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2007-04-02 10:50:00 CEST 2007-04-02 10:50:00 CEST REGULATED INFORMATION Konecranes Oyj - Major shareholder announcementsJP MORGAN CHASE & CO INCREASED ITS HOLDING IN KONECRANES PLCKONECRANES PLC STOCK EXCHANGE ANNOUNCEMENT 2 April, 2007 11.50 a.m. JP MORGAN CHASE & CO INCREASED ITS HOLDING IN KONECRANES PLC This is a notice under the Securities Market Act. of Finland, Chapter 2. Section 10: Konecranes has been informed of a change in JPMorgan Chase & Co's and its subsidiaries' holdings in Konecranes Plc. On 29 March, 2007 JPMorgan Chase & Co and its subsidiaries were in possession of 3 313 163 Konecranes shares being 5.497 % of the share capital and voting rights of Konecranes Plc. Holdings were as follows: -------------------------------------------------------------------------------- | Fund name | Shares | Proportion of | | | | share capital and | | | | voting rights % | -------------------------------------------------------------------------------- | J.P. Morgan Investment Management Inc. | 153 073 | 0.254 | -------------------------------------------------------------------------------- | JP Asset Management (Taiwan) Limited | 40 560 | 0.067 | -------------------------------------------------------------------------------- | JP Asset Management Limited | 7 690 | 0.013 | -------------------------------------------------------------------------------- | J.P. Morgan Asset Management (Japan) | 8 305 | 0.014 | | Limited | | | -------------------------------------------------------------------------------- | JP Morgan Asset Management (UK) Limited | 3 062 876 | 5.082 | -------------------------------------------------------------------------------- | J.P. Morgan Securities Ltd. | 40 659 | 0.067 | -------------------------------------------------------------------------------- | TOTAL | 3 313 163 | 4.497 | -------------------------------------------------------------------------------- On the basis of a previous announcement, JPMorgan Chase & Co. and its direct and indirect subsidiaries were in possession of 4.881 % of the share capital and the voting rights of Konecranes Plc on 14 March, 2007. Konecranes has a total of 60 272 220 shares. The company has only one class of shares and each share entitles to one vote. 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 and services for lifting equipment of every make. In 2006, Group sales totalled EUR 1,483 million. The Group has 7,500 employees, at more than 370 locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock Exchange (KCR1V). KONECRANES PLC Paul Lönnfors, IR Manager FURTHER INFORMATION Mr Paul Lönnfors, IR Manager, tel. +358 20 427 2050 DISTRIBUTION OMX Helsinki Stock Exchange Media |
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