KONE Oyj - Changes in company's own shares

Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, August 9, 2016 at 2.15 p.m. EEST

Change in KONE Corporation's holding of treasury shares

A total of 21,752 KONE class B shares have been returned free of consideration
to KONE Corporation by virtue of the terms of KONE Corporation's share-based
incentive program for the years 2013-2015.

The date of the returning of the shares was August 9, 2016. After the
transaction, KONE Corporation holds 12,867,711 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

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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