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KONE Finalizes Sale of Valtra to AGCO Corporation

Stock Exchange Release Published 05/01/2004

KONE entered into an agreement for the sale of its tractor operations, Valtra, to AGCO Corporation on 10 September, 2003. The terms and conditions of the contract have been fulfilled, and the transaction was closed on 5 January, 2004.
Sender:
KONE Corporation
Tapio Hakakari
Secretary to the Board of Directors
Klaus Cawén
Executive Vice President
For additional Information:
Klaus Cawén, Executive Vice President, KONE
tel. +358 (0)400 709 148
Kari Heinistö, Senior Executive Vice President,
KONE Materials Handling
tel. +358 (0)400 530 820
KONE is a global service and engineering company that specializes in moving people and goods. Annual net sales total EUR 5,500 million, and we employ nearly 35,000 people. KONE's B shares are listed on the Helsinki Exchanges.
www.kone.com