Options 

Carnegie Investment Bank, Finland Branch (tel. +358 9 618 71 310) will provide subscription services. The shares acquired shall first qualify for dividend payment for the financial year during which the subscription has taken place. Other rights related to the shares shall commence on the date when the increase in the share capital is entered in the Trade Register.

KONE Corporation had during financial period 2009 three stock option programmes. The purpose of the stock options is to encourage long-term efforts by key personnel to increase shareholder value and their commitment to the company by offering them an internationally competitive incentive program. The company’s Board Members, President & CEO and members of the executive board are not included in the stock option programs 2005C and 2007.

Stock options 2005B were granted according to the decision of the Extraordinary Shareholders’ Meeting of the demerged Kone Corporation on November 17, 2000 to approximately 250 key employees. A total of 165,340 options were subscribed. Each stock option entitles its owner to subscribe for twelve (12) new class B shares of the company. The share subscription price was EUR 4.02. The share subscription period for options 2005B was June 13, 2005–March 31, 2009.
Stock options 2005C were granted according to the decision of the Extraordinary Shareholders’ Meeting on November 21, 2005 to approximately 300 key employees. A maximum total of 2,000,000 options were offered for subscription.

Each option entitles its owner to subscribe for two (2) class B share. The share subscription price for the option was originally EUR 14.20. The amount of KONE Corporation’s dividend paid after the determination of the subscription price shall be deducted from the subscription
price up until the time of share subscription, as per the dividend record date. Therefore the effective subscription price as per December 31, 2009 was EUR 11.90. The share subscription period for options 2005C is April 1, 2008–April 30, 2010.

Stock options 2007 were granted according to the decision of the Board of Directors meeting on December 5, 2007 to approximately 350 key employees and the decision was based on the authorization received from the Annual Share 1,978,739holders Meeting on February 26, 2007.
A maximum total of 2,000,000 options will be granted. The original share subscription
price for the option was 25.445 euros per share and it is further reduced in situations mentioned in the terms, for example with dividends distributed before the subscription of the shares. Therefore the effective subscription price as per December 31, 2009 was EUR 24.145. Each option entitles its holder to subscribe for two (2) new class B KONE share. The share subscription period for option 2007 will be April 1, 2010–April 30, 2012. The share subscription period begins April 1, 2010, as the average turnover growth of the KONE Group for financial years 2008 and 2009 exceeded market growth and as the earnings before interest and taxes (EBIT) of the KONE Group for the financial
year 2008 exceeded the EBIT for the financial year 2007, and the EBIT for the financial year 2009 exceeded the EBIT for the financial year 2008 as required in the terms of the stock options.