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SHARE SUBSCRIPTIONS UNDER KONECRANES' STOCK OPTIONS

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KCI KONECRANES PLC  STOCK EXCHANGE ANNOUNCEMENT 13 December, 2006 4.30 p.m. 1


SHARE SUBSCRIPTIONS UNDER KONECRANES' STOCK OPTIONS

A total of 296 200 new 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                  15 400   6.5175             
 1999 B-series         19 200   8.25               
 2001 A-series         60 000   8.50               
 2003 A-series         60 000   4.89               
 2003 B-series         141 600  5.405              

Following these subscriptions KCI Konecranes Plc's share capital will increase by
EUR 148 100 totalling EUR 30 038 860. The number of shares will increase to
60 077 720 shares.

The new shares will be recorded in the Trade Register on or about 20 December,
2006 (shares subscribed under 1997 stock options) and 21 December, 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. 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 22 December, 2006.

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

Konecranes is a world-leading group of lifting businesses, serving a broad range
of customers, including manufacturing and process industries, shipyards and
harbours. Konecranes provides productivity-enhancing lifting solutions and
services for lifting equipment of every make. In 2005, Group sales totalled EUR
971 million. The Group has over 7,000 employees, at more than 340 locations in 41
countries. Konecranes is listed on the OMX Helsinki Stock Exchange (symbol:
KCI1V).

KCI KONECRANES PLC



Paul Lönnfors
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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