Konecranes Oyj - Company Announcement

KONECRANES WINS RECORD-BREAKING PORT CRANE ORDER FROM ST.PETERSBURG

KONECRANES PLC  STOCK EXCHANGE RELEASE JULY 1, 2008 AT 14.45

Konecranes wins record-breaking port crane order from St.Petersburg 

Konecranes has in June 2008 received one of its largest-ever orders comprising
four ship-to-shore (STS) cranes and ten rubber-tired gantry (RTG) cranes from
Russian operator JSC “Fourth Stevedoring Company”. The crane delivery will
start in the third quarter of 2009. The value of the order is more than MEUR
40. 

JSC “Fourth Stevedoring Company” forms part of the largest group of stevedoring
companies in St.Petersburg and is a new customer for Konecranes with regards to
STS and RTG cranes. The container terminal on the territory of JSC “Fourth
Stevedoring Company” currently under construction is expected to have an annual
capacity of 350,000 TEUs by 2009 when the first stage is launched. By 2011
throughput is expected to increase to 1,400,000 TEUs. 

“The Russian market is one of the world's fastest-growing markets,” says Tuomas
Saastamoinen, Sales and Marketing Director, Port Cranes at Konecranes. “This
order and previous orders from St.Petersburg and Baltic ports over recent
months confirm our leading position in the area.” 

The four Panamax STS container cranes offer efficient loading and unloading of
Panamax-sized vessels. They have a lifting capacity of 50 metric tons, an
outreach of 38 meters and are equipped with Konecranes AC electrical control
system. The ten 16-wheel RTGs have a lifting capacity of 50 metric tons and can
stack one over five containers high and seven wide plus a truck lane. 

Konecranes has been building a local presence in Russia for several years.
Special emphasis has been put on service in order to ensure strong customer
support. This commitment has paid off, and today Konecranes' market share in
Russia is steadily growing. 

Further information:
Press
Seppo Hoppu, Director, East Europe
E-mail: seppo.hoppu@konecranes.com or phone +358 20 427 4100 

Tuomas Saastamoinen, Sales and Marketing Director, Port Cranes, Director, RTG
cranes 
E-mail: tuomas.saastamoinen@konecranes.com or phone +358 20 427 2662

Financial Media and Analysts
Paul Lönnfors, Investor Relations Manager
E-mail: paul.lonnfors@konecranes.com or phone +358 20 427 2050

This press release and a downloadable picture are available at our website
www.konecranes.com 

Caption:
”Konecranes supplies STS and RTG container handling cranes to Russian container
terminal.” 

About Konecranes
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 2007, Group sales totaled EUR 1,750 million. The Group has 8,800
employees, in more than 470 locations in 43 countries. Konecranes is listed on
the OMX Helsinki Stock Exchange (symbol: KCR1V).

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