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Subscription of shares with KONE 2007 option rights in 2012

Stock Exchange Release Published 01/12/2011

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 21.945 per share.

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

The share subscription timetable in 2012 is as follows:

Last subscription dateDelivery of the subscribed shares latest by
April 19, 2012April 27, 2012
April 30, 2012May 4, 2012

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 2010, KONE had annual net sales of EUR 5 billion and approximately 33,800 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

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