Terms of KONE option rights 2010 and 2013 amended

KONECorporation, stock exchange release, December 3, 2013 at 9.30 a.m. EET

After the Extraordinary General Meeting of KONE Corporation on December 2,  2013 approved a share issue without payment, the terms of the company's option rights 2010 and 2013 have been amended as follows:

Each 2010 and 2013 option right entitles to a subscription of two (2) KONE class B shares. After the Extraordinary General Meeting on December 2, 2013 approved a distribution of profits, the subscription price of a KONE class B share to be subscribed with a 2010 option right is EUR 14.075 per share and with a 2013 option right EUR 27.60 per share. The subscription price for shares to be subscribed with 2010 and 2013 option rights will be reduced in accordance with the terms of the options in special cases and periods as specified in the terms.

For further information, please contact:

Jukka Ala-Mello, Secretary to the Board, tel. +358 204 75 4226

Sender:

KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Anne Korkiakoski
Executive Vice President
Marketing and Communications


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(TM) 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 2012, KONE had annual net sales of EUR 6.3 billion and approximately 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com