KONE to Publish Interim Report for January-March, 2003 on Wednesday, 23 April, 2003 At 12:00 Noon Finnish Time

KONE Corporation will publish its interim report for the period January-March, 2003 on Wednesday, 23 April, 2003 approximately 12:00 noon Finnish time. The interim report will be available on the company website at www.kone.com after publishing.

A meeting for analysts and media will be held on 23 April, 2003 at 2:00 p.m. Finnish time at KONE Building, address Keilasatama 3, Espoo.

A telephone conference for analysts and investors, conducted in English, will begin at 5:00 p.m. Finnish time and will also be available as live webcast on the company website. Callers may access the conference directly at tel: +44 (0)20 8240 8245. On demand copy of the conference will be available on the company website as of 9:00 a.m. on 24 April, 2003.

KONE Corporation

Aimo Rajahalme
Executive Vice President
Finance

Outi-Maria Liedes
Senior Vice President
Corporate Communications & IR

To facilitate the establishment of telephone connections, participants are asked to place their calls in the following alphabetical order based on the initial letter of the company name:

• at 4:50 Finnish time A-G
• at 4:55 Finnish time H-N
• at 5:00 Finnish time O-Z/Ö

Futher information:
Corporate Communications
Tel. +358 204 75 4502/Lönnfors
+358 204 75 4346/Kaarento-Kiuru

e-mail: paul.lonnfors@kone.com

www.kone.com