KONE Oyj - Company Announcement

Subscription of shares with KONE 2007 option rights in 2011

KONE Corporation, stock exchange announcement, December 1, 2010, at 9.45 a.m.
EET



KONE 2007 option rights were listed on NASDAQ OMX Helsinki Ltd. as of April
1, 2010. Each 2007 option right entitles to the subscription of two (2) class B
shares at a price of EUR 22.845 per share.

The subscription period for the 2007 option rights ends on April 30, 2012.

The share subscription timetable in 2011 is as follows:

Last subscription Delivery of the
date              subscribed shares latest by

April 14, 2011    April 29, 2011

July 14, 2011     July 29, 2011

October 14, 2011  October 31, 2011

December 14, 2011 December 30, 2011



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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