Konecranes Oyj - Major shareholder announcements

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

KONECRANES PLC  STOCK EXCHANGE RELEASE  May 25 17, 2017  at 18.00 EET

Konecranes has on May 25, 2017, received a notification under Chapter 9,
Section 5 of the Securities Market Act, according to which the total holding of
BlackRock, Inc. in Konecranes Plc’s shares and votes has exceeded 10 percent.
On May 24, 2017, Blackrock Inc.’s total holding through shares and financials
instruments amounted to 11.13 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       9.76%               1.36%   11.13%       82,872,342
 the date on which the                                                          
 threshold was crossed                                                          
 of reached                                                                     
--------------------------------------------------------------------------------
Position of previous         7.69%               0.74%    8.44%                 
 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                           8,096,353                             9.76%
70                                                                              
--------------------------------------------------------------------------------
SUBTOTAL A                           8,096,353                             9.76%
--------------------------------------------------------------------------------


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             493,381         0.59%
 Lent                                                                           
--------------------------------------------------------------------------------
CFD            N/A      N/A           Cash                 635,235         0.76%
--------------------------------------------------------------------------------
SUBTOTAL B                                               1,128,616         1.36%
--------------------------------------------------------------------------------


The disclosure obligation arose due to total holding in shares and voting
rights for BlackRock, Inc. going above 10 percent. 


Name                    % of shares and  % of shares and voting rights     Total
                         voting rights    through financial instruments  of both
--------------------------------------------------------------------------------
BlackRock Investment              8.60%                           1.03%    9.63%
 Management (UK)                                                                
 Limited                                                                        
--------------------------------------------------------------------------------



KONECRANES PLC

Miikka Kinnunen
Vice President, Investor Relations


FURTHER INFORMATION
Mr. Miikka Kinnunen, Vice President, Investor Relations, 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. In 2016,
Group (comparable combined company) sales totaled EUR 3,278 million. The Group
has 17,000 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