KONE Oyj - Changes in company's own shares

Subscription of shares with KONE Corporation 2007 option rights and change in holding of treasury shares

KONE Corporation, stock exchange announcement, December 21, 2010, at 9.45 a.m.
EET



A total of 4,400 KONE class B shares have been subscribed for with 2007 option
rights. The subscribed shares have been delivered to the subscribers on December
21, 2010. In accordance with KONE Corporation's Board of Directors' resolution,
the subscriptions were made using treasury class B shares held by KONE
Corporation.

After the subscription and delivery of the shares, KONE Corporation holds
4,849,035 of its own class B shares on December 21, 2010.


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


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