Based on the KONE 2004 A option rights, 22,350 new KONE class B shares have been subscribed.
The Finnish Board of Patents and Registration has on 1 June, 2004 entered the corresponding 22,350 euro increase of KONE Corporation's share capital into the Trade Register. Trading of the new shares will start on 2 June, 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.
The KONE 2004 A option rights are listed on the main list of the Helsinki Exchanges. Subscription of shares with the option rights commenced on 1 April , 2004, and to date 101,550 shares have been subscribed. The maximum number of shares that can be subscribed with the 2004 A option rights is 435,390 shares.
KONE's share capital is 63,565,170.00 euro after the entry, comprising 54,039,081 listed class B shares and 9,526,089 unlisted class A shares.
Secretary to the Board of Directors
Senior Vice President,
Corporate Communications & IR
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.