exchange (symbol: KCR1V).

DISTRIBUTION
OMX Nordic Exchange Helsinki
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