Konecranes Oyj — Major Shareholding Notification 2011

Mar 9, 2011

Disclosure 285350

Konecranes Oyj - Major shareholder announcements

KONECRANES PLC - DISCLOSURE UNDER CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT

KONECRANES PLC STOCK EXCHANGE RELEASE March 9, 2011 at 10.00 Konecranes (ID 0942718-2) has on March 8, 2011, received a disclosure under Chapter 2, Section 9 of the Securities Market Act, according to which the holding of BlackRock, Inc. (USA Tax ID 32-0174421) in Konecranes Plc has exceeded 10 percent. BlackRock, Inc. held 6,362,798 Konecranes Plc's shares on March 7, 2011, which is 10.21 percent of Konecranes Plc's shares and votes. Konecranes Plc has a total of 62,293,927 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 Konecranes Plc Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050 DISTRIBUTION NASDAQ OMX Helsinki Ltd 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 2010, Group sales totaled EUR 1,546 million. The Group has 10,000 employees at 578 locations in 46 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).