KONE won an order for the Suning Rui City high rise in Nanjing, China

Press Release Published 06/18/2012

KONE Corporation, pressrelease, June 18, 2012

KONE has won an order to deliver 54 elevators tothe Suning Rui City Phase E07 high-rise development in Nanjing,China. The mixed use complex with an area of 150,000 square meterswill house a luxury hotel, as well as office, and retail space.Suning Rui City phase E07 is located close to Nanjing's topcommercial center and local famous landmarks.

KONE will deliver 46 KONE MiniSpace(TM) 8 eightKONE MonoSpace® elevators. A traffic monitoring system, KONEE-Link, will help the facility managers ensure a high level ofservice for vertical transportation in the 230-meter-high tower andin the seven-story podium of which three stories serve as anunderground car park.

"We are honored that the high service level of ourteam has been recognized in providing optimal People Flow solutionsin a new commercial real estate project," says William B. Johnson,Managing Director of KONE China. "We are very pleased to continueour cooperation with Suning Real Estate in another high-endproject."

Developed by Suning Real Estate, the project hasbeen designed by local architect Nanjing Changjiang UrbanArchitectural Design Co., Ltd. The main contractor of Suning RuiCity is China Construction First Building Group Corp. Ltd. Theorder was booked in the first quarter of 2012 and the project isexpected to be completed in 2014.

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

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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