KONE Oyj

Major Shareholding Notification • Apr 29, 2016

Disclosure 332595

KONE Oyj - Major shareholder announcements

KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation, stock exchange release, April 29, 2016 at 11.00 a.m. EEST KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 KONE Corporation has received an announcement from BlackRock, Inc. on April 28, 2016, in accordance with the Finnish Securities Market Act Chapter 9, Section 10. According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds increased above five (5) per cent of the share capital of KONE Corporation on April 27, 2016. The share of voting rights was still below five (5) percent on April 27, 2016. Total position of BlackRock, Inc. and its funds subject to the notification: +------------------+------------+----------------+-----------+-----------------+ | | |% of shares and | | | | |% of shares |voting rights | |Total number of | | |and voting |through |% of total |shares and voting| | |rights |financial | |rights of issuer | | | |instruments | | | +------------------+------------+----------------+-----------+-----------------+ |Resulting |3.56% shares| |5.06% | | |situation on the | |1.50% shares |shares |525,406,314 | |date on which the |Below 5% | | |shares | |threshold was |voting |Below 5% voting |Below 5% |121,128,472 | |crossed or reached|rights |rights |voting |voting rights | | | | |rights | | +------------------+------------+----------------+-----------+-----------------+ |Position of |Below 5% | |Below 5% | | |previous |shares |Below 5% shares |shares | | |notification (if |Below 5% |Below 5% voting |Below 5% | | |applicable) |voting |rights |voting | | | |rights | |rights | | +------------------+------------+----------------+-----------+-----------------+ Notified details of the resulting situation on the date on which the threshold was crossed: A: shares and voting rights +------------------+-------------------------------+---------------------------+ |Class / type of |Number of shares and voting |% of shares and voting | |shares |rights |rights | +------------------+-------------+-----------------+------------+--------------+ | |Direct (SMA |Indirect (SMA |Direct (SMA |Indirect (SMA | | |9:5) |9:6 and 9:7) |9:5) |9:6 and 9:7) | +------------------+-------------+-----------------+------------+--------------+ | | |18,716,070 shares| |3.56% shares | |FI009013403 | |Below 5% voting | |Below 5% | | | |rights | |voting rights | +------------------+-------------+-----------------+------------+--------------+ |SUBTOTAL A |18,716,070 shares |3.56% | | |Below 5% voting rights |Below 5% voting rights | +------------------+-------------------------------+---------------------------+ B: Financial instruments according to SMA 9:6a: +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |% of | |Type of |Expiration |Exercise / |Physical or |Number of |shares | |financial |date |Conversion |cash |shares and |and | |instrument | |Period |settlement |voting rights|voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |0.00% | | | | | |4,890 shares |shares | |Depositary |N/A |N/A |Physical |Below 5% |Below | |receipt | | | |voting rights|5% | | | | | | |voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |1.20% | | | | | |6,325,560 |shares | |Securities |N/A |N/A |Physical |shares |Below | |Lent | | | |Below 5% |5% | | | | | |voting rights|voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |0.21% | | | | | |1,145,040 |shares | |CFD |N/A |N/A |Cash |shares |Below | | | | | |Below 5% |5% | | | | | |voting rights|voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |0.02% | | | | | |156,600 |shares | |ELN |15/07/2016 |Monthly |Cash |shares |Below | | | | | |Below 5% |5% | | | | | |voting rights|voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |0.02% | | | | | |156,600 |shares | |ELN |18/07/2016 |Monthly |Cash |shares |Below | | | | | |Below 5% |5% | | | | | |voting rights|voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |0.02% | | | | | |106,500 |shares | |ELN |20/07/2016 |Twice Monthly|Cash |shares |Below | | | | | |Below 5% |5% | | | | | |voting rights|voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |1.50% | | | | | |7,895,190 |shares | |SUBTOTAL B | | | |shares |Below | | | | | |Below 5% |5% | | | | | |voting rights|voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ For further information, please contact: Katri Saarenheimo, Director, Investor Relations, tel. +358 (0)204 75 4705 Sender: KONE Corporation Jukka Ala-Mello Secretary to the Board Eriikka Söderström 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 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 [HUG#2008316]