KONE Oyj - Changes in company's own shares

Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, April 29, 2016 at 09.45 a.m. EEST

Change in KONE Corporation's holding of treasury shares

KONE Corporation has assigned a total of 391,662 KONE class B shares to the 42
key employees of the KONE share-based incentive program as a reward payment for
the 2015 earning period.

KONE Corporation has assigned a total of 2,923 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
March 7, 2016.

The handover date for the shares was April 28, 2016. After the transfer, KONE
Corporation holds 11,845,959 of its own class B shares.


For further information, please contact:
Katri Saarenheimo, Director, Investor Relations, tel. +358 204 75 4705

Sender:

KONE Corporation

Henrik Ehrnrooth
President and CEO

Eriikka Söderström
CFO

KONE as a company

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  2015, KONE  had  annual  net sales of EUR 8.6
billion,  and at  the end  of the  year close  to 50,000 employees. KONE class B
shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com










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