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KONECRANES PLC - KONECRANES PLC STOCK EXCHANGE RELEASE August 23, 2011 at 09.45

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Konecranes Plc (ID 0942718-2) discloses according to the Chapter 2, Section 9 of the Securities Market Act that its direct holding of Konecranes Plc has exceeded 5 percent as a result of the repurchase of the company’s own shares.

Konecranes Plc was directly in the possession of 3,196,813 own shares on August 22, 2011, which is 5.05 percent of Konecranes Plc’s shares and votes. In addition, Konecranes Plc was in the possession of 517,696 own shares indirectly through KCR Management Oy on August 22, 2011, which is 0.82 percent of Konecranes Plc’s shares and votes.

Konecranes Plc has a total of 63,241,427 shares. The company has only one class of shares and each share entitles to one vote.


KONECRANES PLC


Miikka Kinnunen
Director, Investor Relations


FURTHER INFORMATION
Konecranes Plc
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050



DISTRIBUTION
NASDAQ OMX Helsinki
Media
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 2010, Group sales totaled EUR 1,546 million. The Group has 11,200 employees at 578 locations in 46 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).

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