SHARE SUBSCRIPTIONS UNDER KCI KONECRANES' STOCK OPTIONS

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KCI KONECRANES PLC  STOCK EXCHANGE ANNOUNCEMENT   8 March, 2006  4.00 p.m.  1

SHARE SUBSCRIPTIONS UNDER KCI KONECRANES' STOCK OPTIONS

A total of 171 700 new KCI Konecranes shares have been subscribed with stock
option rights under KCI Konecranes' stock option plans as follows:

 Stock option right   Shares   Subscription   
                               price          
                               (EUR/share)    
 1997                 52 500   26.07          
 1999 B-series        35 500   33.00          
 2001 A-series        61 700   34.00          
 2003 A-series        22 000   19.56          

Following these subscriptions KCI Konecranes' share capital will increase by EUR
343 400 totalling EUR 29 545 460. The number of shares will increase by 171 700
shares to 14 772 730 shares.

The new shares will be recorded in the Trade Register on or about 15 March, 2006
(shares subscribed under 1997 stock options) and 16 March, 2006 (shares
subscribed under 1999 B-series, 2001 A-series and 2003 A-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 17
March, 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 KONECRANSE 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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