SUBSCRIPTION OF KCI KONECRANES SHARES UNDER 1999 STOCK OPTION PLAN
KCI KONECRANES PLC STOCK EXCHANGE ANNOUNCEMENT 10 March, 2005 2.15 p.m. 1
SUBSCRIPTION OF KCI KONECRANES SHARES UNDER 1999 STOCK OPTION PLAN Stock options under the 1999 series A have been exercised to subscribe for 600 new KCI Konecranes shares. The subscription price was EUR 33.00 per share under the terms of the plan. The subscription period under the 1999 options began on April 1, 2002. The issue of the 1999 Stock options was approved by the Annual General Meeting of March 11, 1999. The terms and conditions of the Stock option plan 1999 are available on the Investor Relations website at www.konecranes.com/investor. The new 600 shares will be recorded in the Trade Register on or about 17 March 2005. As a result of the subscription KCI Konecranes' share capital will increase by EUR 1,200, totalling EUR 28,621,260 from the date of registration. The total number of shares will increase to 14,310,630. The new shares will carry shareholders' rights from the date of registration, 17 March 2005. KCI Konecranes will apply for their listing on the Helsinki Stock Exchange with the company's existing shares. Trading in these shares will start on or about 18 March 2005. KCI Konecranes. A world leading Engineering Group specialising in advanced overhead lifting solutions and maintenance services. KCI Konecranes is the world's leading supplier of heavy-duty cranes for process industries. KCI Konecranes is a global supplier of special harbour cranes for bulk materials and containers and a leading provider of shipyard cranes. In 2004, Group sales totalled EUR 728 million. The Group has 4,850 employees in 35 countries all over the world. KCI KONECRANES PLC Franciska Janzon IR Manager FURTHER INFORMATION KCI Konecranes Plc Teuvo Rintamäki, Chief Financial Officer Phone +358 20 427 2040, Fax +358 20 427 2099 DISTRIBUTION Helsinki Stock Exchange Media