Decisions taken by the Extraordinary General Meeting of KONE Corporation

Stock Exchange Release Published 02/12/2013

KONECorporation, stock exchange release, December 2, 2013 at 4.15 p.m. EET

KONE Corporation's Extraordinary General Meeting was held in Helsinki on December 2, 2013. As proposed by the Board of Directors, the meeting approved extra dividends for the  financial year 2012 of EUR 1.295 for each of the 38,104,356 class A shares and EUR 1.30 for the 223,128,073 outstanding class B shares. The date of record for the dividend distribution is December 5, 2013, and the dividends will be payable on December 13, 2013.

In addition, the Extraordinary General Meeting approved the Board of Directors' proposal to increase the number of shares in the company by issuing new shares to the shareholders without payment in proportion to their holdings so that one class A share will be given for each class A share and one class B share will be given for each class B share. After the share issue, there will be a total of 76, 208,712 class A shares and a total of 446,256,146 class B shares.

The share issue will be implemented in the book-entry system and does not require measures by the shareholders. Shareholders who are registered in the company's shareholder register on the record date, December 5, 2013, are entitled to the shares. New shares will produce shareholder rights as of the registration of the share issue; however, the new shares will not entitle their holders to the dividend approved by the Extraordinary General Meeting on December 2, 2013.

The new shares are to be admitted to public trading and entered into the book-entry system on December 9, 2013.  

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


KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Anne Korkiakoski
Executive Vice President
Marketing and Communications

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best People Flow(TM) experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2012, KONE had annual net sales of EUR 6.3 billion and approximately 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

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