KONECRANES PLC STOCK EXCHANGE RELEASE OCTOBER 15, 2008 AT 4.00 P.M. BARCLAY GLOBAL INVESTORS UK HOLDINGS LTD'S HOLDING IN KONECRANES PLC This is a notice under the Securities Market Act. of Finland, Chapter 2. Section 10: Konecranes has been informed of a change in the holding of Barclays Global Investors UK Holdings Ltd of the paid up share capital of Konecranes Plc. On October 9, 2008 Barclays Global Investors UK Holdings Ltd was in possession of 2,999,322 Konecranes shares. The holding corresponds 4.88 % of the share capital and voting rights in Konecranes Plc. Barclays Global Investors UK Holdings Ltd is the parent company of the following subsidiaries holding the shares in Konecranes Plc: - Barclays Global Investors Limeited (Registered number 796793) - Barclays Global Investors N.A. (Registered number 22121) - Barclays Global Fund Advisors (Registered number 94-2948313) - Barclays Global Investors (Deutschland) AG (Registered number HRB123527) On the basis of a previous announcement, Barclays Global Investors UK Holdings Ltd were in possession of 5.64 % of the share capital and the voting rights of Konecranes Plc on February 28, 2008. Konecranes has a total of 61,424,020 shares. The company has only one class of shares and each share entitles to one vote. 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 9,350 employees, at more than 470 locations in 43 countries. Konecranes is listed on the OMX Nordic Exchange Helsinki (symbol: KCR1V). KONECRANES PLC Sanna Päiväniemi IR Manager FURTHER INFORMATION Konecranes Plc Sanna Päiväniemi, IR Manager, tel. +358 (0)20 427 2050 DISTRIBUTION OMX Nordic Exchange Helsinki Media