KONE Oyj - Company Announcement

Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, June 28, 2012 at 9.45 a.m. EET


A total of 8,950 KONE class B shares have been returned free of consideration to
KONE Corporation by virtue of the terms of KONE Corporation's share-based
incentive program for the years 2010-2012.


The date of the returning of the shares was June 28, 2012. After the
transaction, KONE Corporation holds 4,151,389 of its own class B shares.

For further information, please contact:
Jukka Ala-Mello, Secretary to the Board, tel. +358 (0)204 75 4226


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 2011, KONE had annual net sales of EUR
5.2 billion and on average 35,000 employees. KONE class B shares are listed on
the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com


Sender:

KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Anne Korkiakoski
Executive Vice President
Marketing and Communications

[HUG#1622382]