KONE wins order for the Riverside Century Plaza in Wuhu, China

Press Release Published 07/03/2012

KONE Corporation, pressrelease, July 3, 2012

KONE has won an order to deliver 44 elevators and34 escalators to the Riverside Century Plaza in Wuhu, AnhuiProvince, China. The plaza will have three high-rise towers on aneight-floor podium built alongside the Yangtze River. The officetower will rise to a height of 318 meters, while the two apartmenttowers are 168-meters high with 48 floors for residents. KONE'sinnovative and customized solutions will enable the smooth PeopleFlow® for the office workers and residents in the three towers ofthe plaza.

The order includes 38 KONE MiniSpace(TM)elevators, which are especially suited for high-rise buildings.There are also six KONE MonoSpace® elevators. All the elevators areequipped with the energy-efficient KONE EcoDisc® hoisting machines.The podium will house 34 KONE TravelMaster(TM) escalators. Atraffic monitoring system, KONE E-Link, will help the facilitymanager ensure a high level of service in the Riverside CenturyPlaza.

"We are honored to be chosen for our innovativeand eco-efficient solutions," says William B. Johnson, EVP and AreaDirector of KONE Greater China. "We are proud to offer ourworld-class project management to a complex combining a supertallbuilding with two skyscrapers."

Developed by Nanjing Global Era InternationalGroup, the main contractor of the plaza is China ConstructionEighth Engineering Division.Corp. Ltd. The Riverside Century Plazahas been designed by Pan-Pacific Design and Development Group. Theplaza will be completed in mid-2015.

The order was booked in the second quarter of2012.

For further information,please contact:
Liisa Kivelä, Director of External Communications, KONECorporation, tel. +358 0204 75 4330

About KONE
KONE is one of the global leaders in the elevator and escalatorindustry. The company has been committed to understanding the needsof its customers for the past century, providing industry-leadingelevators, escalators and automatic building doors as well asinnovative solutions for modernization and maintenance. Thecompany's objective is to offer the best People Flow® experience bydeveloping and delivering solutions that enable people to movesmoothly, safely, comfortably and without waiting in buildings inan increasingly urbanizing environment. In 2011, KONE had annualnet sales of EUR 5.2 billion and on average 35,000 employees. KONEclass B shares are listed on the NASDAQ OMX Helsinki Ltd inFinland.

www.kone.com

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