KCI Konecranes - Corporate Action

SHARE SUBSCRIPTIONS UNDER KONECRANES' STOCK OPTIONS

A total of 126 900 new Konecranes shares have been subscribed with stock option
rights under KCI Konecranes' stock option plans as follows: 

Stock option right   Shares   Subscription price (EUR/share)
1997	            36 100   6.5175
1999 B-series	   14 000   8.25
2001 A-series	   30 800   8.50
2003 B-series	   46 000   5.405

Following these subscriptions the number of KCI Konecranes Plc's shares will
increase to 60 272 220 shares. The subscription price will be 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. 

The new shares will be recorded in the Trade Register on or about 16 March,
2007 (shares subscribed under 1997 stock options) and 19 March, 2007 (shares
subscribed under 1999 B-series, 2001 A-series and 2003 B-series stock options).
The new shares will carry shareholders' rights from the date of registration.
Konecranes will apply for their listing on the Helsinki Stock Exchange with the
company's existing shares. Trading in all new shares will start on or about 20
March, 2007. 

The terms and conditions of all Konecranes ongoing stock option plans are
available on the Investor Relations website at www.konecranes.com. 

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 1483  million. The Group has 7,500 employees, at more than
370 locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock
Exchange (symbol: KCI1V). 

KCI KONECRANES PLC


Paul Lönnfors
IR Manager




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




DISTRIBUTION
Helsinki Stock Exchange
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