FIDELITY MANAGEMENT RESEARCH CORP'S HOLDING IN KCI KONECRANES PLC

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KCI KONECRANES PLC  STOCK EXCHANGE ANNOUNCEMENT  31 July, 2006 2.30 p.m.  1 (2)

FIDELITY MANAGEMENT RESEARCH CORP'S HOLDING IN KCI KONECRANES PLC

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

KCI Konecranes has been informed by a change in the holding of Fidelity
Management Research Corp. (FMR) and its direct and indirect subsidiaries of the
paid up share capital of KCI Konecranes Plc.

On 27 July, 2006 FMR and its direct and indirect subsidiaries were in possession
of 2 974 300 KCI Konecranes shares. This holding corresponds to 4.99 % of the
share capital and voting rights of KCI Konecranes Plc.

Holdings were as follows:

 Fund name                       Shares     Proportion of   
                                            share capital   
                                            and voting      
                                            rights %        
 VIP Cyclical Industries         19 100     0.03            
 Intl Small Cap Opportunities    734 000    1.23            
 Select Industrial Equip         58 550     0.10            
 FA Cyclical Industries Fund     61 700     0.10            
 Select Cyclical Industries      16 750     0.03            
 VIP III Mid Cap Portfolio       100        0.00            
 Fidelity Europe Fund - Canada   147 600    0.25            
 Dallas Police & Fire T50092     55 500     0.09            
 Brown & Williamson Sel Intl     23 200     0.04            
 State of Ct Ret Plan T50251     56 400     0.10            
 FID Select Intl Equity (T319)   479 300    0,81            
 Principal Partners Intl T50423  122 000    0,21            
 Illinois Surs-Sel Intl T50448   25 600     0.04            
 City of Fresno RT SY-SI T50621  1 500      0.00            
 Select Int SM Cap Coll (T1056)  33 600     0.06            
 San Diego Retirement (T2193)    61 200     0.10            
 IBM Select Eafe Canada T2205    104 400    0.18            
 Ficl Sel Intl SM CP TR T55105   17 300     0.03            
 Ficl Sel Intl Eqty TR T55106    39 600     0.07            
 Caterpillar Inc T55207          114 600    0.19            
 Caterpillar Veba Sel Eur T55257 18 400     0.03            
 Oregon Invmt CL Sel Int T55271  199 200    0.33            
 World Bank Select Intl T55274   24 000     0.04            
 BP Master TR For Emp PP T55275  39 600     0.07            
 Fid Sel Glbl Eq Tr-Wld T55281   250        0.00            
 IBM Canada Select Intl T2286    54 000     0.09            
 CDP Quebec T55293               274 000    0.46            
 Minnesota SBI Sel Intl T55303   40 400     0.07            
 Shell Oil Select Intl T55322    32 000     0.05            
 Bank of Monntreal S Intl T55349 1 950      0.00            
 Ficl Glbl Asset All EQ-Europe   18 500     0.03            
 IBM Netherlands-Select Europe   100 000    0.17            
 TOTAL                           2 974 300  4.99            

On the basis of a previous announcement, FMR and its direct and indirect
subsidiaries were in possession of 5.00 % of the share capital and the voting
rights of KCI Konecranes Plc on March 29, 2006.



      2 (2)


KCI Konecranes has a total of 59 513 720 shares. The company has only one class
of shares and each share entitles to one vote.

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 approximately 7,000 employees in 38 countries. KCI Konecranes is
listed on the Helsinki Stock Exchange (symbol: KCI1V).

KCI KONECRANES PLC


Franciska Janzon
IR Manager




FURTHER INFORMATION
Ms. Franciska Janzon, IR-Manager,
Tel. +358-20 427 2043




DISTRIBUTION
Helsinki Stock Exchange
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