English

PROPOSAL REGARDING TWO NEW MEMBERS TO TH

Report this content 
KCI KONECRANES PLC                  STOCK EXCHANGE RELEASE       1
                                    27 February, 2004 1.00 p.m.


PROPOSAL REGARDING TWO NEW MEMBERS TO THE KCI KONECRANES BOARD OF
DIRECTORS

The following addition is made to the information communicated earlier
in the convocation to the Annual General Meeting: Shareholders,
jointly representing more than10 percent of all the votes in KCI
Konecranes, have informed the Company that they support the election
of Svante Adde and Lennart Simonsen as new members of the KCI
Konecranes Board of Directors until the end of the next Annual General
Meeting.

Svante Adde (b. 1956) is Chief Finance Officer of Ahlstrom Corporation
since September 2003. Before joining Ahlstrom Mr. Adde was Managing
Director of Lazard, the global investment banking group based in
London. Since 1989, he was responsible for Nordic Corporate Finance
and from 2000 he was also the Managing Director of Lazard AB in
Stockholm. Mr. Adde started his career in Citibank's Stockholm office.
Mr. Adde has a bachelor of science in economics and business
administration and is a Swedish national. He lives in London since
1983.

Lennart Simonsen (b. 1960) L.L.M is Attorney and Managing Partner,
Roschier Holmberg, Attorneys Ltd. Mr. Simonsen is a Finnish national
and has been Secretary of the KCI Konecranes Board of Directors since
1995.

KCI Konecranes is a world leading engineering group specializing in
advanced overhead lifting solutions and maintenance services. Group
activity is organized along three business areas: Maintenance Services
(50% of Group Sales), Standard Lifting Equipment (26 %) and Special
Cranes (24 %). Group Sales totalled EUR 665 million with over 4350
employees in 34 countries all over the world.

KCI KONECRANES PLC


Franciska Janzon
IR Manager

FURTHER INFORMATION
Stig Gustavson, President and CEO, KCI Konecranes Plc
Tel. +358-400 411 119


DISTRIBUTION
Helsinki Exchanges
Media

Subscribe