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2014-04-17

KONE Oyj: KONE secures maintenance contract extension for Heathrow Airport elevators, escalators and autowalks

KONE Corporation, press release, April 17, 2014

KONE has successfully secured a five-year contract extension to maintain
equipment for people and goods movement at all Heathrow Airport Limited
terminals, including the new Terminal 2 building. KONE's around the clock
service will aid the smooth and efficient flow of an estimated 72 million
passengers per year in the terminals.

Heathrow Airport Limited has recognized KONE as being the service provider of
choice and commissioned it to maintain over 1,000 elevator, escalator and
autowalk units across all of its terminals. The new maintenance contract
which also covers the new Terminal 2 - Queen's Terminal will continue through
2019.

KONE was selected as the service provider of choice for Heathrow Airport
Limited due to it consistently delivering an excellent people flow experience
for passengers and service quality management. KONE's performance is
published on a monthly basis across the airport and currently has a 99.7%
equipment availability rate.

"I am proud that our long-term partnership with Heathrow Airport continues. It
is a magnificent achievement to be awarded the contract to maintain all the
equipment," said Michael Williams, Managing Director for KONE in Great
Britain. "Heathrow is internationally renowned for being one of the busiest
transportation hubs in the world. To be assigned the service provider of
choice and to help passengers move around efficiently and comfortably is a
huge credit to our team."

Over the years, KONE has modernized and supplied new elevators, escalators and
autowalks to Heathrow Airport. KONE has been providing maintenance services
to Heathrow Airport since 1990. Upon completion of the new contract KONE will
have been providing maintenance for 29 years.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing&Communications, KONE Corporation, tel. +358
2075 4775

Previous press releases on KONE's orders are available at www.kone.com/press
including:

- January 16, 2014:KONE to provide eco-efficient elevators to the Nova,
Victoria in London

- January 3, 2014:KONE to modernize elevators to improve access to six busy
London Underground stations

- October 1, 2012:KONE to supply the elevators to new Crossrail stations in
central London
About KONE
KONE is one of the global leaders in the elevator and escalator industry.
KONE's objective is to offer the best People Flow® experience by developing
and delivering solutions that enable people to move smoothly, safely,
comfortably and without waiting in buildings in an increasingly urbanizing
environment. KONE provides industry-leading elevators, escalators, automatic
building doors and integrated solutions to enhance the People Flow in and
between buildings. KONE's services cover the entire lifetime of a building,
from the design phase to maintenance, repairs and modernization solutions. In
2013, KONE had annual net sales of EUR 6.9 billion and at the end of the year
over 43,000 employees. KONE class B shares are listed on the NASDAQ OMX
Helsinki Ltd in Finland.

www.kone.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: KONE Oyj via Globenewswire

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