Konecranes Oyj — Share Issue/Capital Change 2011

Dec 15, 2011

Disclosure 295934

Konecranes Oyj - Company Announcement

KONECRANES PLC - THE 2012 SHARE SUBSCRIPTION SCHEDULE UNDER KONECRANES PLC’S STOCK OPTION PLANS 2007B and 2009A

KONECRANES PLC STOCK EXCHANGE RELEASE December 15, 2011 at 13:20 Based on Konecranes Plc's stock option plans, 2007 Series B and 2009 Series A stock options will entitle their holders to subscribe for shares in 2012 as follows: Share subscription deadline Entry into the Trade New shares tradable Register on or about on or about January 20, 2012* February 8, 2012 February 9, 2012 March 5, 2012* March 20, 2012 March 21, 2012 April 13, 2012 May 8, 2012 May 9, 2012 June 8, 2012** June 28, 2012 June 29, 2012 July 13, 2012 August 7, 2012 August 8, 2012 September 18, 2012 October 9, 2012 October 10, 2012 October 12, 2012 November 1, 2012 November 2, 2012 December 10, 2012 December 28, 2012 January 2, 2013 January 21, 2013 February 12, 2013 February 13, 2013 *) Entitled to dividend for 2011. **) 2007B stock options will expire on April 30, 2012. Shares will establish shareholders rights as of the date of share registration. Share subscriptions will be accepted at Evli Bank Plc. Terms and Conditions of the Stock Option Plans in brief The stock options issued under the 2007 Series B stock option plan entitle holders to subscribe a total of 935,700 shares. The share subscription period for 2007B stock options began on May 2, 2010 and will terminate on April 30, 2012. The share subscription price amounts to EUR 25.72. The stock options issued under the 2009 Series A stock option plan entitle holders to subscribe a total of 733,000 shares. The share subscription period for 2009A stock options will begin on April 1, 2012 and will terminate on April 30, 2014. The share subscription price amounts currently to EUR 12.65. The stock options issued under the 2009 Series B stock option plan entitle holders to subscribe a total of 744,000 shares. The share subscription period for 2009B stock options will begin on April 1, 2013 and will terminate on April 30, 2015. The share subscription price amounts currently to EUR 22.79. The stock options issued under the 2009 Series C stock option plan entitle holders to subscribe a total of 731,500 shares. The share subscription period for 2009C stock options will begin on April 1, 2014 and will terminate on April 30, 2016. The share subscription price amounts currently to EUR 31.37. Currently, stock options issued under Konecranes Plc's ongoing stock option plans entitle the options' holders to subscribe for a total of 3,144,200 shares. The terms and conditions of all of the company's stock option plans are available at www.konecranes.com > Investors > Share information > Stock option plans. KONECRANES PLC Miikka Kinnunen Director, Investor Relations FURTHER INFORMATION Miikka Kinnunen, Director, Investor Relations, Konecranes Plc, tel. +358 (0)20 427 2050 DISTRIBUTION NASDAQ OMX Helsinki 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 11,400 employees at 578 locations in 46 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).