Konecranes Oyj - Company Announcement

KONECRANES PLC STOCK EXCHANGE RELEASE December 14, 2010

THE 2011 SHARE SUBSCRIPTION SCHEDULE UNDER KONECRANES PLC'S STOCK OPTION PLAN 2007

KONECRANES PLC STOCK EXCHANGE RELEASE December 14, 2010

THE 2011 SHARE SUBSCRIPTION SCHEDULE UNDER KONECRANES PLC'S STOCK OPTION PLAN
2007 

Based on Konecranes Plc's stock option plans, 2007 Series A and B stock options
will entitle their holders to subscribe for shares in 2011 as follows: 

  Share subscription  Entry into the Trade Register  New shares tradable       
  deadline            on or about                    on or about               
  January 19,2011 *                  February 10,2011         February 11,2011 
  March 7,2011 *                     March 24,2011            March 25,2011    
  March 22,2011                      April 12,2011            April 13,2011    
  April 18,2011                      May 5,2011               May 6,2011       
  May 6,2011                         May 24,2011              May 25,2011      
  June 6,2011                        June 22,2011             June 23,2011     
  July 11,2011                       July 28, 2011            July 29,2011     
  September 5,2011                   September 22,2011        September 23,2011
  October 10,2011                    October 27,2011          October 28,2011  
  December 5,2011                    December 22,2011         December 23,2011 
*)Entitled to dividend for 2010.

Shares will establish shareholders rights as of the date of share registration.

Subscriptions will be accepted at Evli Bank Plc.

Shares subscribed in between December 6, 2011 and January 20, 2012 will be
registered into the Trade Register on or about February 8, 2012. 

Terms and Conditions of the Stock Option Plans in brief

The stock options issued under the 2007 Series A stock option plan entitle
holders to subscribe a total of 958,000 shares. The share subscription period
for 2007A stock options began on May 2, 2009 and will terminate on April 30,
2011. The share subscription price amounts to EUR 25.72. 

The stock options issued under the 2007 Series B stock option plan entitle
holders to subscribe a total of 941,000 shares. The share subscription period
for 2007B stock options began on May 2, 2010 and will terminate on April 30,
2012. The share subscription price amounts to EUR 25.72. 

The stock options issued under the 2009 Series A stock option plan entitle
holders to subscribe a total of 739,000 shares. The share subscription period
for 2009A stock options will begin on April 1, 2012 and will terminate on April
30, 2014. The share subscription price amounts to EUR 13.65. 

The stock options issued under the 2009 Series B stock option plan entitle
holders to subscribe a total of 732,000 shares. The share subscription period
for 2009B stock options will begin on April 1, 2013 and will terminate on April
30, 2015. The share subscription price amounts to EUR 23.79. 

Currently, stock options issued under Konecranes Plc's ongoing stock option
plans entitle the options' holders to subscribe for a total of 3,370,000
shares. The terms and conditions of all of the company's stock option plans are
available at www.konecranes.com > Investors > Share information > Stock option
plans. 

KONECRANES PLC

Miikka Kinnunen

Director, Investor Relations

FURTHER INFORMATION

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

Konecranes is a world-leading group of Lifting Businesses(TM), 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

Major media

www.konecranes.com