2017-05-05 KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 (2)

KONE Corporation, stock exchange release, May 5, 2017 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 May 4, 2017, in accordance with the Finnish Securities Market Act Chapter 9, Section 5.

According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds increased to five (5) per cent of the share capital of KONE Corporation on May 3, 2017. The share of voting rights was still below five (5) percent on May 3, 2017.

Total position of BlackRock, Inc. and its funds subject to the notification:

	% of shares and voting rights	% of shares and voting rights through financial instruments	% of total	Total number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached	4.58% of shares Below 5% of voting rights	0.42% of shares Below 5% of voting rights	5.00% of shares Below 5% of voting rights	526,168,882 shares 121,204,729 voting rights
Position of previous notification (if applicable)	Below 5% of shares Below 5% of voting rights	Below 5% of shares Below 5% of voting rights	Below 5% of shares Below 5% of voting rights

Notified details of the resulting situation on the date on which the threshold was crossed:

A: shares and voting rights

Class / type of shares	Number of shares and voting rights		% of shares and voting rights
	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009013403		24,100,760 shares Below 5% of voting rights		4.58% of shares Below 5% of voting rights
SUBTOTAL A	24,100,760 shares Below 5% of voting rights		4.58% of shares Below 5% of voting rights

B: Financial instruments according to SMA 9:6a:

Type of financial instrument	Expiration date	Exercise / Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
Depositary Receipt	N/A	N/A	Physical	34,930 shares Below 5% voting rights	0.00% of shares Below 5% voting rights
Securities Lent	N/A	N/A	Physical	2,047,950 shares Below 5% voting rights	0.38% of shares Below 5% voting rights
CFD	N/A	N/A	Cash	176,390 shares Below 5% voting rights	0.03% of shares Below 5% voting rights
SUBTOTAL B				2,259,270 shares Below 5% voting rights	0.42% of shares Below 5% voting rights

For further information, please contact:

Sanna Kaje, Vice President, Investor Relations, tel. +358 (0)204 75 4705

Sender:

KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Ilkka Hara
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 2016, KONE had annual net sales of EUR 8.8 billion and at the end of the year over 52,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.