Konecranes applies for listing of stock options 2009A on Nasdaq OMX Helsinki

Stock exchange releases

KONECRANES PLC  STOCK EXCHANGE RELEASE  March 12, 2012 at 11:00

In accordance with decision by the Board of Directors, Konecranes Plc applies for listing of stock option rights 2009A of Konecranes Plc Stock Options 2009 programme on NASDAQ OMX Helsinki stock exchange to commence on 2 April 2012.

A total of 750,000 stock options 2009A were issued. There are currently approximately 150 key employees holding a total of 735,000 stock options 2009A. Konecranes Oyj currently holds 15,000 stock options 2009A.

Each stock option 2009A entitles its holder to subscribe for one share of Konecranes Plc at a subscription price of EUR 12.65. The amount of the dividend or the amount of the distributable unrestricted equity decided before share subscription shall be deducted from the share subscription price as per the dividend record date or the record date of the repayment of equity. The share subscription period will commence on 1 April 2012 and end on 30 April 2014.

As a result of the exercise of the outstanding stock options 2009A, the number of the Konecranes Plc shares may increase by a maximum of 750,000 new shares, which accounts for no more than 1.2 percent of the amount and voting rights of the shares after the conversion.

New shares subscribed with stock options 2009A will be listed as additional lots of Konecranes shares on the main list of NASDAQ OMX Helsinki together with the old shares after the new shares have been registered. Shares will establish shareholders rights as of the date of share registration.

Evli Bank Plc acts as a subscription place for share subscriptions with Konecranes Plc 2009 stock options.

The terms and conditions of Konecranes Plc Stock Options 2009 and further information are available on the company's website www.konecranes.com > Investors > Share information > Stock option plans

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations


FUTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)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 2011, Group sales totaled EUR 1,896 million. The Group has 11,700 employees at 609 locations in 47 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).

DISTRIBUTION
NASDAQ OMX Helsinki
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www.konecranes.com