KONE Corporation: Managers' Transactions KONE C

KONE Corporation, managers' transactions, July 31, 2017 at 11.00 a.m. EEST

____________________________________________ Person subject to the notification requirement Name: HOLDING MANUTAS OY Position: Closely associated person (X) Legal person (1):Closely associated person Name: HERLIN, ANTTI Position: Member of the Board Issuer: KONE CORPORATION LEI: 2138001CNF45JP5XZK38 Notification type: INITIAL NOTIFICATION Reference number: 2138001CNF45JP5XZK38_20170731095837_2 ____________________________________________ Transaction date: 2017-07-28 Venue: BATD Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction Details (1): Volume: 588 Unit price: 43.88000 EUR (2): Volume: 571 Unit price: 43.92000 EUR Aggregated transactions (2): Volume: 1159 Volume weighted average price: 43.89971 EUR ____________________________________________ Transaction date: 2017-07-28 Venue: BATS CHI-X EUROPE -BXE ORDER BOOKS (BATE) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction Details (1): Volume: 158 Unit price: 43.72158 EUR (2): Volume: 239 Unit price: 43.89439 EUR (3): Volume: 130 Unit price: 43.94923 EUR (4): Volume: 282 Unit price: 43.92723 EUR (5): Volume: 233 Unit price: 43.94086 EUR (6): Volume: 403 Unit price: 43.86876 EUR (7): Volume: 299 Unit price: 43.86268 EUR (8): Volume: 262 Unit price: 43.87126 EUR (9): Volume: 458 Unit price: 43.93533 EUR (10): Volume: 331 Unit price: 44.00692 EUR (11): Volume: 257 Unit price: 43.92704 EUR (12): Volume: 955 Unit price: 43.82884 EUR (13): Volume: 308 Unit price: 43.92062 EUR Aggregated transactions (13): Volume: 4315 Volume weighted average price: 43.89066 EUR ____________________________________________ Transaction date: 2017-07-28 Venue: CHID Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction Details (1): Volume: 1758 Unit price: 43.95500 EUR (2): Volume: 1458 Unit price: 43.91000 EUR (3): Volume: 599 Unit price: 43.89500 EUR (4): Volume: 491 Unit price: 43.99500 EUR (5): Volume: 47 Unit price: 43.91500 EUR Aggregated transactions (5): Volume: 4353 Volume weighted average price: 43.93575 EUR ____________________________________________ Transaction date: 2017-07-28 Venue: BATS CHI-X EUROPE -CXE ORDER BOOKS (CHIX) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction Details (1): Volume: 651 Unit price: 43.71876 EUR (2): Volume: 1034 Unit price: 43.89080 EUR (3): Volume: 1323 Unit price: 43.94172 EUR (4): Volume: 1547 Unit price: 43.91901 EUR (5): Volume: 763 Unit price: 43.94457 EUR (6): Volume: 2108 Unit price: 43.86397 EUR (7): Volume: 1340 Unit price: 43.87037 EUR (8): Volume: 1286 Unit price: 43.87730 EUR (9): Volume: 1685 Unit price: 43.95291 EUR (10): Volume: 571 Unit price: 44.00240 EUR (11): Volume: 1301 Unit price: 43.91414 EUR (12): Volume: 1987 Unit price: 43.83543 EUR (13): Volume: 1128 Unit price: 43.92093 EUR Aggregated transactions (13): Volume: 16724 Volume weighted average price: 43.89447 EUR ____________________________________________ Transaction date: 2017-07-28 Venue: JPMX Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction Details (1): Volume: 1021 Unit price: 43.71750 EUR (2): Volume: 600 Unit price: 43.94250 EUR (3): Volume: 1800 Unit price: 43.92583 EUR Aggregated transactions (3): Volume: 3421 Volume weighted average price: 43.86658 EUR ____________________________________________ Transaction date: 2017-07-28 Venue: TURQUOISE (TRQX) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction Details (1): Volume: 250 Unit price: 43.72092 EUR (2): Volume: 318 Unit price: 43.89720 EUR (3): Volume: 426 Unit price: 43.93918 EUR (4): Volume: 438 Unit price: 43.92909 EUR (5): Volume: 210 Unit price: 43.94205 EUR (6): Volume: 324 Unit price: 43.87685 EUR (7): Volume: 455 Unit price: 43.86530 EUR (8): Volume: 808 Unit price: 43.88877 EUR (9): Volume: 276 Unit price: 43.94714 EUR (10): Volume: 73 Unit price: 44.00164 EUR (11): Volume: 513 Unit price: 43.91374 EUR (12): Volume: 238 Unit price: 43.83059 EUR (13): Volume: 351 Unit price: 43.92615 EUR Aggregated transactions (13): Volume: 4680 Volume weighted average price: 43.89581 EUR ____________________________________________ Transaction date: 2017-07-28 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction Details (1): Volume: 7920 Unit price: 43.71124 EUR (2): Volume: 8409 Unit price: 43.89511 EUR (3): Volume: 8121 Unit price: 43.93556 EUR (4): Volume: 7733 Unit price: 43.93200 EUR (5): Volume: 7036 Unit price: 43.94268 EUR (6): Volume: 7165 Unit price: 43.86786 EUR (7): Volume: 4933 Unit price: 43.86880 EUR (8): Volume: 7045 Unit price: 43.87765 EUR (9): Volume: 7581 Unit price: 43.94706 EUR (10): Volume: 8534 Unit price: 44.00634 EUR (11): Volume: 6694 Unit price: 43.91679 EUR (12): Volume: 6820 Unit price: 43.82960 EUR (13): Volume: 5842 Unit price: 43.92204 EUR Aggregated transactions (13): Volume: 93833 Volume weighted average price: 43.89770 EUR ____________________________________________ Transaction date: 2017-07-28 Venue: UBS MTF (XUBS) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction Details (1): Volume: 1515 Unit price: 43.91000 EUR Aggregated transactions (1): Volume: 1515 Volume weighted average price: 43.91000 EUR

For further information, please contact: Sanna Kaje, Vice President, Investor Relations, tel. +358 204 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. www.kone.com