INCREASE IN KCI KONECRANES SHARE CAPITAL REGISTERED

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KCI KONECRANES PLC   STOCK EXCHANGE ANNOUNCEMENT   23 June, 2005 10.30 a.m.  1

INCREASE IN KCI KONECRANES SHARE CAPITAL REGISTERED

The new 31,500 shares subscribed for with option rights pursuant to KCI
Konecranes Plc's stock option of the 1999B (1,500 shares) and 2003A (30,000
shares) plans have been recorded in the Trade Register on 23 June, 2005.

Following these subscriptions KCI Konecranes' share capital increased by EUR
63,000, totalling EUR 28,696,260. The total number of shares increased by 31,500
shares from 14,316,630 to 14,348,130.

Trading in these shares will start on or about 27 June, 2005.

KCI Konecranes. 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 2004, Group sales
totalled EUR 728 million. The Group has 4,850 employees in 35 countries all over
the world.

KCI KONECRANES PLC


Franciska Janzon
IR Manager




FURTHER INFORMATION
KCI Konecranes Plc
Franciska Janzon, IR Manager
Phone +358-20 427 2043




DISTRIBUTION
Helsinki Stock Exchange
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