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SHARE SUBSCRIPTIONS UNDER KONECRANES' STOCK OPTIONS

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KCI KONECRANES PLC  STOCK EXCHANGE ANNOUNCEMENT 12 September, 2006 2.00 pm   1


SHARE SUBSCRIPTIONS UNDER KONECRANES' STOCK OPTIONS

A total of 27 700 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               1 000       6.5175              
 2001 A-series      6 000       8.50                
 2003 A-series      700         4.89                
 2003 B-series      20 000      5.405               

Following these subscriptions KCI Konecranes Plc's share capital will increase by
EUR 13 850 totalling EUR 29 860 110. The number of shares will increase to 59 720
220 shares.

The new shares will be recorded in the Trade Register on or about 19 September,
2006 (shares subscribed under 1997 stock options) and 20 September, 2006 (shares
subscribed under 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 21
September, 2006.

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

Konecranes is a world-leading group of lifting businesses, serving manufacturing
and process industries, shipyards and harbours with productivity-enhancing
lifting solutions and services for equipment of every make. In 2005, group sales
totalled EUR 971 million. Konecranes has 7,000 employees, at more than 340
service locations in 38 countries. Konecranes is listed on the OMX Helsinki Stock
Exchange (symbol: KCI1V).

KCI KONECRANES PLC


Franciska Janzon
Manager, Corporate Branding and Communications




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




DISTRIBUTION
Helsinki Stock Exchange
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