Konecranes Oyj - Major shareholder announcements

Konecranes Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONECRANES PLC  STOCK EXCHANGE RELEASE  February 24, 2017  at 09.00 EET

Konecranes has on February 23, 2017, received a notification under Chapter 9,
Section 5 of the Securities Market Act, according to which the holding of
BlackRock Investment Management (UK) Limited in Konecranes Plc’s shares and
votes has exceeded 5 percent. On February 22, 2017, Blackrock Inc.’s total
holding through shares and financials instruments amounted to 8.44 percent of
Konecranes Plc’s shares and votes. 

Total positions of BlackRock, Inc.:

                        % of        % of shares and     Total    Total number of
                         shares      voting rights       of       shares and    
                         and         through financial   both     voting rights 
                         voting      instruments (B)     in %     of issuer     
                         rights                          (A+B)                  
                         (A)                                                    
--------------------------------------------------------------------------------
Resulting situation of       7.69%               0.74%    8.44%       82,872,342
 the date on which the                                                          
 threshold was crossed                                                          
 of reached                                                                     
--------------------------------------------------------------------------------
Position of previous         6.58%               1.67%    8.25%                 
 notification                                                                   
--------------------------------------------------------------------------------

Notified details of the resulting situation on the date on which the threshold
was crossed or reached: 

A: shares and voting rights

Class/type  Number of shares  Number of shares  % of shares and  % of shares and
 of shares   and voting        and voting        voting rights    voting rights 
ISIN code    rights            rights                                           
--------------------------------------------------------------------------------
            Direct (SMA 9:5)  Indirect (SMA     Direct (SMA      Indirect (SMA  
                               9:6 and 9:7)      9:5)             9:6 and 9:7)  
--------------------------------------------------------------------------------
FI00090058                           6,379,524                             7,69%
70                                                                              
--------------------------------------------------------------------------------
SUBTOTAL A                           6,379,524                             7,69%
--------------------------------------------------------------------------------

B: Financial instruments according to SMA 9:6a

Type of        Expirat  Exercise/Con  Physical or   Number of       % of shares 
 financial     ion      version        cash          shares and      and voting 
 instrument     date     Period        settlement    voting rights   rights     
--------------------------------------------------------------------------------
Securities     N/A      N/A           Physical              88,705         0,10%
 Lent                                                                           
--------------------------------------------------------------------------------
CFD            N/A      N/A           Cash                 529,204         0.63%
--------------------------------------------------------------------------------
SUBTOTAL B                                                 617,909         0,74%
--------------------------------------------------------------------------------

Additional information:

Name                    % of shares and  % of shares and voting rights    Total 
                         voting rights    through financial instruments  of both
--------------------------------------------------------------------------------
BlackRock Investment         5,00%                    0,62%               5.62% 
 Management (UK)                                                                
 Limited                                                                        
--------------------------------------------------------------------------------


KONECRANES PLC

Miikka Kinnunen
Vice President, Investor Relations



FURTHER INFORMATION
Miikka Kinnunen, Vice President, Investor Relations, Konecranes Plc, 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 of all makes. The Group has
18,000 employees at 600 locations in 50 countries. Konecranes class A shares
are listed on the Nasdaq Helsinki (symbol: KCR). 



DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com