KONE Oyj

Transaction in Own Shares • Apr 29, 2011

Disclosure 286827

KONE Oyj - Changes in company's own shares

Change in the amount of KONE Corporation treasury shares

KONE Corporation, stock exchange release, April 29, 2011 at 09:30 a.m. EET KONE Corporation has assigned a total of 219,000 KONE class B shares to the 40 participants of the KONE share-based incentive program as a reward payment for the 2010 earning period. The handover date for the shares was April 28, 2011. After the transfer, KONE Corporation holds 4,928,870 of its own class B shares. About KONE KONE is one of the global leaders in the elevator and escalator industry. The company is committed to understanding the needs of its customers for providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best people flow experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2010, KONE had annual net sales of EUR 5 billion and approximately 33,800 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in 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 Anne Korkiakoski Executive Vice President Marketing and Communications [HUG#1510622]