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FRANKLIN RESOURCES HOLDING IN KCI KONECR

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KCI KONECRANES PLC                  STOCK EXCHANGE ANNOUNCEMENT 1(2)
                                    19 August, 2004 3.15 p.m.


FRANKLIN RESOURCES HOLDING IN KCI KONECRANES PLC

This is a notice under Chapter 2, Section 10 of the Finnish Securities
Market Act. Franklin Resources Inc. (trade reg. 13-2670991) notified
on August 19, 2004 KCI Konecranes Plc and the Financial Supervision
Authority of Finland the following:

As a result of a share transaction concluded on August 2, 2004
Franklin Resources, Inc. controls the voting rights pertaining to
14.17 % of the shares of KCI Konecranes Plc (on May 6, 2004 the number
was 15.32 %). The holdings of the shares and voting rights are
distributed between mutual funds and separate accounts managed by
affiliated investment advisers on Franklin Resources, Inc.

The mutual funds of Franklin Resources hold a total of 3.33 % of the
voting rights and the share capital in KCI Konecranes Plc. While
affiliated investment advisers of Franklin Resources, Inc. under
applicable account management agreements are granted voting authority
as regards the relevant account holder’s shares in KCI Konecranes Plc
amounting to 10.84 % of the voting rights in the Company.

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

The holdings were distributed on August 2, 2004 as follows:


  Holdings by mutual Funds of Franklin Number    % of total
  Resources                                      shares and
                                                 voting rights
  Franklin Templeton Investments (Asia                          
  Ltd.)                                   8,635             0.06
  Franklin Templeton Investments                                
  Australia Ltd                          24,300             0.17
  Franklin Templeton Investments Corp.                          
                                         17,195             0.12
  Franklin Templeton Investment Mgmt.,                          
  Ltd.                                  401,875             2.81
  Templeton Investment Counsel, LLC      24,105             0.17
  TOTAL                                 476,110             3.33






                                                               2 (2)


  Holdings by affiliated advisers of   Number       % of voting
  Franklin Resources, Inc. under                    rights
  account management agreement
  Fiduciary International, Inc.            150,000          1.05
  Templeton Global Advisers, Ltd.           51,363          0.36
  Templeton Investment Counsel, LLC      1,349,046          9.43
  TOTAL                                  1,550,409         10.84

KCI Konecranes, headquartered in Hyvinkää, Finland is a world leading
Engineering Group specialising in advanced overhead lifting solutions
and maintenance services. KCI Konecranes is the world's leading
supplier of heavy-duty cranes for process industries. KCI Konecranes
is a global supplier of special harbour cranes for bulk materials and
containers and a leading provider of shipyard cranes. In 2003, Group
sales totalled EUR 665 million with 4350 employees in 34 countries all
over the world.


KCI KONECRANES PLC


Franciska Janzon
IR Manager




FURTHER INFORMATION
Ms. Franciska Janzon, IR-Manager,
Group Communications and Investor Relations
Tel. +358-40 746 8381




DISTRIBUTION
Helsinki Exchanges
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