Konecranes Oyj - Corporate Action

INCREASE IN KONECRANES' NUMBER OF SHARES REGISTERED

INCREASE IN KONECRANES' NUMBER OF SHARES REGISTERED                             

The 60,000 new Konecranes shares subscribed for with the B and C series stock   
option rights under Konecranes 2003 stock option plan have been recorded in the 
Trade Register on February 14, 2008.                                            

Following these subscriptions the number of Konecranes Plc's shares will        
increase to 61,038,780 shares. The subscription price will be booked in its     
entirety to the paid in capital.                                                

Trading in the new shares will start on or about February 15, 2008.             

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

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 2007, Group sales totaled EUR 1,750 million. The Group has 8,400      
employees, at more than 470 locations in 43 countries. Konecranes is listed on  
the OMX Helsinki Stock Exchange (symbol: KCR1V).                                

KONECRANES PLC                                                                  



Paul Lönnfors                                                                   
IR Manager                                                                      




FURTHER INFORMATION                                                             
Konecranes Plc                                                                  
Teo Ottola, Chief Financial Officer, tel. +358 20 427 2040                      




DISTRIBUTION                                                                    
OMX Nordic Exchange Helsinki                                                    
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