KCI KONECRANES PLC STOCK EXCHANGE ANNOUNCEMENT 15 MARCH, 2007 1 JPMORGAN CHASE & CO DECREASED ITS HOLDING IN KCI KONECRANES PLC This is a notice under the Securities Market Act. of Finland, Chapter 2. Section 10: KCI Konecranes has been informed of a change in JPMorgan Chase & Co's and its subsidiaries' holdings in KCI Konecranes Plc. On 14 March, 2007 JPMorgan Chase & Co and its subsidiaries were in possession of 2 936 245 KCI Konecranes shares being 4.881% of the share capital and voting rights of KCI Konecranes Plc. Holdings were as follows: -------------------------------------------------------------------------------- | Fund name | Shares | Proportion of | | | | share capital and | | | | voting rights % | -------------------------------------------------------------------------------- | J.P. Morgan Investment Management Inc. | 4 700 | 0.007 | -------------------------------------------------------------------------------- | JP Asset Management (Taiwan) Limited | 60 750 | 0.101 | -------------------------------------------------------------------------------- | JP Asset Management Limited | 7 690 | 0.012 | -------------------------------------------------------------------------------- | J.P. Morgan Fleming Asset Management | 8 305 | 0.013 | | (Japan) Limited | | | -------------------------------------------------------------------------------- | JP Morgan Asset Management (UK) Limited | 2 810 896 | 4.673 | -------------------------------------------------------------------------------- | J.P. Morgan Securities Ltd. | 43 904 | 0.073 | -------------------------------------------------------------------------------- | TOTAL | 2 936 245 | 4.881 | -------------------------------------------------------------------------------- On the basis of a previous announcement, JPMorgan Chase & Co. and its direct and indirect subsidiaries were in possession of 5.001% of the share capital and the voting rights of KCI Konecranes Plc on 12 March, 2007. KCI Konecranes has a total of 60 145 320 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 and services for lifting equipment of every make. In 2006, Group sales totalled EUR 1,483 million. The Group has 7,500 employees, at more than 370 locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock Exchange. KCI KONECRANES PLC Paul Lönnfors IR Manager FURTHER INFORMATION Paul Lönnfors, IR Manager, tel. +358-20 427 2050 DISTRIBUTION OMX Helsinki Stock Exchange Media