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SHARE SUBSCRIPTIONS UNDER KCI KONECRANES' STOCK OPTIONS

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KCI KONECRANES PLC  STOCK EXCHANGE ANNOUNCEMENT   9 May, 2006 3.00 p.m.   1


SHARE SUBSCRIPTIONS UNDER KCI KONECRANES' STOCK OPTIONS

A total of 218 400 new KCI Konecranes shares have been subscribed with stock
option rights under KCI Konecranes' stock option plans as follows:


 Stock option   Shares   Subscription      
 right                   price             
                         (EUR/share)       
 1997           64 800   6.5175            
 1999 B-series  39 600   8.25              
 2001 A-series  46 000   8.50              
 2003 A-series  28 000   4.89              
 2003 B-series  40 000   5,405             

Following these subscriptions KCI Konecranes' share capital will increase by EUR
109 200 totalling EUR 29 654 660. The number of shares will increase to 59 309
320 shares.

The new shares will be recorded in the Trade Register on or about 16 May, 2006
(shares subscribed under 1997 stock options) and 17 May, 2006 (shares subscribed
under 1999 B-series, 2001 A-series, 2003 A-series and 2003 B-series stock
options). The new shares will carry shareholders' rights from the date of
registration. KCI Konecranes will apply for their listing on the Helsinki Stock
Exchange with the company's existing shares. Trading in all new shares will start
on or about 18 May, 2006.

The terms and conditions of all KCI Konecranes ongoing stock option plans are
available on the Investor Relations website at www.konecranes.com/investor.

KCI Konecranes is a world leading crane technology and service-company.
Maintenance services are provided for cranes of every make. The product range
includes light crane systems, heavy-duty cranes for process industries and
shipyards, special harbour cranes for bulk materials and containers as well as
reach stackers and lift trucks. In 2005, Group sales totalled EUR 971 million.
The Group has 5,900 employees in 38 countries. KCI Konecranes is listed on the
Helsinki Stock Exchange (symbol: KCI1V).

KCI KONECRANES PLC


Franciska Janzon
IR Manager




FURTHER INFORMATION
KCI Konecranes Plc
Teuvo Rintamäki, Chief Financial Officer, tel. +358-20 427 2040




DISTRIBUTION
Helsinki Stock Exchange
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