Konecranes Oyj - Major shareholder announcements

Konecranes Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONECRANES PLC  STOCK EXCHANGE RELEASE  May 24, 2017  at 18:00 EET

Konecranes has on May 24, 2017 received a notification under Chapter 9, Section
5 of the Securities Market Act, according to which the holding of Terex
Corporation in Konecranes Plc’s shares and votes has fallen below 10 percent. 

Total positions of Terex Corporation on May 24, 2017:


                        % of        % of shares and     Total    Total number of
                         shares      voting rights       of       shares and    
                         and         through financial   both     voting rights 
                         voting      instruments (B)     in %     of issuer     
                         rights                          (A+B)                  
                         (A)                                                    
--------------------------------------------------------------------------------
Resulting situation of        6.21                   -     6.21       82,872,342
 the date on which the                                                          
 threshold was crossed                                                          
 or reached                                                                     
--------------------------------------------------------------------------------
Position of previous         14.66                   -    14.66                 
 notification                                                                   
--------------------------------------------------------------------------------


Notified details of the resulting situation on the date on which the threshold
was crossed or reached: 

Shares and voting rights


Class/type  Number of shares  Number of shares  % of shares and  % of shares and
 of shares   and voting        and voting        voting rights    voting rights 
ISIN code    rights            rights                                           
--------------------------------------------------------------------------------
            Direct (SMA 9:5)  Indirect (SMA     Direct (SMA      Indirect (SMA  
                               9:6 and 9:7)      9:5)             9:6 and 9:7)  
--------------------------------------------------------------------------------
FI40002329         5,150,000                 -             6.21                -
96                                                                              
(Class B                                                                        
 shares)                                                                        
--------------------------------------------------------------------------------
TOTAL              5,150,000                 -             6.21                -
--------------------------------------------------------------------------------


Terex Corporation is listed on the New York Stock Exchange and is not
controlled by any natural person or legal entity. 


KONECRANES PLC



Miikka Kinnunen
Vice President, Investor Relations



FURTHER INFORMATION
Mr. Miikka Kinnunen, Vice President, Investor Relations, tel. +358 (0) 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 of all makes. In 2016,
Group (comparable combined company) sales totaled EUR 3,278 million. The Group
has 17,000 employees at 600 locations in 50 countries. Konecranes class A
shares are listed on the Nasdaq Helsinki (symbol: KCR). 





DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com