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KCI KONECRANES STOCK OPTIONS 2003C ALLOCATED

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KCI KONECRANES PLC  STOCK EXCHANGE ANNOUNCEMENT  13 June, 2005 11.00 a.m.  1


KCI KONECRANES STOCK OPTIONS 2003C ALLOCATED

Stock options 2003C have been allocated and subscribed for. When allocating 2003C
option incentives the Board of Directors complemented the previous allocations
(2003 A and B), to reach the intended allocation structure of the total plan
(A+B+C).

Altogether 200.000 options were allocated and the Board resolved to increase the
subscription price for the 2003C stock options from EUR 19.56 to EUR 25.00.
According to the terms and conditions of the 2003 Stock Option Plan each stock
option entitles its holder to subscribe for one (1) share in KCI Konecranes Plc.
The share subscription period of stock options 2003C is May 2, 2007-Mar. 31,
2009.

The stock options will be freely transferable, when the relevant share
subscription period has commenced. Furthermore, the 2003C stock options will be
transferred to the book entry system before the subscription period will begin.

KCI Konecranes. A world leading Engineering Group specialising in advanced
overhead lifting solutions and maintenance services. KCI Konecranes is the
world's leading supplier of heavy-duty cranes for process industries. KCI
Konecranes is a global supplier of special harbour cranes for bulk materials and
containers and a leading provider of shipyard cranes. In 2004, Group sales
totalled EUR 728 million. The Group has 4,850 employees in 35 countries all over
the world.

KCI KONECRANES PLC



Franciska Janzon
IR Manager



FURTHER INFORMATION
KCI Konecranes Plc
Teuvo Rintamäki, Chief Financial Officer
Phone +358 20 427 2040




DISTRIBUTION
Helsinki Stock Exchange
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