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  • 2006-03-28 KONE's Share Capital Increases through Subscription of Shares with 2005A and 2005B Option Rights
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KONE's Share Capital Increases through Subscription of Shares with 2005A and 2005B Option Rights

Stock Exchange Release Published 28/03/2006

A total of 18,300 new KONE class B shares have been subscribed for with 2005A option rights and 64,740 new KONE class B shares with 2005B option rights.

The Finnish Board of Patents and Registration has on 28 March, 2006 entered the corresponding 41,520.00 euro increase of KONE Corporation’s share capital into the Trade Register. Trading of the new shares will start on 29 March, 2006. 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 2005A and 2005B option rights were listed on the main list of the Helsinki Stock Exchange on 1 June, 2005. To date, 428,970 shares have been subscribed for with the option rights. The maximum number of shares that can be subscribed for is 1,308,510. The subscription price is EUR 8.04 per share.

KONE’s share capital is 63,969,240.00 euro after the entry, comprising 108,886,302 listed class B shares and 19,052,178 unlisted class A shares.

Sender:

KONE Corporation

Jukka Ala-Mello
Director, Secretary to the Board

Minna Mars
Senior Vice President,
Corporate Communications & IR

For further information, please contact:
Jukka Ala-Mello, Director, Secretary to the Board, tel. +358 (0)204 75 4226

KONE is one of the world’s leading elevator and escalator companies. It provides its customers with industry-leading elevators and escalators and innovative solutions for their maintenance and modernization. KONE also provides maintenance of automatic building doors. KONE has annual net sales of approximately EUR three billion and about 27,000 employees. Its class B shares are listed on the Helsinki Exchanges.

www.kone.com