KONE wins super high-rise order in Chongqing, China

Press Release Published 03/12/2013

KONE Corporation, pressrelease, March 12, 2013

KONE has won an order for 94 elevators and 36escalators to be installed in the super high-rise tower, two lowertowers and podium of the Chongqing International Trade and CommerceCenter under construction in Chongqing, Southwest China. The dealincludes seven KONE DoubleDeck elevators, 64 KONE MiniSpace(TM)elevators, 23 KONE S MonoSpace® elevators, 36 KONE TravelMaster®escalators, and the KONE E-Link remote monitoring system.

Once completed, the Chongqing International Tradeand Commerce Center's tallest tower will rise to a height of 468meters and stand on the banks of the Jialing River like a giganticunfolding sail. The 105-story tower will be home to the world'shighest-traveling KONE elevator to date - a KONE MiniSpace thatwill travel to a height of 452 meters.

"We are very excited that this super high-risetower in Chongqing will house a KONE elevator that can transportpeople 98 stories in one continuous journey - the highest-travelingKONE elevator to date! We have worked closely with the customer toensure the best possible and ecologically most sound People Flow®solutions for this landmark project in this rapidly urbanizingcity," said William B. Johnson, Executive Vice President for KONEGreater China.

In addition to the super high-rise tower, whichincludes premium offices and a five-star hotel, the ChongqingInternational Trade and Commerce Center includes a 47-story officebuilding, a 39-story luxury serviced apartment building and ashopping mall podium. The total floor space of the buildings willexceed 680,000 square meters, and construction is expected to becompleted in April 2017.

KONE's eco-efficient solutions were a keyconsideration for the project as the Chongqing International Tradeand Commerce Center is aiming for Gold-level LEED certification.The LEED framework is intended to provide a framework foridentifying and implementing practical and measurable solutions forgreen building design, construction, operations andmaintenance.

Tha main contractor of the project is ChongqingShui On Tiandi Property Development Co., Ltd., a subsidiary of HongKong-based Shui On Land. The architects of the project are P&T,ARUP, KPF, and Benwood.

The order was booked in the fourth quarter of2012.

For further information,please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONECorporation, tel. +358 204 75 4775

Previous press releases on KONE's orders areavailable at www.kone.com/press

About KONE

KONE is one of the global leaders in the elevatorand escalator industry. The company has been committed tounderstanding the needs of its customers for the past century,providing industry-leading elevators, escalators and automaticbuilding doors as well as innovative solutions for modernizationand maintenance. The company's objective is to offer the bestPeople Flow® experience by developing and delivering solutions thatenable people to move smoothly, safely, comfortably and withoutwaiting in buildings in an increasingly urbanizing environment. In2012, KONE had annual net sales of EUR 6.3 billion and around40,000 employees. KONE class B shares are listed on the NASDAQ OMXHelsinki Ltd in Finland.


www.kone.com

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