Share subscriptions under Konecranes' stock options

A total of 67 600 new Konecranes shares have been subscribed with B series option rights under KCI Konecranes' 2003 stock option plan.

Following these subscriptions KCI Konecranes Plc's share capital will increase by EUR 33 800 totalling EUR 30 072 660. The number of shares will increase to 60 145 320 shares.

The new shares will be recorded in the Trade Register on or about 20 February, 2007. The new shares will carry shareholders' rights from the date of registration. Konecranes will apply for their listing on the Helsinki Stock Exchange with the company's existing shares. Trading in the new shares will start on or about 21 February, 2007.

The terms and conditions of all Konecranes ongoing stock option plans are available on the Investor Relations website at www.konecranes.com.

Further information can be obtained from

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

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions and services for lifting equipment of every make. In 2005, Group sales totalled EUR 971 million. The Group has 7,500 employees, at more than 370 locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock Exchange (symbol: KCI1V).

DISTRIBUTION
OMX Helsinki Stock Exchange
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