Franklin Resources holding in KCI Konecranes Plc

This is a notice under Chapter 2, Section 10 of the Finnish Securities Market Act. Franklin Resources Inc. (trade reg. 13-2670991) notified on August 19, 2004 KCI Konecranes Plc and the Financial Supervision Authority of Finland the following:

As a result of a share transaction concluded on August 2, 2004 Franklin Resources, Inc. controls the voting rights pertaining to 14.17 % of the shares of KCI Konecranes Plc (on May 6, 2004 the number was 15.32 %). The holdings of the shares and voting rights are distributed between mutual funds and separate accounts managed by affiliated investment advisers on Franklin Resources, Inc.

The mutual funds of Franklin Resources hold a total of 3.33 % of the voting rights and the share capital in KCI Konecranes Plc. While affiliated investment advisers of Franklin Resources, Inc. under applicable account management agreements are granted voting authority as regards the relevant account holder’s shares in KCI Konecranes Plc amounting to 10.84 % of the voting rights in the Company.

KCI Konecranes has only one class of shares and each share entitles to one vote. The share capital is EUR 28,617,260 and the total number of shares is 14,308,630.

The holdings were distributed on August 2, 2004 as follows:

Further information can be obtained from

Ms. Franciska Janzon, IR-Manager,
Group Communications and Investor Relations
Tel. +358-40 746 8381

KCI Konecranes, headquartered in Hyvinkää, Finland is a world leading Engineering Group specialising in advanced overhead lifting solutions and maintenance services. KCI Konecranes is the world's leading supplier of heavy-duty cranes for process industries. KCI Konecranes is a global supplier of special harbour cranes for bulk materials and containers and a leading provider of shipyard cranes. In 2003, Group sales totalled EUR 665 million with 4350 employees in 34 countries all over the world.