KONE Corporation, Stock Exchange Announcement, November 30, 2007 KONE 2005A and 2005B option rights based on the KONE Corporation option program 2005 were listed on the main list of the Helsinki Stock Exchange (today known as OMX Nordic Exchange Helsinki) on 1 June, 2005. Each option right entitles to subscription for six (6) class B shares at a price of EUR 8.04 per share. The remaining 2005A option rights entitle the holders to subscribe for 168,078 class B shares, and the remaining 2005B option rights for 423,192 class B shares. The series 2005A option rights share subscription period ends on 31 March, 2008 and the series 2005B option rights subscription period on 31 March, 2009. The share subscription timetable in 2008 is as follows: 2005A option rights Last subscription date Increase of share capital registered latest 20 February, 2008 by 7 March, 2008 31 March, 2008 by 30 April, 2008 2005B option rights Last subscription date Increase of share capital registered latest 20 February, 2008 by 7 March, 2008 17 April, 2008 by 30 April, 2008 17 July, 2008 by 8 August, 2008 16 October, 2008 by 31 October, 2008 30 November, 2008 by 31 December, 2008 The Board will not handle share subscriptions between the end of the accounting period 2008 and the following Annual General Meeting. For further information, please contact: Jukka Ala-Mello, Secretary to the Board, tel. +358 (0)204 75 4226 About KONE 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 OMX Nordic Exchange in Helsinki, Finland. www.kone.com Sender: KONE Corporation Jukka Ala-Mello Director, Secretary to the Board Minna Mars Senior Vice President, Corporate Communications & IR