Konecranes Oyj - Company Announcement

KONECRANES PLC - KONECRANES PLC'S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS

KONECRANES PLC STOCK EXCHANGE RELEASE March 24, 2011 at 09:30

A total of 784,300 of Konecranes Plc's new shares were subscribed for under the
company's stock option plans as follows: 


Stock option right  Shares   Subscription price /EUR/share)
2007 A-series       784,000                           25.72
2007 B-series           300                           25.72
The full subscription price of EUR 20,172,196 will be entered in the paid-in
capital. Following the related subscriptions, the number of Konecranes Plc
shares will increase to 63,078,227. This number includes the shares held by the
company. 

The shares subscribed for under the stock options were registered in the Trade
Register on March 24, 2011 on the basis of which the new shares will establish
shareholder rights. Konecranes will apply for their listing, together with its
existing shares, on the Main List of the NASDAQ OMX Helsinki. Trading in the
new shares will begin on or around March 25, 2011. 

Stock options issued under Konecranes Plc's ongoing stock option plans entitle
their holders to subscribe for a total of 2,562,400 shares. The terms and
conditions of all of the company's stock option plans are available at
www.konecranes.com > investors > share information > stock option plans. 


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 2010, Group sales totaled EUR 1,546 million. The Group has 10,000
employees at 578 locations in 46 countries. Konecranes is listed on the NASDAQ
OMX Helsinki (symbol: KCR1V). 


DISTRIBUTION
Media
NASDAQ OMX Helsinki
www.konecranes.com