KCI Konecranes name change to Konecranes effective today


KONECRANES PLC  	STOCK EXCHANGE RELEASE   16 MARCH, 2007 			                    

KCI Konecranes name change to Konecranes effective today                        

Konecranes has changed its Parent company name from                             
KCI Konecranes Plc to Konecranes Plc. Konecranes trading code on the OMX        
Helsinki Stock Exchange has accordingly been changed from KCI1V to KCR1V.       
Trading with the new code will start on 19 March, 2007.                         

The change of name is part of the global brand strategy that Konecranes has been
pursuing since September 2006 with regard to all its group companies.           

“By dropping "KCI" at the beginning of the company name and promoting business  
consistently under one simplified name, Konecranes aims to systematically       
increase its brand equity among its customers”, says Pekka Lundmark, President  
and CEO.                                                                        

The new name was approved by the Annual General Meeting of Shareholders on March
8, 2007 and has been entered in the Trade Register today. The Parent company    
name in Finnish is ‘Konecranes Oyj' and in Swedish ‘Konecranes Abp'.            


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 1,483 million. The Group has 7,500 employees, at more than 370     
locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock       
Exchange (KCR1V).                                                               

KONECRANES PLC                                                                  


Paul Lönnfors                                                                   
IR Manager                                                                      




FURTHER INFORMATION                                                             
Mikael Wegmüller, Director, Marketing & Communications, tel: +358 20 427 2008   




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