Konecranes Oyj - Company Announcement

KONECRANES STOCK EXCHANGE RELEASE December 22, 2010

KONECRANES REFINANCES EUR 200 MILLION REVOLVING CREDIT FACILITY

Konecranes has signed a new EUR 200 million five-year Revolving Credit Facility
with its core relationship banks. The loan will be used for general corporate
purposes and it replaces the three-year EUR 200 million facility signed in
April 2009. Early refinancing enables taking advantage of the favorable market
conditions and prolonging the maturity. 

The Mandated Lead Arrangers and Bookrunners are Commerzbank, Credit Agricole
CIB, Handelsbanken, Nordea Bank, Pohjola Bank, Sampo Bank and SEB. Nordea Bank
acted as the Co-ordinating Mandated Lead Arranger and Facility Agent. 

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations


FURTHER INFORMATION
Konecranes Plc
Tomi Hintikka, Group Treasurer, tel. +358 (0)20 427 2042
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 2009, Group sales totaled EUR 1,671 million. The Group has 9,800
employees, at 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX
Helsinki Ltd (symbol: KCR1V). 

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Media
www.konecranes.com