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FRANKLIN RESOURCES HOLDING IN KCI KONECR

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KCI KONECRANES PLC                  STOCK EXCHANGE ANNOUNCEMENT 1(2)
                                    6 May, 2004 1.00 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 May 5, 2004 KCI Konecranes Plc and the Financial Supervision
Authority of Finland the following:

Franklin Resources, Inc. controls the voting rights pertaining to
15.32% of the shares of KCI Konecranes Plc and the ownership of the
shares is distributed between mutual funds and separate accounts
managed by affiliated investment advisers (on March 19, 2004 the
number was 14.96 %).

The mutual funds of Franklin Resources hold a total of 3.35 % 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 11.97 % 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.

As a result of a share transaction concluded on May 4, 2004, the
holdings of the below listed funds and accounts were as follows:


  Holdings by mutual Funds of              Number  % of total
  Franklin Resources                               shares and
                                                       voting
                                                       rights
  Franklin Templeton Investments (Asia                       
  Ltd.)                                     8,075        0.05
  Franklin Templeton Investments                             
  Australia Ltd                            26,950        0.19
  Franklin Templeton Investments Corp.     16,820        0.12
  Franklin Templeton Investment Mgmt.,                       
  Ltd.                                    401,875        2.81
  Templeton Global Advisors, Ltd.           1,503        0.01
  Templeton Investment Counsel, LLC                          
  (Tax ID 59-1961621)                      24,105        0.17
  TOTAL                                   479,328        3.35




                                                             2 (2)


  Holdings by affiliated advisers of         Number      % of
  Franklin Resources, Inc. under                       voting
  account management agreement                         rights
  Fiduciary International, Inc.              74,100      0.52
  Templeton Global Advisers, Ltd.            98,413      0.69
  Templeton Investment Counsel, LLC                          
  (Tax ID 59-1961621)                     1,540,046     10,76
  TOTAL                                   1,712,559     11.97


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




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




DISTRIBUTION
Helsinki Exchanges
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