Konecranes : publishes Q&A document related to the acquisition of MHPS business and provides financial information on MHPS business

Konecranes has added a Q&A document related to the pending acquisition of Terex's MHPS business ('MHPS Acquisition') to its website. The document is available at www.konecranes.com/EGM2016.

As announced on July 15, 2016 Konecranes Board has scheduled an extraordinary general meeting of shareholders for September 15, 2016, to vote on matters relating to the MHPS Acquisition and recommended to Konecranes shareholders to vote in favor of such matters in order to enable the implementation of the MHPS Acquisition.

Konecranes has received certain financial information from Terex regarding its MHPS business, which is presented in the table below. Adj. EBIT and adj. EBITDA contain the estimated Konecranes corporate management charges.

1) Includes sales from MHPS to other Terex consolidated segments, 2) MHPS EBIT excluding restructuring charges and impairments; 3) Terex corporate management charges less estimated Konecranes corporate management charges; 4) The difference between adj. EBITDA used for valuation and adj. EBITDA relates to share of the result of the 50%-owned Singapore-based joint venture, stock compensation, non-controlling interest and changes in certain provisions.

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations

FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc, 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).

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www.konecranes.com