KCI Konecranes reduces the round lot of its share

Stock exchange releases

KCI Konecranes Plc has applied to Helsinki Exchanges for the reduction of the round lot size of its share (trading code KCI1V) from the current 100 to 50 shares. The change will be valid as of April 30th, 2004.

With a reduction of the round lot size KCI Konecranes wants to make it easier to invest in the KCI Konecranes share, increase trading volume and thereby improve the liquidity of the share.

The shares of KCI Konecranes Plc are listed on Helsinki Exchanges. KCI Konecranes has only one class of shares and each share entitles to one vote. The total number of shares is 14,308,630.

 

Further information can be obtained from

KCI Konecranes Plc
Teuvo Rintamäki, Chief Financial Officer
Phone +358 20 427 2040, Fax +358 20 427 2099

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.

DISTRIBUTION Helsinki Exchanges Media