INCREASE IN KONECRANES' NUMBER OF SHARES REGSTERED

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The 53,000 new Konecranes shares subscribed for with Konecranes' 1999B, 2001B   
and 2003B stock options have been recorded in the Trade Register on            
6 November 2007. 

Following these subscriptions the number of Konecranes Plc's shares increased to
60,844,580 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 7 November 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 41 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. +35820 427 2040                       





DISTRIBUTION                                                                    
OMX Helsinki Stock Exchange                                                     
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