INCREASE IN KONECRANES' NUMBER OF SHARES REGISTERED

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KONECRANES PLC  STOCK EXCHANGE RELEASE  NOVEMBER 3, 2008 AT 10.15 A.M.          

INCREASE IN KONECRANES' NUMBER OF SHARES REGISTERED                             

The 46,416 new Konecranes shares subscribed for with the stock option rights    
under Konecranes 1997 stock option plan, B series stock option rights under 2001
stock option plan and the C series stock option rights under 2003 stock option  
plan have been recorded in the Trade Register on November 3, 2008.              

Following these subscriptions the number of Konecranes Plc's shares will        
increase to 61,470,436 shares. The subscription price will be booked in its     
entirety to the paid in capital.                                                

Trading in the new shares will start on or about November 4, 2008.              

The terms and conditions of all Konecranes ongoing stock option plans are       
available on the Investor Relations website at www.konecranes.com/investor.     

Konecranes is a world-leading group of Lifting Businesses™, serving a broad     
range of customers, including manufacturing and process industries, shipyards,  
ports and terminals. Konecranes provides productivity-enhancing lifting         
solutions as well as services for lifting equipment and machine tools of all    
makes. In 2007, Group sales totaled EUR 1,750 million. The Group has 9,600      
employees, at more than 470 locations in 43 countries. Konecranes is listed on  
the OMX Nordic Exchange Helsinki (symbol: KCR1V).                               

KONECRANES PLC                                                                  



Sanna Päiväniemi                                                                
IR Manager                                                                      





FURTHER INFORMATION                                                             
Konecranes Plc                                                                  
Teo Ottola, Chief Financial Officer, tel. +358 20 427 2040                      




DISTRIBUTION                                                                    
OMX Nordic Exchange Helsinki                                                    
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