Appointments in KCI Konecranes Group Management

The Board of Directors of KCI Konecranes Plc has made the following appointments:

Mr Antti Vanhatalo, (M.Sc. Eng.), 58, is appointed Group Vice President. Mr Vanhatalo will lead specific projects related to the Group’s business development.

Mr Vanhatalo has been with KCI Konecranes since 1969, in different positions both in Finland and abroad. His most recent position was that of President, Process Cranes (part of Special Cranes Business Area) and Managing Director, Konecranes Components Corporation since 1994. During 1987-1992 he was the President of Konecranes Landel Inc, USA. Mr Vanhatalo reports to Mr Stig Gustavson, Group President and CEO.

Merging the management of the Business Lines Harbour and Shipyard Cranes (VLC) and Heavy Duty Process Cranes (GCC), Mr Mikko Uhari (Tech. Lis.), 46, is appointed President, Special Cranes Business Area.

Mr Uhari has been with KCI Konecranes since 1997. His previous position was that of President, Harbour and Shipyard Cranes (part of Special Cranes Business Area) and Managing Director, Konecranes VLC Corporation since 1997. In his new position Mr Uhari reports to Mr Matti Ruotsala, Group Chief Operating Officer and Deputy to CEO.

These appointments are effective as of January 1, 2004.

Further information can be obtained from

Stig Gustavson, President and CEO, KCI Konecranes Plc,
Tel. +358-20 427 2000

A downloadable high-resolution picture of Antti Vanhatalo and Mikko Uhari are available at www.konecranes.com under Press Room / Photo Gallery.

KCI Konecranes is a world leading engineering group specializing in advanced overhead lifting solutions and maintenance services. Group activity is organized along three business areas: Maintenance Services (47% of Group sales) Standard Lifting Equipment (26%) and Special Cranes (27%). In 2002, Group sales totalled EUR 714 million with over 4400 employees in 34 countries all over the world.