SUBSCRIPTION OF SHARES WITH KONECRANES PLC’S OPTION RIGHTS AND CHANGE IN HOLDING OF TREASURY SHARES

KONECRANES PLC  STOCK EXCHANGE RELEASE  October 23, 2012  at 09:30

SUBSCRIPTION OF SHARES WITH KONECRANES PLC’S OPTION RIGHTS AND CHANGE IN HOLDING OF TREASURY SHARES

A total of 4,549 of Konecranes Plc’s shares were subscribed for under the company’s stock option plans as follows:

The full subscription price of EUR 52,996 will be entered in the paid-in capital.

In accordance with Konecranes Plc’s Board of Directors’ resolution, treasury shares will be used for the share subscriptions. The subscribed shares will be delivered to the subscribers on October 23, 2012 on the basis of which the right to dividend and other shareholder rights shall commence. After the subscription and delivery of the shares, Konecranes Plc holds 6,014,072 treasury shares.

Stock options issued under Konecranes Plc’s ongoing stock option plans entitle their holders to subscribe for a total of 2,142,201 shares.

The terms and conditions of Konecranes Plc’s Stock Options 2009 are available at www.konecranes.com > Investors > Share information > Stock option plans.

KONECRANES PLC


Miikka Kinnunen
Director, Investor Relations


FURTHER INFORMATION
Mr Miikka Kinnunen, Director, Investor Relations, tel. +358 20 427 2050

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2011, Group sales totaled EUR 1,896 million. The Group has 11,900 employees at 609 locations in 47 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).


DISTRIBUTION
NASDAQ OMX Helsinki
Media
www.konecranes.com