The Capital Group Companies, Inc's holding in KCI Konecranes Plc

Stock exchange releases

This is a notice under the Securities Market Act. of Finland Chapter 2. Section 10:

The Capital Group Companies, Inc.’s (Taxpayer I.D. 86-0206507) holding in KCI Konecranes Plc has on 20 May, 2003 fallen below 5 % of the company’s total share capital and voting rights. The Capital Group Companies, Inc informed on 22 May, 2003 both KCI Konecranes Plc and the Financial Supervision of Finland of the new holding proportions.

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

The Capital Group Companies, Inc.’s (“CGC”) total shareholding has reached the following proportions:

Company

Shares

% of share
capital and
voting rights

Capital Research and Management Company

0

0

Capital Guardian Trust Company

687,193

4.80

Capital International, Inc.

10,240

0.07

Capital International Limited

0

0

Capital International, S.A.

0

0

In total

697,433

4.87

The shares being reported were purchased on the market in the ordinary course of business.

The Capital Group Companies, Inc. (“CGC”) is a holding company for several subsidiary companies engaged in investment management activities. The investment activities are divided into two operational groups, represented by Capital Research and Management Company (“CRMC”) and Capital Group International, Inc. (“CGII”). CRMC is a U.S.-based investment adviser that manages The American Funds Group of mutual funds. CGII is the parent company of five companies that serve as investment managers to various institutional clients around the globe: Capital Guardian Trust Company in the U.S., Capital International, Inc. in the U.S. and Singapore, Capital International Limited in the United Kingdom, Capital International S.A. in Switzerland and Capital International K.K. in Japan.

For a more complete description of the CGC organisation, please refer to the web site www.capgroup.com.

In its previous notice under the Securities Market Act of Finland, Chapter 2. Section 10 on 14 June, 2002 CGC informed that its holding of shares and voting rights in the Company amounted to 5.24 %.

For further information, please contact:

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