DISCLOSURE OF OWNERSHIP CHANGE UNDER CHAPTER 9, SECTION 10 OF THE SECURITIES MARKET ACT


Konecranes has on October 5, 2016, received a disclosure under Chapter 9, Section 5 of the Securities Market Act, according to which the holding of Harris Associates L.P. in Konecranes Plc has decreased below 5 percent. Harris Associates L.P. held 3,152,800 Konecranes Plc’s shares on October 4, 2016, which is 4.98 percent of Konecranes Plc’s shares and votes.

Konecranes Plc has a total of 63,272,342 shares. The company has only one class of shares and each share entitles to one vote.

KONECRANES PLC


Miikka Kinnunen
Director, Investor Relations


FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050


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 2015, Group sales totaled EUR 2,126 million. The Group has 11,400 employees at 600 locations in 48 countries. Konecranes is listed on Nasdaq Helsinki (symbol: KCR1V).


DISTRIBUTION
Nasdaq Helsinki
Media
www.konecranes.com