KCI KONECRANES' SHARE SPLIT AND AMENDMENT TO ARTICLES OF ASSOCIATION REGISTERED

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KCI KONECRANES PLC  STOCK EXCHANGE ANNOUNCEMENT  17 March, 2006 12.45 noon  1

KCI KONECRANES' SHARE SPLIT AND AMENDMENT TO ARTICLES OF ASSOCIATION REGISTERED

KCI Konecranes' increase of the number of shares (share split) and amendment to
Article 4 of the Articles of Association that were approved by KCI Konecranes
Plc's Annual General Meeting on March 8, 2006, have been entered in the Trade
Register today.

As a result of the share split, the shares of the company were quadrupled from
14,772,730 shares to 59,090,920 shares with an accounting par value of 0.50 euro
each. The share capital remains unchanged, i.e. EUR 29,545,460. The share split
will be implemented in the book-entry system and it does not require any measures
from the shareholders. The new shares are available for public trading on the
Helsinki Stock Exchange as of March 20, 2006.

The AGM's decision to change the article 4 of the Articles of Association and
abolish the nominal value of the shares was also registered today. The amended
Article 4 of the Articles of Association reads as follows:

4 § Number of shares

The company shall have a minimum of forty million (40,000,000) and a maximum of
one hundred sixty million (160,000,000) shares.

KCI Konecranes is a world leading crane technology and service-company.
Maintenance services are provided for cranes of every make. The product range
includes light crane systems, heavy-duty cranes for process industries and
shipyards, special harbour cranes for bulk materials and containers as well as
reach stackers and lift trucks. In 2005, Group sales totalled EUR 971 million.
The Group has 5,900 employees in 38 countries. KCI Konecranes is listed on the
Helsinki Stock Exchange (symbol: KCI1V).

KCI KONECRANES PLC


Franciska Janzon
IR Manager




FURTHER INFORMATION
Ms Sirpa Poitsalo, Director, General Counsel, tel. +358-20 427 2011




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Helsinki Stock Exchange
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