KONE Oyj - Company Announcement

KONE s Financial Performance Stronger than Anticipated

KONE Corporation, Stock Exchange Release, 18 June, 2007

KONE's sales and  operating income  (EBIT) in  January-May 2007  have
developed more  favorably than  anticipated. Also  orders growth  has
continued on a good level. "Our development programs have  progressed
well and produced  results. Our competitiveness  has improved in  all
 continents", comments  Matti  Alahuhta,  President  &  CEO  of  KONE
Corporation.

The positive development contributes to  the full year 2007  outlook.
The previously stated  outlook for  the financial year  2007 will  be
upgraded in  conjunction  with  the interim  report  for  the  period
January-June 2007.

KONE's interim  report  for  the period  January-June  2007  will  be
published on Friday, 20 July.

Sender:

KONE Corporation


Aimo Rajahalme
Executive Vice President,
Finance

Minna Mars
Senior Vice President,
Corporate Communications & IR

For further information, please contact:
Minna Mars, SVP, Corporate Communications  & IR, tel. +358 (0)204  75
4501
Sophie Jolly, Vice President, IR, tel.+358 204 75 4534

KONE is one of the world's leading elevator and escalator companies.
It provides its customers with industry-leading elevators and
escalators, with innovative solutions for their maintenance and
modernization. KONE also provides maintenance of automatic building
doors. In 2006, KONE had annual net sales of EUR 3.6 billion and
approximately 29,000 employees. Its class B shares are listed on the
Helsinki Stock Exchange in Finland.

www.kone.com