LISTING PROSPECTUS FOR KONECRANES' NOTES IN THE TOTAL AGGREGATE AMOUNT OF EUR 250 MILLION AVAILABLE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

KONECRANES PLC  STOCK EXCHANGE RELEASE  JULY 7, 2017 AT 9.00 A.M.

Konecranes Plc announced on June 2, 2017, that it issues senior unsecured guaranteed notes in the amount of EUR 250 million (the “Notes”). The Notes mature on June 9, 2022. The Notes bear a fixed annual interest rate of 1.750 percent and have an issue price of 99.697 percent. The Notes are callable before the final maturity.

The Finnish Financial Supervisory Authority has on July 4, 2017, approved the listing prospectus of the Notes. The prospectus is available in English on the company's website at www.konecranes.com/investors.

Public trading on the Notes commenced today on Nasdaq Helsinki Ltd's bond list under the trading code "KCRJ175022". The proceeds from the Note offering were used to refinance some of Konecranes' existing indebtedness.

Nordea Bank AB (publ), OP Corporate Bank plc and Skandinaviska Enskilda Banken AB (publ) acted as Lead Managers and Joint Bookrunners for the issue of the Notes.

KONECRANES PLC

Miikka Kinnunen
Vice President, Investor Relations

FURTHER INFORMATION
Mr. Tomi Hintikka, Vice President, Group Treasurer, tel. +358 (0) 20 427 2042
Mr. Miikka Kinnunen, Vice President, Investor Relations, tel. +358 (0) 20 427 2050

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 of all makes. In 2016, Group (comparable combined company) sales totaled EUR 3,278 million. The Group has 17,000 employees at 600 locations in 50 countries. Konecranes class A shares are listed on the Nasdaq Helsinki (symbol: KCR).

Disclaimer

This release is for information purposes only and is not to be construed as an offer to purchase or sell or a solicitation of an offer to purchase or sell with respect to any securities of Konecranes Plc ("Konecranes"). The distribution of this release and the related material concerning the issuance of the Notes may, in certain jurisdictions, be restricted by law. No actions have been taken to register or qualify the Notes, or otherwise to permit a public offering of the Notes, in any jurisdiction. In particular this release and any such offering material or documentation may not be distributed in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or any other jurisdiction in which it would not be permissible to offer the Notes and this release and any related material concerning the issuance of the Notes may not be sent to any person in the beforementioned jurisdictions. The information contained herein shall not constitute an offer to sell or buy, or a solicitation of an offer to buy or sell any of Konecranes' securities including the Notes to any person in any jurisdiction in which such offer, solicitation or sale would be unlawful. Neither Konecranes, Nordea Bank AB (publ), OP Corporate Bank plc or Skandinaviska Enskilda Banken AB (publ), or their representatives accept any legal responsibility for any violation by any person, whether or not the persons contemplating investing in or divesting Konecranes' securities including the Notes are aware of such restrictions. The Notes have not been and will not be registered under the U.S. Securities Act, or under the securities laws of any state or other jurisdiction of the United States. The Notes may not be offered, sold, pledged or otherwise transferred directly or indirectly within the United States or to, or for the account or benefit of, U.S. Persons.

The information provided in this release and any offer materials relating to the Notes is addressed to and directed only at persons in the United Kingdom in circumstances where section 21(1) of the Financial Services and Markets Act 2000 as amended, does not apply and are solely directed at persons in the United Kingdom who (a) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (b) persons falling within Article 49(2)(a) to (d) of the Order, or other persons to whom they may be lawfully communicated (all such persons together being referred to as "relevant persons"). This release is directed only at relevant persons and any person who is not a relevant person must not act or rely on this document or any of its contents.