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CHANGE OF CHIEF FINANCIAL OFFICER IN KONECRANES

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KCI KONECRANES PLC  STOCK EXCHANGE RELEASE    14 February, 2007 10.30 am   1


CHANGE OF CHIEF FINANCIAL OFFICER IN KONECRANES

The Konecranes Group's CFO Teuvo Rintamäki has informed that he will leave his
position. Mr. Rintamäki has been a member of the Group management team since it
was formed after an MBO-transaction in 1994. Prior to this, he held various
positions as of 1981 within KONE Corporation, and in 1988-1994 he was the
Financial Director of KONE's crane division.

"I have worked in the crane industry for the past 26 years. Konecranes is
currently in very good shape and its future prospects are excellent. However,
both personally and for the sake of renewal in the Group, I feel that the time
has come for a CFO change at Konecranes. For the moment I have no plans to seek
full time employment", says Mr. Rintamäki.

"I understand and respect Mr. Rintamäki's decision, although I would have
preferred to see him continue his successful career within the crane industry for
many years to come. I warmly thank Mr. Rintamäki for his excellent contribution
to the development of this Group", says Konecranes President and CEO Pekka
Lundmark.

The search for a new CFO will start immediately and both internal and external
candidates will be considered. Mr. Rintamäki has confirmed that he will continue
as CFO until his successor has been appointed and introduced to the position.

Konecranes is a world-leading group of Lifting Businesses TM, 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 2006, Group sales totalled
EUR 1483 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).

KCI KONECRANES PLC


Paul Lönnfors
IR Manager




FURTHER INFORMATION
Pekka Lundmark, president and CEO, tel. +358-20 427 2000
Teuvo Rintamäki, Chief Financial Officer, tel. +358-20 427 2040




DISTRIBUTION
OMX Helsinki Stock Exchange
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