Konecranes Oyj - Company Announcement

KONECRANES PLC BOARD OF DIRECTORS’ ORGANIZING MEETING

KONECRANES PLC  STOCK EXCHANGE RELEASE  March 21, 2013 at 3.30 p.m.

In its first meeting held after the Annual General Meeting, the Board of
Directors elected Mr Stig Gustavson to continue as Chairman. Mr Svante Adde was
elected Chairman of the Audit Committee, and Mr Tapani Järvinen, Ms Malin
Persson and Mr Mikael Silvennoinen as Committee members. Mr Bertel Langenskiöld
was elected Chairman of the Nomination and Compensation Committee, and Mr Stig
Gustavson, Mr Matti Kavetvuo and Ms Nina Kopola were elected as Committee
members. 

With the exception of Mr Stig Gustavson, the Board members are deemed to be
independent of the company under the Finnish Corporate Governance Code. Mr
Gustavson is deemed dependent of the company based on the Board's overall
evaluation relating to his former and current positions in Konecranes combined
with his substantial voting rights in the Company. 

With the exception of Mr Bertel Langenskiöld, the Board members are independent
of significant shareholders of the company. Mr Langenskiöld is not independent
of significant shareholders of the company based on his current position as the
Managing Director of Hartwall Capital Oy Ab. HTT KCR Holding Oy Ab holds more
than 10 percent of Konecranes Plc's shares and votes. HTT KCR Holding Oy Ab is
a subsidiary of Hartwall Capital Oy Ab. In addition, HTT KCR Holding Oy Ab, K.
Hartwall Invest Oy Ab, Fyrklöver-Invest Oy Ab and Ronnas Invest AG will in
practice co-operate in matters concerning their ownership in Konecranes Plc. 

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations



FURTHER INFORMATION
Sirpa Poitsalo, Vice President, General Counsel, tel. +358 20 427 2011
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 626 locations in 48 countries. Konecranes is listed on the NASDAQ
OMX Helsinki (symbol: KCR1V). 



DISTRIBUTION
NASDAQ OMX Helsinki
Major media
www.konecranes.com