KONE Board of Directors proposes an EUR 1.50 extra dividend per class B-share and EUR 1.495 per class A-share

KONE Corporation, stock exchange release, September 24, 2012 at 9.30 a.m. EET

The Board of Directors of KONE Corporation has decided to propose to an extraordinary general meeting of shareholders to be held on October 24, 2012 that an extra dividend of EUR 1.50 per class B-share and EUR 1.495 per class A-share be distributed to KONE shareholders. The proposed extra dividend would amount to EUR 384.4 million in total, based on the current ownership of treasury shares. The dividend would be payable on November 5, 2012 to shareholders registered on the company's shareholders' register held by Euroclear Finland Ltd. on the dividend record date of October 29, 2012.

The invitation to the extraordinary general meeting will be published by means of a separate stock exchange release and on KONE's website at a later stage.

For further information, please contact:

Anne Korkiakoski, Executive Vice President, Marketing & Communications, tel. +358 204 75 4775

Karla Lindahl, Director, Investor Relations, tel. +358 204 75 4441

Sender:

KONE Corporation
Board of Directors

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, 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 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com