INCREASE IN KONECRANES' NUMBER OF SHARES REGISTERED

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The 5 600 new Konecranes shares subscribed for with Konecranes' 1997 stock      
options have been recorded in the Trade Register on 8 August, 2007.             

Following these subscriptions the number of Konecranes Plc's shares increased to
60 672 180 shares. The subscription price has been booked in its entirety to the
paid in capital.                                                                

Trading in all new shares will start on or about 10 August, 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 7,800 employees, at more than 370     
locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock       
Exchange (symbol: KCR1V).                                                       

KONECRANES PLC                                                                  


Paul Lönnfors                                                                   
IR Manager                                                                      




FURTHER INFORMATION                                                             
Konecranes Plc                                                                  
Teuvo Rintamäki, Chief Financial Officer, tel. +35820 427 2040                  




DISTRIBUTION                                                                    
OMX Helsinki Stock Exchange                                                     
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