KONECRANES PLC'S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS; STOCK OPTION PLAN 2001 ENDED


KONECRANES PLC'S SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS;                    
STOCK OPTION PLAN 2001 ENDED 

A total of 33,200 of Konecranes Plc's new shares were subscribed for under the  
company's stock option plans as follows:                                        

--------------------------------------------------------------------------------
| Stock option right         |            Shares  |         Subscription price |
|                            |                    |                (EUR/share) |
--------------------------------------------------------------------------------
| 2001B-series               |             33,200 |                       8.50 |
--------------------------------------------------------------------------------

The full subscription price of EUR 282,200 will be entered in the paid-in       
capital. Following the related subscriptions, the number of Konecranes Plc      
shares will increase to 62,002,120. This number includes the shares held by the 
company.                                                                        

The shares subscribed for under the stock options were registered in the Trade  
Register on May 5, 2010 on the basis of which the new shares will establish     
shareholder rights. Konecranes will apply for their listing, together with its  
existing shares, on the Main List of the NASDAQ OMX Helsinki. Trading in the new
shares will begin on or around May 6, 2010.                                     

Stock options issued under Konecranes Plc's ongoing stock option plans entitle  
their holders to subscribe for a total of 3,390,000 shares. The terms and       
conditions of all of the company's stock option plans are available at          
www.konecranes.com > investors.                                                 

The subscription period for B series stock options under the 2001 stock option  
plan ended on March 31, 2010.                                                   

The B series stock options entitled to subscriptions of a total of 600,000      
shares. The subscription price was EUR 8.50 per share, and a total of 489,600   
new shares were subscribed for under the plan. The full subscription price EUR  
4,161,600 has been entered in the paid-in capital. The option rights that were  
not exercised by the end of the subscription period are no longer valid.        

The stock option plan 2001 ended                                                

A total of 998,000 new shares were subscribed under the series A and B of the   
program. Following the subscriptions made before March 8, 2007 Konecranes' share
capital increased by EUR 228,000 and EUR 3,648,000 was booked into the share    
premium account. According to the decision made by the Annual General Meeting of
Shareholders on 8 March, 2007, new shares subscribed for under Konecranes'      
option programs and recorded in the Trade Register will no longer increase the  
share capital, but will be booked entirely to the paid in capital.              


KONECRANES PLC                                                                  

Miikka Kinnunen                                                                 
Director, Investor Relations                                                    


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


DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Ltd                                                         
Major media                                                                     
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 as well as services for lifting equipment and machine tools of all    
makes. In 2009, Group sales totalled EUR 1,671 million. The Group has 9,600     
employees, in 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX 
Helsinki Ltd (symbol: KCR1V).