BARCLAY GLOBAL INVESTORS UK HOLDINGS LTD'S HOLDING IN KONECRANES PLC

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KONECRANES PLC  STOCK EXCHANGE RELEASE  OCTOBER 15, 2008 AT 4.00 P.M.           

BARCLAY GLOBAL INVESTORS UK HOLDINGS LTD'S HOLDING IN KONECRANES PLC            

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

Konecranes has been informed of a change in the holding of Barclays Global      
Investors UK Holdings Ltd of the paid up share capital of Konecranes Plc.       

On October 9, 2008 Barclays Global Investors UK Holdings Ltd was in possession  
of 2,999,322 Konecranes shares. The holding corresponds 4.88 % of the share     
capital and voting rights in Konecranes Plc.                                    

Barclays Global Investors UK Holdings Ltd is the parent company of the following
subsidiaries holding the shares in Konecranes Plc:                              
- Barclays Global Investors Limeited (Registered number 796793)                 
- Barclays Global Investors N.A. (Registered number 22121)                      
- Barclays Global Fund Advisors (Registered number 94-2948313)                  
- Barclays Global Investors (Deutschland) AG (Registered number HRB123527)      

On the basis of a previous announcement, Barclays Global Investors UK Holdings  
Ltd were in possession of 5.64 % of the share capital and the voting rights of  
Konecranes Plc on February 28, 2008.                                            

Konecranes has a total of 61,424,020 shares. The company has only one class of  
shares and each share entitles to one vote.                                     

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 as well as services for lifting equipment and machine tools of all    
makes. In 2007, Group sales totaled EUR 1,750 million. The Group has 9,350      
employees, at more than 470 locations in 43 countries. Konecranes is listed on  
the OMX Nordic Exchange Helsinki (symbol: KCR1V).                               

KONECRANES PLC                                                                  


Sanna Päiväniemi                                                                
IR Manager                                                                      




FURTHER INFORMATION                                                             
Konecranes Plc                                                                  
Sanna Päiväniemi, IR Manager, tel. +358 (0)20 427 2050                          



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OMX Nordic Exchange Helsinki                                                    
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