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THE 2009 SHARE SUBSCRIPTION SCHEDULE UNDER KONECRANES PLC'S STOCK OPTION PLANS 2001, 2003 AND 2007

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KONECRANES PLC STOCK EXCHANGE RELEASE December 18, 2008 at 5.15 p.m.            


THE 2009 SHARE SUBSCRIPTION SCHEDULE UNDER KONECRANES PLC'S STOCK OPTION PLANS  
2001, 2003 AND 2007                                                             

Based on Konecranes Plc's stock option plans, 2001 Series B, 2003 Series C and  
2007 Series A stock options will entitle their holders to subscribe for shares  
in 2009 as shown in the table below:                                            

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| Share subscription      | Entry into the Trade     | New shares tradable on  |
| deadline                | Register on or about     | or about                |
--------------------------------------------------------------------------------
|        January 22, 2009 |        February 10, 2009 |       February 11, 2009 |
--------------------------------------------------------------------------------
|     **February 26, 2009 |           March 19, 2009 |          March 20, 2009 |
--------------------------------------------------------------------------------
|          April 14, 2009 |              May 6, 2009 |             May 7, 2009 |
--------------------------------------------------------------------------------
|            May 28, 2009 |            June 18, 2009 |           June 19, 2009 |
--------------------------------------------------------------------------------
|           July 14, 2009 |           August 4, 2009 |          August 5, 2009 |
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|       September 3, 2009 |       September 24, 2009 |      September 25, 2009 |
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|        October 14, 2009 |         November 4, 2009 |        November 5, 2009 |
--------------------------------------------------------------------------------
|       November 30, 2009 |        December 16, 2009 |       December 17, 2009 |
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Shares will establish shareholders rights as of the date of share registration. 
Note! ** not entitled to dividend for 2008                                      

Subscriptions will be accepted at Evli Bank Plc.                                

Shares subscribed in between December 1, 2009 and January  22, 2010 will be     
registered into the Trade Register on or about February 10, 2010.               

Terms and Conditions of the Stock Option Plans in brief                         

The maximum number of stock options under the 2001 Series B stock option plan   
totals 600,000 shares. The share subscription period for 2001B stock options    
began on April 1, 2007 and will terminate on March 31, 2010, the related share  
subscription price amounting to EUR 8.50. The annual period of subscription     
shall be as of January 2 until November 30.                                     
                                                                                

The maximum number of stock options under the 2003 Series C stock option plan   
totals 800,000 shares. The share subscription period for 2003C stock options    
began on May 2, 2007 and will terminate on March 31, 2009, the related share    
subscription price amounting to EUR 6.25.                                       

The maximum number of stock options under the 2007 Series A stock option plan   
totals 987,500 shares. The share subscription period for 2007A stock options    
will begin on May 2, 2009 and terminate on April 30, 2011, the related share    
subscription price amounting to EUR 25.72.                                      

On June 12, 2008, Konecranes Plc's Board of Directors decided on the allocation 
and distribution of stock options under the 2007 Series B stock option plan to  
the company's key employees. The related subscription period will begin on May  
2, 2010 and terminate on April 30, 2012. The maximum number of stock options    
under the 2007 Series B stock option plan totals of 1,000,000 shares.           

Currently, stock options issued under Konecranes Plc's ongoing stock option     
plans entitle the options' holders to subscribe for a total of 2,368,200 shares.
The terms and conditions of all of the company's stock option plans are         
available at www.konecranes.com/investor.                                       

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 2007, Group sales totaled EUR 1,750 million. The Group has 9,600      
employees, at more than 470 locations in 43 countries. Konecranes is listed on  
NASDAQ OMX Helsinki Ltd (symbol: KCR1V).                                        


KONECRANES PLC                                                                  



Sanna Päiväniemi                                                                
IR Manager                                                                      




FURTHER INFORMATION                                                             
Teo Ottola, Chief Financial Officer, Konecranes Plc, tel. +358 20 427 2040      




DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Ltd                                                         
Major media                                                                     
www.konecranes.com

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