INCREASE IN KONECRANES' NUMBER OF SHARES REGISTERED The 134 200 new Konecranes shares subscribed for with Konecranes 1997, 1999B, 2001B, 2003B and 2003C stock options have been recorded in the Trade Register on December 20, 2007. Following these subscriptions the number of Konecranes Plc's shares will increase to 60,978,780 shares. The subscription price will be booked in its entirety to the paid in capital. Trading in the new shares will start on or about December 21, 2007. 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, ports and terminals. Konecranes provides productivity-enhancing lifting solutions and services for lifting equipment of every make. In 2006, Group sales totalled EUR 1483 million. The Group has 8,000 employees, at more than 370 locations in 43 countries. Konecranes is listed on the OMX Helsinki Stock Exchange (symbol: KCR1V). KONECRANES PLC Paul Lönnfors IR Manager FURTHER INFORMATION Konecranes Plc Teo Ottola, Chief Financial Officer, tel. +358 20 427 2040 DISTRIBUTION OMX Helsinki Stock Exchange Media