Konecranes Plc's share subscriptions based on stock options

Stock exchange releases

A total of 23,200 of Konecranes Plc’s new shares were subscribed for under the company’s stock option plans as follows:

Stock option right: 2001B-series
Shares:  23,200
Subscription price (EUR/share): 8.50

The full subscription price of EUR 197,200 will be entered in the paid-in capital. Following the related subscriptions, the number of Konecranes Plc shares will increase to 61,872,920. This number includes the shares held by the company.

The shares subscribed for under the stock options were registered in the Trade Register on December 17, 2009 on the basis of which the new shares will establish shareholder rights. Konecranes will apply for their listing, together with its existing shares, on the Main List of the NASDAQ OMX Helsinki. Trading in the new shares will begin on or around December 18, 2009.

Stock options issued under Konecranes Plc’s ongoing stock option plans entitle their holders to subscribe for a total of 2,793,400 shares. The terms and conditions of all of the company’s stock option plans are available at www.konecranes.com/investors.

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 2008, Group sales totalled EUR 2,103 million. The Group has 9,700 employees, in 485 locations in 43 countries. Konecranes is listed on NASDAQ OMX Helsinki Ltd (symbol: KCR1V).


FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc,
tel. +358 20 427 2050


DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Major media
www.konecranes.com