Konecranes Oyj - Changes board/management/auditors

KONECRANES APPOINTS JAANA RINNE AS DIRECTOR, TALENT MANAGEMENT

KONECRANES APPOINTS JAANA RINNE AS DIRECTOR, TALENT MANAGEMENT                  

Jaana Rinne, M.Sc. (Econ.), has been appointed Director, Talent Management and  
member of the Group Executive Board at Konecranes Plc. Ms Rinne will be         
responsible for all human resources matters, including competence development   
and administration. Ms Rinne will take up her new position on December 4, 2007. 

Ms Rinne moves to her new duties from the position of Director, Human Resources 
at Business Area Service. Ms Rinne has worked for the company since 1986, during
1986-1997 with different duties in finance and since 1997 in human resources,   
first in Business Area Standard Lifting and since 2004 in Service.              

“Jaana Rinne's extensive experience of our organization and strong track record 
in her previous duties provide her with outstanding potential for developing our
personnel” says Konecranes Group President and CEO Pekka Lundmark.              

Peggy Hansson, Director, Competence Development and member of the Konecranes    
Group Executive Board, has informed the company that she will leave her position
in February 2008.                                                               

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 2006, Group sales totaled EUR 1483 million. The Group has 8,000       
employees, at more than 370 locations in 41 countries. Konecranes is listed on  
the OMX Helsinki Stock Exchange (symbol: KCR1V).                                

KONECRANES PLC                                                                  


Paul Lönnfors                                                                   
IR Manager                                                                      




FURTHER INFORMATION                                                             
Pekka Lundmark, President & CEO, tel. +358 20 427 2000                          




DISTRIBUTION                                                                    
OMX Helsinki Stock Exchange                                                     
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