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INCREASE IN KONECRANES' NUMBER OF SHARES REGISTERED

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INCREASE IN KONECRANES' NUMBER OF SHARES REGISTERED                             


The 134 200 new Konecranes shares subscribed for with Konecranes 1997, 1999B,   
2001B, 2003B and 2003C stock options have been recorded in the Trade Register on
December 20, 2007.                                                              

Following these subscriptions the number of Konecranes Plc's shares will        
increase to 60,978,780 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 December 21, 2007.             

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

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 and services for lifting equipment of every make. In 2006, Group sales
totalled EUR 1483 million. The Group has 8,000 employees, at more than 370      
locations in 43 countries. Konecranes is listed on the OMX Helsinki Stock       
Exchange (symbol: KCR1V).                                                       

KONECRANES PLC                                                                  



Paul Lönnfors                                                                   
IR Manager                                                                      




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




DISTRIBUTION                                                                    
OMX Helsinki Stock Exchange                                                     
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