KCI Konecranes' share split and amendment to Articles of Association registered

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KCI Konecranes’ increase of the number of shares (share split) and amendment to Article 4 of the Articles of Association that were approved by KCI Konecranes Plc’s Annual General Meeting on March 8, 2006, have been entered in the Trade Register today.

As a result of the share split, the shares of the company were quadrupled from 14,772,730 shares to 59,090,920 shares with an accounting par value of 0.50 euro each. The share capital remains unchanged, i.e. EUR 29,545,460. The share split will be implemented in the book-entry system and it does not require any measures from the shareholders. The new shares are available for public trading on the Helsinki Stock Exchange as of March 20, 2006.

The AGM’s decision to change the article 4 of the Articles of Association and abolish the nominal value of the shares was also registered today. The amended Article 4 of the Articles of Association reads as follows:

4 § Number of shares

The company shall have a minimum of forty million (40,000,000) and a maximum of one hundred sixty million (160,000,000) shares.

Further information can be obtained from

Ms Sirpa Poitsalo, Director, General Counsel, tel. +358-20 427 2011

KCI Konecranes is a world leading crane technology and service-company. Maintenance services are provided for cranes of every make. The product range includes light crane systems, heavy-duty cranes for process industries and shipyards, special harbour cranes for bulk materials and containers as well as reach stackers and lift trucks. In 2005, Group sales totalled EUR 971 million. The Group has 5,900 employees in 38 countries. KCI Konecranes is listed on the Helsinki Stock Exchange (symbol: KCI1V).

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