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KONE’s Share Capital Increases Through Subscription of 2004 A Option Rights

Stock Exchange Release Published 28/04/2004

Based on the KONE 2004 A option rights, 79,200 new KONE class B shares were subscribed during 1-16 April, 2004.

The Finnish Board of Patents and Registration has on 28 April, 2004 entered the corresponding 79,200 euro increase of KONE Corporation’s share capital into the Trade Register. Trading of the new shares will start on 29 April, 2004. The shares acquired qualify for dividend payment for the financial year 2004, and other rights related to the shares commence on the date when the increase in the share capital is entered in the Trade Register.
KONE’s share capital is 63,542,820.00 euro after the entry, comprising 54,016,731 listed class B shares and 9,526,089 unlisted class A shares.
Sender:
KONE Corporation
Tapio Hakakari
Secretary to the Board of Directors
Aimo Rajahalme
Executive Vice President, Finance and Information Services
For further information, please contact:
Tapio Hakakari, Secretary to the Board, tel. +358 (0)204 75 4226
KONE is a global service and engineering company that specializes in moving people and goods. It comprises two divisions: KONE Elevators & Escalators and Kone Cargotec. KONE Elevators & Escalators sells, manufactures, installs, maintains and modernizes elevators and escalators, and services automatic building doors. Kone Cargotec supplies products and services to facilitate moving and loading cargo. KONE's B shares are listed on the Helsinki Exchanges.

www.kone.com