KONE Oyj - Major shareholder announcements

Announcement Pursuant to Securities Markets Act Chapter 2, Section 10

KONE Corporation, Stock Exchange Announcement, September 14, 2007

Morgan Stanley Investment Management Limited (Reg. no. 1981121) has
on September 13, 2007 announced pursuant to the Securities Markets
Act chapter 2, section 9 that its holding in KONE Corporation is less
than five (5) percent (1/20) of the share capital.

1. The company: KONE Corporation

2. The date of change in holdings: September 11, 2007

3. Shareholder: Fund management company Morgan Stanley Investment
Management Limited (MSIM), registration number 1981121

About KONE

KONE is one of the world's leading elevator and escalator companies.
It provides its customers with industry-leading elevators and
escalators, with innovative solutions for their maintenance and
modernization. KONE also provides maintenance of automatic building
doors. In 2006, KONE had annual net sales of EUR 3.6 billion and
approximately 29,000 employees. Its class B shares are listed on the
OMX Nordic Exchange in Helsinki, Finland.

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

Minna Mars
Senior Vice President,
Corporate Communications & IR