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Subscription of 1,440 class B shares with KONE 2004 A option rights

Stock Exchange Release Published 04/01/2005

Based on KONE 2004 A option rights, 1,440 new KONE class B shares have been subscribed in December 2004.

The increase in KONE’s share capital has not been entered into the Trade Register.
The conditions of the Option Program can be found in the Investors section of KONE’s website at www.konecorp.com.
KONE Corporation
Tapio Hakakari
Director, Secretary to the Board of Directors
Minna Mars
Senior Vice President,
Corporate Communications & IR
For further information, please contact:
Tapio Hakakari, Director, Secretary to the Board
tel. +358 (0)400 408 316