KONECRANES' CHAIRMAN OF THE BOARD STIG GUSTAVSON CONFERRED HONORARY DOCTORATE OF THE AALTO UNIVERSITY SCHOOL OF SCIENCE AND TECHNOLOGY

Konecranes' Chairman of the Board Stig Gustavson conferred Honorary Doctorate
of the Aalto University School of Science and Technology 

On October 1, 2010 Konecranes' Chairman of the Board Mr Stig Gustavson receives
an honorary doctorate in the ceremonial conferment of doctoral degrees of the
Aalto University School of Science and Technology. Mr Gustavson is an alumnus
of Helsinki University of Technology and has actively supported the
establishment of Aalto University. 
Gustavson is also cited for his work of bringing together actors within the
Administration, Business and the Academic world. 

The decision regarding the Honorary Doctorates to be conferred in 2010 was made
by the Council of Helsinki University of Technology. In a conferment ceremony,
an honorary doctorate and the related insignia are conferred upon a person who,
based on his/her scientific or artistic activities or contributions to science,
art or cultural activities is deemed worthy of such an honor. 

Further information:
Miikka Kinnunen, Director, investor relations, Konecranes Plc 
E-mail: miikka.kinnunen@konecranes.com or phone +358 20 427 2050

This press release and a downloadable photo of Mr Gustavson are available on
our website 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 as well as services for lifting equipment and machine tools of all
makes. In 2009, Group sales totaled EUR 1,671 million. The Group has 9,600
employees, at 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX
Helsinki Ltd (symbol: KCR1V).