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Kone repurchases own shares

Kone Corporation's Annual General Meeting held on February 25, 2008 authorized the board of directors to repurchase and redistribute the company's own shares. On the basis of this authorization Kone Corporation's Board of Directors has decided to commence repurchasing shares at the earliest on March 7, 2008.

The Annual General Meeting approved dividends of EUR 1.29 for each of the 19,052,178 class A shares and EUR 1.30 for the 106,955,663 outstanding class B shares. The date of record for dividend distribution is February 28, 2008, and dividends will be payable on March 6, 2008.



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