Konecranes Oyj - Company Announcement

AMENDMENT TO KONECRANES PLC PERFORMANCE SHARE PLAN 2012

KONECRANES PLC  STOCK EXCHANGE RELEASE  January 31, 2013  at 11:00

The Board of Directors has resolved to amend the performance share plan
launched in 2012 so that two three-year discretionary periods 2013—2015 and
2014—2016 will follow the discretionary periods commenced in 2012.  The
performance criterion for the discretionary period 2013-2015 is the cumulative
Earnings per Share (EPS) of the financial years 2013—2015. 

The target group of the plan consists of approximately 150 people during the
discretionary period 2013—2015. The rewards to be paid on the basis of the
discretionary period correspond to the value of an approximate maximum total of
700,000 Konecranes Plc shares. If the targets determined by the Board of
Directors are attained, the reward payout may be a half of the maximum reward.
The maximum reward payout requires that the targets are clearly exceeded. 

The launch and essential terms and conditions of the performance share plan
2012 have been published in a stock exchange release on March 22, 2012. 

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 2012, Group sales totaled EUR 2,170 million. The Group has 12,100
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