KONE Oyj

Earnings Release • Jun 18, 2007

Disclosure 226354

KONE Oyj - Company Announcement

KONE s Financial Performance Stronger than Anticipated

KONE Corporation, Stock Exchange Release, 18 June, 2007 KONE's sales and operating income (EBIT) in January-May 2007 have developed more favorably than anticipated. Also orders growth has continued on a good level. "Our development programs have progressed well and produced results. Our competitiveness has improved in all continents", comments Matti Alahuhta, President & CEO of KONE Corporation. The positive development contributes to the full year 2007 outlook. The previously stated outlook for the financial year 2007 will be upgraded in conjunction with the interim report for the period January-June 2007. KONE's interim report for the period January-June 2007 will be published on Friday, 20 July. Sender: KONE Corporation Aimo Rajahalme Executive Vice President, Finance Minna Mars Senior Vice President, Corporate Communications & IR For further information, please contact: Minna Mars, SVP, Corporate Communications & IR, tel. +358 (0)204 75 4501 Sophie Jolly, Vice President, IR, tel.+358 204 75 4534 KONE is one of the world's leading elevator and escalator companies. It provides its customers with industry-leading elevators and escalators, with innovative solutions for their maintenance and modernization. KONE also provides maintenance of automatic building doors. In 2006, KONE had annual net sales of EUR 3.6 billion and approximately 29,000 employees. Its class B shares are listed on the Helsinki Stock Exchange in Finland. www.kone.com