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Subscription of shares with KONE 2007 option rights in 2011

Stock Exchange Release Published 01/12/2010

KONE 2007 option rights were listed on NASDAQ OMX Helsinki Ltd. as of April 1, 2010. Each 2007 option right entitles to the subscription of two (2) class B shares at a price of EUR 22.845 per share.

The subscription period for the 2007 option rights ends on April 30, 2012.

The share subscription timetable in 2011 is as follows:

Last subscription
date
Delivery of the subscribed
shares latest by
April 14, 2011April 29, 2011
July 14, 2011July 29, 2011
October 14, 2011October 31, 2011
December 14, 2011December 30, 2011

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 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 2009, KONE had annual net sales of EUR 4.7 billion and approximately 34,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland. Founded in 1910, KONE celebrates its centennial anniversary in 2010.

www.kone.com

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

Sender:

KONE Corporation

Jukka Ala-Mello
Secretary to the Board
Anne Korkiakoski
Executive Vice President
Marketing & Communications