KONE Oyj - Company Announcement

Share subscriptions with KONE 2013 option rights in 2016

KONE Corporation, stock exchange release, December 2, 2015 at 9.45 a.m. EET

Share subscriptions with KONE 2013 option rights in 2016

KONE Corporation's 2013 option rights have been listed on NASDAQ Helsinki Ltd.
as of April 1, 2015. Each 2013 option right entitles to the subscription of two
(2) new KONE class B shares at a price of EUR 25.40 per share. Evli Bank Plc.
carries out the share subscriptions.

The share subscription timetable with the option rights 2013 in 2016 is as
follows:

+----------------------+---------------------------+----------------------+
|Last subscription date|Estimated registration date|Estimated listing date|
+----------------------+---------------------------+----------------------+
|April 14, 2016        |May 3, 2016                |May 4, 2016           |
+----------------------+---------------------------+----------------------+
|July 13, 2016         |August 2, 2016             |August 3, 2016        |
+----------------------+---------------------------+----------------------+
|October 20, 2016      |November 8, 2016           |November 9, 2016      |
+----------------------+---------------------------+----------------------+
|December 15, 2016     |December 30, 2016          |January 2, 2017       |
+----------------------+---------------------------+----------------------+

The Board will not handle share subscriptions between the end of the financial
year 2016 and the subsequent Annual General Meeting.

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

Eriikka Söderström
CFO

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 2014, KONE had annual net
sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE
class B shares are listed on the NASDAQ Helsinki Ltd. in Finland.

www.kone.com

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