Konecranes Oyj - Decisions of extraordinary general meeting

RESOLUTIONS OF KONECRANES PLC'S EXTRAORDINARY GENERAL MEETING

KONECRANES PLC STOCK EXCHANGE RELEASE   August 31, 2009 at 1.30 p.m.            

RESOLUTIONS OF KONECRANES PLC'S EXTRAORDINARY GENERAL MEETING                   

The Extraordinary General Meeting of Konecranes Plc was held today on Monday, 31
August 2009 at 11 a.m. at the Company's auditorium in Hyvinkää, Finland. The    
following resolutions were made by the meeting:      

Proposal by the board of directors to authorize the board of directors to decide
on the issuance of shares as well as on the issuance of special rights entitling
to shares referred to in chapter 10 section 1 of the Finnish Companies Act:     

The EGM authorized the Board of Directors to decide on the issuance of shares as
well as the issuance of special rights entitling to shares as follows:          

The amount of shares to be issued based on this authorization shall not exceed  
12,000,000 shares, which corresponds to approximately 19.4 % of all of the      
shares in the Company.                                                          

The Board of Directors decides on all the conditions of the issuance of shares  
and of special rights entitling to shares. The issuance of shares and of special
rights entitling to shares may be carried out in deviation from the             
shareholders' pre-emptive rights (directed issue). However, the authorization   
cannot be used for incentive arrangements.                                      

The authorization is effective until the end of the next Annual General Meeting,
however no longer than until 11 September 2010.                                 

Proposal by the board of directors to authorize the board of directors to decide
on the repurchase and/or on the acceptance as pledge of the company's own       
shares:                                                                         

The EGM authorized the Board of Directors to decide on the repurchase and/or on 
the acceptance as pledge of the company's own shares as follows:                

The amount of own shares to be repurchased and/or accepted as pledge shall not  
exceed 6,000,000 shares in total, which corresponds to approximately 9.7 % of   
all of the shares in the Company. However, the Company together with its        
subsidiaries cannot at any moment own and/or hold as pledge more than 10 per    
cent of all the shares in the Company. Only the unrestricted equity of the      
Company can be used to repurchase own shares on the basis of the authorization. 

Own shares can be repurchased at a price formed in public trading on the date of
the repurchase or otherwise at a price formed on the market.                    

The Board of Directors decides how own shares will be repurchased and/or        
accepted as pledge. Own shares can be repurchased using, inter alia,            
derivatives. Own shares can be repurchased otherwise than in proportion to the  
shareholdings of the shareholders (directed repurchase).                        

Own shares can be repurchased to limit the dilutive effects of share issues     
carried out in connection with possible acquisitions, to develop the company's  
capital structure, to be transferred in connection with possible acquisitions or
to be cancelled, provided that the repurchase is in the interest of the company 
and its shareholders.                                                           

The authorization is effective until the end of the next Annual General Meeting,
however no longer than until 11 September 2010.                                 

Proposal by the board of directors to authorize the board of directors to decide
on the transfer of the company's own shares:                                    

The EGM authorized the Board of Directors to decide on the transfer of the      
company's own shares as follows:                                                

The authorization is limited to a maximum of 6,000,000 shares, which corresponds
to approximately 9.7 % of all of the shares in the Company.                     

The shares may be transferred in one or several tranches. The Board of Directors
is authorized to resolve upon the terms and conditions of the transfer of the   
Company's own shares. The shares may be transferred with deviation from the     
shareholders' pre-emptive rights, provided that weighty financial grounds exist 
for this. The Board of Directors can also use this authorization to grant       
special rights concerning the Company's own shares, referred to in Chapter 10 of
the Companies Act. However, the authorization cannot be used for incentive      
arrangements.                                                                   

This authorization shall be effective until the next Annual General Meeting of  
Shareholders, however no longer than until 11 September 2010.                   

Minutes of the Meeting                                                          

The minutes of the EGM will be available at the Company's internet pages at     
www.konecranes.com/egm2009 as of September 14, 2009 at the latest.              

In Hyvinkää, August 31, 2009                                                    

Konecranes Plc                                                                  
The Board of Directors                                                          


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

KONECRANES PLC                                                                  

Sanna Päiväniemi                                                                
IR Manager                                                                      


FURTHER INFORMATION                                                             
Ms Sirpa Poitsalo, Director, General Counsel, tel. +358 20 427 2011             


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NASDAQ OMX Helsinki Ltd                                                         
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