KONECRANES PLC'S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS

KONECRANES PLC  STOCK EXCHANGE RELEASE  February 10, 2009 at 12.30 p.m.         

KONECRANES PLC'S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS                     

A total of 127,000 of Konecranes Plc's new shares were subscribed for under the 
company's stock option plans by January 22, 2009, as follows:                   

--------------------------------------------------------------------------------
| Stock option right         |            Shares  |         Subscription price |
|                            |                    |                (EUR/share) |
--------------------------------------------------------------------------------
| 2001B-series               |              6,000 |                       8.50 |
--------------------------------------------------------------------------------
| 2003C-series               |            121,000 |                       6.25 |
--------------------------------------------------------------------------------

The full subscription price of EUR 807,250 will be entered in the paid-in       
capital. Following the related subscriptions, the number of Konecranes Plc      
shares will increase to 61,739,320. This number includes the shares held by the 
company.                                                                        

The shares subscribed for under the stock options were registered in the Trade  
Register on February 10, 2009 on the basis of which the new shares will         
establish shareholder rights. Konecranes will apply for their listing, together 
with its existing shares, on the Main List of the NASDAQ OMX Helsinki. Trading  
in the new shares will begin on or around February 11, 2009.                    

The subscription period for B series stock options under the 2001 stock option  
plan will continue until March 31, 2010, and for the C series stock option under
the 2003 stock option plan until March 31, 2009.                                

Stock options issued under Konecranes Plc's ongoing stock option plans entitle  
their holders to subscribe for a total of 2,241,200 shares. The terms and       
conditions of all of the company's stock option plans are available at          
www.konecranes.com/investor.                                                    

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 2008, Group sales totaled EUR 2,103 million. The Group has 9,900      
employees, in more than 470 locations in 43 countries. Konecranes is listed on  
NASDAQ OMX Helsinki Ltd (symbol: KCR1V).                                        

KONECRANES PLC                                                                  


Sanna Päiväniemi                                                                
IR Manager                                                                      




FURTHER INFORMATION                                                             
Teo Ottola, Chief Financial Officer, Konecranes Plc, tel. +358 20 427 2040      


DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Ltd                                                         
Major media                                                                     
www.konecranes.com

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