KONE Oyj, managers' transactions, August 31, 2018, at 1.15 p.m. EEST ____________________________________________

Person subject to the notification requirement Name: Security Trading Oy  Position: Closely associated person (X) Legal person

(1):Person Discharging Managerial Responsibilities In Issuer Name: Herlin Antti  Position: Member of the Board

Issuer: KONE Oyj  LEI: 2138001CNF45JP5XZK38

Notification type: INITIAL NOTIFICATION Reference number: 2138001CNF45JP5XZK38_20180831115927_2 ____________________________________________

Transaction date: 2018-08-31 Venue not applicable Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: GIFT,DONATION OR INHERITANCE (MADE)

Transaction details (1): Volume: 100,000 Unit price:  EUR

Aggregated transactions (1): Volume: 100,000 Volume weighted average price:  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 2017, KONE had annual net sales of EUR 8.9 billion, and at the end of the year over 55,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com