KONE Publishes January 1-December 31, 2007 Financial Statement Bulletin On Friday, January 25, 2008 At 12:30 P.m.

Espoo, Finland, Jan 11, 2008 - (Hugin via ABN Newswire) - KONE Corporation, Stock Exchange Announcement, January 11, 2008

Financial Statement Bulletin

KONE Corporation will publish its Financial Statement Bulletin for the accounting period January 1-December 31, 2007 on Friday, January 25, 2008 at 12:30 p.m. Finnish time. The review will be available on www.kone.com after publishing.

Press Meeting and Telephone Conference

A meeting for the press, conducted in Finnish, will be held on Friday January 25, 2008 at 2:00 p.m. Finnish time. The meeting will take place in KONE Building, located in Keilasatama 3, Espoo, Finland.

A telephone conference and a meeting for analysts, conducted in English, will begin at 3:30 p.m. Finnish time. The meeting will take place in KONE Building, located in Keilasatama 3, Espoo, Finland. The telephone conference will also be available as webcast at www.kone.com.

Telephone conference numbers:

US callers: +1 334 323 6203 Non-US callers: +44 (0)20 7162 0125 Participant code: KONE

An on demand version of the telephone conference will be available on www.kone.com later the same day.

Annual Report and Financial Statements

KONE's Annual Report 2007, including the Consolidated Financial Statements, will be placed as a PDF document on www.kone.com later in the day on Friday, January 25, 2008. The printed Annual Report 2007 will be published in the week starting February 4, 2008.

The Parent Company's Financial Statements will be placed as a PDF document on www.kone.com on Monday, February 18, 2008.

2007 Stock Exchange and Press Releases

All 2007 stock exchange and press releases can be found on the company website at www.kone.com.

About KONE

KONE is one of the world's leading elevator and escalator companies. It provides customers with industry-leading elevators, escalators and innovative solutions for maintenance and modernization. KONE also provides maintenance services for automatic building doors. In 2006, KONE had annual net sales of EUR 3.6 billion and approximately 29,000 employees. KONE class B shares are listed on the OMX Nordic Exchange Helsinki in Finland.

www.kone.com

For further information, please contact: Sophie Jolly, Vice President, IR, tel.+358 204 75 4534

Sender: KONE Corporation

Aimo Rajahalme Executive Vice President, Finance

Minna Mars Senior Vice President, Corporate Communications & IR

Copyright © Hugin ASA 2008. All rights reserved.

KONE Oyj

http://www.kone.com

ISIN: FI0009013403

Stock Identifier: XHEL.KNEBV