Disclosure under Chapter 2, Section 10 of the Securities Market Act

Konecranes Plc (ID 0942718-2) has on December 21, 2010, received a disclosure under Chapter 2, Section 9 of the Securities Market Act, according to which the holding of BlackRock, Inc. (USA Tax ID 32-0174421) in Konecranes has decreased below 10 percent. BlackRock, Inc. held 6,099,149 Konecranes’ shares on December 21, 2010, which is 9.84 percent of Konecranes’ shares and votes.

Konecranes has a total of 62,002,120 shares. The company has only one class of shares and each share entitles to one vote.

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations

FURTHER INFORMATION
Konecranes Plc
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Media
www.konecranes.com

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 2009, Group sales totaled EUR 1,671 million. The Group has 9,800 employees, at 545 locations in 43 countries. Konecranes is listed on the NASDAQ OMX Helsinki Ltd. (symbol: KCR1V).