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OP BANK GROUP CENTRAL CO-OPERATIVE'S HOLDINGS IN KCI KONECRANES PLC DECREASED

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KCI KONECRANES PLC  STOCK EXCHANGE ANNOUNCEMENT  31 January, 2005 12.45 noon  1


OP BANK GROUP CENTRAL CO-OPERATIVE'S HOLDINGS IN KCI KONECRANES PLC DECREASED

This is a notice under Chapter 2, Section 10 of the Finnish Securities Market
Act.

OP Bank Group Central Co-operative (trade reg. 0242522-1) notified on 28 January,
2005 KCI Konecranes Plc and the Financial Supervision Authority of Finland that
the aggregate holding by its subsidiaries and affiliated companies has decreased
under 5 % of the shares and voting rights of KCI Konecranes Plc.

OP Bank Group Central Co-operative holds a total of 442,580 shares, which
corresponds to 3.09 per cent of the paid up share capital and voting rights of
KCI Konecranes Plc.

KCI Konecranes has only one class of shares and each share entitles to one vote.
The share capital is EUR 28,620,060 and the total number of shares is 14,310,030.


The holding of the shares and voting rights are distributed between the group
companies as follows:

                                        Number of   % of total     
                                        shares      shares and     
                                                    voting rights  
 OKO Bank                                                          
 Business ID 0199920-7                  10,000      0.07           
 OP Bank Group Kyösti Haataja                                      
 Foundation                             500         0,00           
 Business ID 0116778-5                                             
 OP Bank Group Research Foundation                                 
 Business ID 0215251-8                  8,400       0.06           
 OP-Fund Management Company Ltd's                                  
 mutual funds                                                      
 Business ID 0743962-2                                             
    OP-Delta                            294,930     2.06           
    OP-Focus                            34,700      0.24           
    OP-Suomi Kasvu                      94,050      0.66           
 Total                                  442,580     3.09           

KCI Konecranes, headquartered in Hyvinkää, Finland is a world leading Engineering
Group specialising in advanced overhead lifting solutions and maintenance
services. KCI Konecranes is the world's leading supplier of heavy-duty cranes for
process industries. KCI Konecranes is a global supplier of special harbour cranes
for bulk materials and containers and a leading provider of shipyard cranes. In
2003, Group sales totalled EUR 665 million. The Group has 4500 employees in 34
countries all over the world.

KCI KONECRANES PLC


Franciska Janzon
IR Manager

FURTHER INFORMATION
Further information can be obtained from
Ms. Franciska Janzon, IR Manager, tel. +358-20 427 2043

DISTRIBUTION
Helsinki Stock Exchange
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