Konecranes Oyj - Company Announcement

KONECRANES BOARD OF DIRECTORS' ORGANIZING MEETING

KONECRANES PLC  STOCK EXCHANGE RELEASE  March 25, 2010 at 2.40 p.m.             

KONECRANES BOARD OF DIRECTORS' ORGANIZING MEETING 

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 Kim Gran, Mr Tapani Järvinen and
Mr Mikael Silvennoinen as Committee members. Mr Matti Kavetvuo was elected      
Chairman of the Nomination and Compensation Committee, and Mr Tomas Billing, Mr 
Stig Gustavson, and Ms Malin Persson 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 shareholding in the Company.                               

All Board members are independent of significant shareholders of the company.   


KONECRANES PLC                                                                  

Miikka Kinnunen                                                                 
Director, Investor Relations                                                    


FURTHER INFORMATION                                                             
Sirpa Poitsalo, Vice President, General Counsel, Konecranes Plc, tel. +358 20   
427 2011                                                                        
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc,                  
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 2009, Group sales totalled EUR 1,671 million. The Group has 9,800     
employees, in 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX 
Helsinki Ltd (symbol: KCR1V).                                                   

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NASDAQ OMX Helsinki Ltd                                                         
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