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KONECRANES AGM - PRESIDENT & CEO PEKKA LUNDMARK COMMENTS RECENT DEMAND DEVELOPMENT, REITERATES 2008 OUTLOOK

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KONECRANES AGM - PRESIDENT & CEO PEKKA LUNDMARK COMMENTS RECENT DEMAND          
DEVELOPMENT, REITERATES 2008 OUTLOOK                                            


Konecranes President & CEO Pekka Lundmark's presentation at today's Annual      
General Meeting includes comments to the recent development in the demand for   
Konecranes' products and services.                                              

“The development in the first two months of the year gives reason for optimism. 
Order intake has continued to increase in January-February and the number of new
inquiries were on a high level, also in the United States,” Lundmark comments.  

The 2008 outlook was reiterated.                                                
“We target double-digit sales growth and see potential to improve the operating 
margin from the 10.0 percent achieved in 2007,” Lundmark stated.                

Konecranes first quarter interim report will be published on 29 April, 2008.    

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 2007, Group sales totaled EUR 1,750 million. The Group has 8,400      
employees, at more than 470 locations in 43 countries. Konecranes is listed on  
the OMX Helsinki Stock Exchange (symbol: KCR1V).                                

KONECRANES PLC                                                                  



Paul Lönnfors                                                                   
IR Manager                                                                      




FURTHER INFORMATION                                                             
Paul Lönnfors, IR Manager, phone: +358 20 427 2050                              




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OMX Nordic Exchange Helsinki                                                    
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