Increase in KCI Konecranes share capital registered

Pursuant to KCI Konecranes Plc’s 1997 bonds with warrants, 1 400 shares subscribed with the warrants have been registered in the Finnish Trade Register on December 28, 2004.

As a result of the subscriptions, the company's registered share capital increased by EUR 2 800 to EUR 28 620 060 and the total amount of shares increased to 14 310 030.

Trading in these shares will start on December 29, 2004 on the main list on the Helsinki Stock Exchange with the company’s existing shares.

Further information can be obtained from

KCI Konecranes Plc
Teuvo Rintamäki, Chief Financial Officer, tel. +358-20 427 2040

KCI Konecranes. 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 and a global supplier of special cranes for harbours and shipyards. In 2003, Group sales totalled EUR 665 million with 4350 employees in 34 countries all over the world.

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