KONE Oyj - Changes in company's own shares

Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, April 28, 2017 at 2.15 p.m. EEST

Change in KONE Corporation's holding of treasury shares

KONE Corporation has assigned a total of 483,448 KONE class B shares to the key
57 employees of the KONE share-based incentive program as a reward payment for
the 2016 earnings period.

KONE Corporation has assigned a total of 2,932 KONE class B shares to the
members of KONE Corporation's Board of Directors as a part of the board members'
annual remuneration according to the decision of the Annual General Meeting on
February 28, 2017.
The handover date for the shares was April 28, 2017. After the transfer, KONE
Corporation holds 12,397,761 of its own class B shares.

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

Ilkka Hara
CFO

About KONE

At KONE, our mission is to improve the flow of urban life. As a global leader in
the elevator and escalator industry, KONE provides elevators, escalators and
automatic building doors, as well as solutions for maintenance and modernization
to add value to buildings throughout their life cycle. Through more effective
People Flow®, we make people's journeys safe, convenient and reliable, in
taller, smarter buildings. In 2016, KONE had annual net sales of EUR 8.8
billion, and at the end of the year over 52,000 employees. KONE class B shares
are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com

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