KONE Oyj - Company Announcement

KONE Corporation applies for listing of its 2010 stock options

KONE Corporation, stock exchange release, March 14, 2013 at 9:30 a.m. EET
KONE Corporation will apply for the listing of its 2010 stock options on the
NASDAQ OMX Helsinki Ltd so that the listing begins as of April 2, 2013.

The total number of the 2010 stock options is 3,000,000.  Each option right
entitles its holder to subscribe for one (1) class B share.  In total, the 2010
stock options entitle to subscribe for 3,000,000 class B shares of KONE
Corporation, at maximum. KONE Corporation's subsidiary, KONE Capital Oy, has
896,000 stock options in its possession. KONE Corporation's Board of Directors
has resolved, in accordance with the terms and conditions of the stock options
that the stock option holders will be offered new class B shares in the company.

The current subscription price for 2010 stock options is EUR 29.45 per share.
The subscription price of the shares subscribed for by the stock options has
been reduced in accordance with the terms and conditions by the amount of
dividends declared before the share subscription at the record date for each
dividend distribution.

KONE Corporation's Board of Directors has noted that the criteria of the 2010
stock options plan have been met and resolved that the share subscription period
will begin on April 1, 2013 in accordance with the terms and conditions. The
stock options may be freely transferred as of that date. The subscription period
will end on April 30, 2015. The place of subscription will be Evli Bank Plc.

The reasons to grant the 2010 stock options and the original terms and
conditions have been published by a stock exchange release on July 20, 2010. The
updated, full version of the terms and conditions of the 2010 stock options is
available on the company's website at www.kone.com.

The share subscription timetable with the option rights 2010 in 2013 is as
follows:

+------------------------------------+----------------------------+
|Subscriptions/Payments on or before |Estimated Trade Register day|
+------------------------------------+----------------------------+
|April 18, 2013                      |May 8, 2013                 |
+------------------------------------+----------------------------+
|July 15, 2013                       |August 9, 2013              |
+------------------------------------+----------------------------+
|October 17, 2013                    |November 6, 2013            |
+------------------------------------+----------------------------+
|December 16, 2013                   |December 31, 2013           |
+------------------------------------+----------------------------+


The Board will not handle share subscriptions between the end of the financial
year 2013 and the subsequent Annual General Meeting.

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

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