KONE Oyj - Company Announcement

KONE's share capital increases through subscription of shares with 2010 option rights

KONE Corporation, stock exchange release, May 2, 2014 at 9.45 EET

A total of 231,800 new KONE class B shares have been subscribed for with 2010
option rights. The corresponding EUR 28,975.00 increase in KONE Corporation's
share capital has been entered into the Finnish Trade Register on May 2, 2014.
Trading of the new shares will start on May 5, 2014 on the NASDAQ OMX Helsinki
Stock Exchange with previously existing class B shares. The dividend payment
rights and other rights related to the shares will commence on the date when the
increase in the share capital is entered into the Trade Register.

The KONE 2010 option rights were listed on NASDAQ OMX Helsinki Ltd. as of April
2, 2013. KONE Capital Oy, a subsidiary of KONE Corporation, holds 896,000 KONE
2010 option rights. A maximum of 2,306,820 shares can be subscribed with the
remaining outstanding 2010 option rights for a subscription price of EUR 13,075
per share. The share subscription period ends on April 30, 2015.

KONE's share capital is EUR 65,371,677.50 after the entry into the Trade
Register, comprising 446,764,708 listed class B shares and 76,208,712 unlisted
class A shares. The terms of the 2010 option rights and further information are
available on KONE Corporation's website at 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

About KONE
KONE is one of the global leaders in the elevator and escalator industry.
KONE'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. KONE
provides industry-leading elevators, escalators, automatic building doors and
integrated solutions to enhance the People Flow in and between buildings. KONE's
services cover the entire lifetime of a building, from the design phase to
maintenance, repairs and modernization solutions. In 2013, KONE had annual net
sales of EUR 6.9 billion, and at the end of the year over 43,000 employees. KONE
class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com

[HUG#1781574]