Konecranes Oyj - Major shareholder announcements

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

KONECRANES PLC  STOCK EXCHANGE RELEASE  January 9, 2017  at 16:00 EET

Konecranes has on January 9, 2017, received a notification under Chapter 9,
Section 5 of the Securities Market Act, according to which, as a result of an
intra-group transfer, the holding of Terex Deutschland GmbH in Konecranes Plc’s
shares and votes has fallen below 5 percent and the holding of Terex
Corporation in Konecranes Plc’s shares and votes has exceeded 20 percent. 

Total positions of Terex Deutschland GmbH and Terex Corporation on January 6,
2017: 

                        % 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       23.65                   -    23.65       82,872,342
 the date on which the                                                          
 threshold was crossed                                                          
 or reached                                                                     
--------------------------------------------------------------------------------
Position of previous         23.65                   -    23.65                 
 notification                                                                   
--------------------------------------------------------------------------------


Notified details of the resulting situation on the date on which the threshold
was crossed or reached: 

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)  
--------------------------------------------------------------------------------
FI40002329        19,600,000                 -            23.65                -
96                                                                              
Class B                                                                         
 shares                                                                         
--------------------------------------------------------------------------------
TOTAL             19,600,000                 -            23.65                -
--------------------------------------------------------------------------------


Terex Corporation has on January 5, 2017, on behalf of itself and, among
others, Terex Deutschland GmbH, submitted a notification of major holdings
concerning the acquisition by Terex Deutschland GmbH of 19,600,000 Class B
shares in the issuer. Terex Corporation has subsequently on January 6, 2017
acquired said shares from Terex Deutschland GmbH in an intra-group transfer.
Pursuant to the transfer agreement between Terex Corporation and Terex
Deutschland GmbH, the shares have been transferred to Terex Corporation on
January 6, 2017. Terex Deutschland GmbH is 100% owned and controlled by Terex
Germany GmbH & Co. KG, which is 100% owned and controlled by Terex European
Holdings B.V, which is 100% owned and controlled by Terex Netherlands Holdings
B.V, which is 100% owned and controlled by Terex Corporation. Terex Corporation
is listed on the New York Stock Exchange and is not controlled by any natural
person or legal entity. 


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. The Group has
18,000 employees at 600 locations in 50 countries. Konecranes class A share is
listed on Nasdaq Helsinki (symbol: KCR). 



DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com