Konecranes strengthens its position in Russia - repeat orders for over 20 MEUR

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During the second quarter of 2007 Konecranes has received two repeat orders from
Russia: one for port cranes and one for process cranes. Konecranes operations in
Russia have been expanding in recent years and these orders further strengthen  
Konecranes' position in the country. The total value of the orders is more than 
EUR 20 Million.                                                                 

The port crane order was received from the container terminal company ZAO First 
Container Terminal (FCT). The order is for two Panamax Ship-to-Shore (STS)      
container cranes which will be delivered in the summer of 2008. Konecranes      
received an order for similar cranes from FCT last year.                        

During the last few years, FCT, which is based in St.Petersburg, has
experienced substantial growth in container traffic. The recently ordered STS
cranes will increase container handling capacity at the terminal by offering
efficient loading and unloading of Panamax-sized vessels. The STS cranes have a
lifting capacity of 50 tons, 
outreach of 38 meters and are equipped with Konecranes AC electrical control    
system.                                                                         

The order also includes a two-year preventive maintenance contract for the      
cranes. The preventive service and technical support will be provided by ZAO    
Konecranes Russia, which is the leading port service provider in Russia and is  
active in all fields of service.                                                

The second order was placed by the Turkish construction company, and
Konecranes' long-term partner, Gama Endustri Tesisleri Imalat ve Montaj AS, the
end customer is the Russian steel mill PNTZ in Pervorouralsky. This order
includes several types of process cranes with related equipment, such as three
ladle cranes and four scrap loading cranes. The different types of cranes and
equipment will be used in the steel melting process for producing round
billets. Deliveries will begin in December 2007 and will continue through April
2008. PNTZ has specialized in seamless pipes and is 
now widening their offering to include billets.                                 

“Last year was a good year for Konecranes in Russia with significant orders
from FCT, PetroLesPort and Multilink Terminals. This year seems to become
equally successful. Our broad product offering, diverse customers and
high-quality service form a strong base for continued growth in the Russian
market,” says Fedor Elagin, General Director, ZAO Konecranes Russia. 

Further information:                                                            
Press: Fedor Elagin, General Director, ZAO Konecranes  Russia 
E-mail: fedor.elagin@konecranes.com or phone: +7 812 939 55 86                  

Financial media and analysts: Paul Lönnfors, IR Manager                         
E-mail: paul.lonnfors@konecranes.com or phone +358 20 427 2050                  

This press release together with a downloadable picture is available at our web 
site www.konecranes.com.                                                        

Caption:                                                                        
Konecranes receives repeat STS-order from Russian-based FCT                     

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 and services for lifting equipment of every make. In 2006, Group sales
totalled EUR 1483 million. The Group has 7,800 employees, at more than 370      
locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock       
Exchange (symbol: KCR1V).

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