It does when I tried; maybe you missed the right specification of the variables of the Kripke structures. Here is my input:
for K1
vars a;
init 0;
labels 0:; 1:; 2:a;
transitions 0->1; 1->1; 1->2; 2->0;
for K2
vars a,b;
init 0,2,3;
labels 0:; 1:; 2:a; 3:a,b;
transitions 0->1; 1->1; 1->2; 1->3; 2->0; 2->1; 3->0;