Konecranes Oyj - Corporate Action

INCREASE IN KONECRANES' NUMBER OF SHARES REGISTERED

The 90 800 new Konecranes shares subscribed for with the Konecranes' 1999
B-series, 2001 A-series and 2003 B-series stock options have been recorded in
the Trade Register on 19 March, 2007. 

The subscription price has been booked according to the decision made by the
Annual General Meeting of Shareholders on 8 March, 2007 in its entirety to the
invested non-restricted equity fund. Following these subscriptions the number
of Konecranes' shares increased to 60 272 220 shares and Konecranes' share
capital remained at the level of EUR 30 072 660. 

Trading in with the new shares will start on or about 20 March, 2007.


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 2006, Group
sales totalled EUR 1,483 million. The Group has 7,500 employees, at more than
370 locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock
Exchange (KCR1V). 

KONECRANES PLC


Paul Lönnfors
IR Manager




FURTHER INFORMATION 
Konecranes Plc
Teuvo Rintamäki, Chief Financial Officer, tel. +358 20 427 2040




DISTRIBUTION
OMX Helsinki Stock Exchange
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