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2015-03-25

KONE Oyj: KONE wins order to equip multi-use development in Hefei, Anhui province in Eastern China

KONE Corporation, press release, March 25, 2015

KONE, a global leader in the elevator and escalator industry, has won an order
to supply 64 elevators and escalators to Gaosu Binhu Time Square, a multi-use
building in the city of Hefei, Anhui province in Eastern China.

Gaosu Binhu Time Square is composed of two 54-floor and 41-floor towers
standing at 238m and 180m and stretching to a total construction area of 230,
000 square meters. Due for completion in 2017, the building will integrate
offices, a hotel and a shopping mall under one roof. Gaosu Binhu Time Square
is built by Anhui Highway Real Estate Co, Ltd.

To ensure that shoppers, hotel guests and office workers are able to move
around the building smoothly and efficiently, especially during peak hours,
KONE will equip the development with 40 KONE MiniSpace(TM) elevators, four
KONE MonoSpace® elevators, 20 KONE TravelMaster(TM) escalators as well as
KONE E-Link(TM) monitoring system.

"We are honored to have won this project and committed to providing the
highest-quality people flow solutions to ensure the smooth movement of
visitors at Gaosu Binhu Time Square", says William B. Johnson, Executive Vice
President for KONE Greater China.

The order was booked in the fourth quarter of 2014.

Previously published press releases are available at www.kone.com/press
including:
March 24, 2015:KONE to equip mixed-use development in Hangzhou, Zhejiang
Province, China

December 15, 2014:KONE to deliver intelligent people flow solutions to
high-rise office buildings in Hunan Province, China

March 24, 2014:KONE to supply elevators to Zhonghai International Center in
Chengdu, Sichuan Province, China

For further information, please contact:
Liisa Kivelä, Director, External Communications, KONE Corporation, tel. +358
204 75 4330, media@kone.com

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
2014, KONE had annual net sales of EUR 7.3 billion, and at the end of the
year over 47,000 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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