Konecranes Oyj - Company Announcement

KONECRANES PLC - KONECRANES PLC’S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS

KONECRANES PLC  STOCK EXCHANGE RELEASE  May 8, 2012  at 09:30

A total of 15,000 of Konecranes Plc's new shares were subscribed for under the
company's stock option plans as follows: 



Stock option right  Shares  Subscription price
                                   (EUR/share)
2009 A-series       15,000               11.65



The full subscription price of EUR 174,750 will be entered in the paid-in
capital. Following the related subscriptions, the number of Konecranes Plc
shares will increase to 63,256,427. This number includes the shares held by the
company. 

The shares subscribed for under the stock options were registered in the Trade
Register on May 8, 2012 on the basis of which the new shares will establish
shareholder rights. Konecranes will apply for their listing, together with its
existing shares, on the Main List of the NASDAQ OMX Helsinki. Trading in the
new shares will begin on or around May 9, 2012. 

Stock options issued under Konecranes Plc's ongoing stock option plans entitle
their holders to subscribe for a total of 2,195,500 shares. The terms and
conditions of all of the company's stock option plans are available at
www.konecranes.com > investors > share information > stock option plans. 

The subscription period for B-series options under the 2007 stock option plan
ended on April 30, 2012 

The B-series stock options entitled to subscriptions of a total of 1,000,000
shares. The subscription price was EUR 25.72 per share, and a total of 5,300
new shares were subscribed for under the plan. The full subscription price EUR
136,316 has been entered in the paid-in capital. The option rights that were
not exercised by the end of the subscription period are no longer valid. 

KONECRANES PLC


Miikka Kinnunen
Director, Investor Relations


FURTHER INFORMATION
Mr Miikka Kinnunen, Director, Investor Relations, tel. +358 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 and machine tools of all
makes. In 2011, Group sales totaled EUR 1,896 million. The Group has 11,700
employees at 609 locations in 47 countries. Konecranes is listed on the NASDAQ
OMX Helsinki (symbol: KCR1V). 


DISTRIBUTION
NASDAQ OMX Helsinki
Media
www.konecranes.com