Konecranes Oyj - Company Announcement

THE 2010 SHARE SUBSCRIPTION SCHEDULE UNDER KONECRANES PLC'S STOCK OPTION PLANS 2001 AND 2007

THE 2010 SHARE SUBSCRIPTION SCHEDULE UNDER KONECRANES PLC'S STOCK OPTION PLANS  
2001 AND 2007                                                                   

Based on Konecranes Plc's stock option plans, 2001 Series B and 2007 Series A   
and B stock options will entitle their holders to subscribe for shares in 2010  
as follows:                                                                     

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| Share subscription      | Entry into the Trade     | New shares tradable on  |
| deadline                | Register on or about     | or about                |
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|       *January 22, 2010 |        February 10, 2010 |       February 11, 2010 |
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|      *February 25, 2010 |           March 18, 2010 |          March 19, 2010 |
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|          March 15, 2010 |            April 1, 2010 |           April 6, 2010 |
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|          April 14, 2010 |              May 4, 2010 |             May 5, 2010 |
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|            June 9, 2010 |             July 1, 2010 |            July 2, 2010 |
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|            July 7, 2010 |            July 28, 2010 |           July 29, 2010 |
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|       September 1, 2010 |       September 22, 2010 |      September 23, 2010 |
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|         October 6, 2010 |         October 27, 2010 |        October 28, 2010 |
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|       November 29, 2010 |        December 20, 2010 |       December 21, 2010 |
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*) Entitled to dividend for 2009.                                               

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

Subscriptions will be accepted at Evli Bank Plc.                                

Shares subscribed in between November 30, 2010 and January 19, 2011 will be     
registered into the Trade Register on or about February 9, 2011.                

Terms and Conditions of the Stock Option Plans in brief                         

The maximum number of stock options under the 2001 Series B stock option plan   
totals 600,000 shares. The share subscription period for 2001B stock options    
began on April 1, 2007 and will terminate on March 31, 2010, the related share  
subscription price amounting to EUR 8.50. The annual period of subscription     
shall be as of January 2 until November 30.                                     
The maximum number of stock options under the 2007 Series A stock option plan   
totals 987,500 shares. The share subscription period for 2007A stock options    
began on May 2, 2009 and will terminate on April 30, 2011, the related share    
subscription price amounting to EUR 25.72.                                      

The maximum number of stock options under the 2007 Series B stock option plan   
totals 995,500 shares. The share subscription period for 2007B stock options    
will begin on May 2, 2010 and will terminate on April 30, 2012, the related     
share subscription price amounting to EUR 25.72.                                

The maximum number of stock options under the 2009 Series A stock option plan   
totals 750,000 shares. The share subscription period for 2009A stock options    
will begin on April 1, 2012 and will terminate on April 30, 2014, the related   
share subscription price amounting to EUR 14.55.                                

Currently, stock options issued under Konecranes Plc's ongoing stock option     
plans entitle the options' holders to subscribe for a total of 2,816,600 shares.
The terms and conditions of all of the company's stock option plans are         
available at www.konecranes.com/investors.                                      

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 2008, Group sales totalled EUR 2,103 million. The Group has 9,700     
employees, at 485 locations in 43 countries. Konecranes is listed on the NASDAQ 
OMX Helsinki (symbol: KCR1V).                                                   

KONECRANES PLC                                                                  


Miikka Kinnunen                                                                 
Director, Investor Relations                                                    




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




DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Ltd                                                         
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www.konecranes.com