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2014-04-14

KONE Oyj: KONE wins an order for a multiuse complex District 8 in Jakarta's financial center in Indonesia

KONE wins an order for a multiuse complex District 8 in Jakarta's financial
center in Indonesia

KONE Corporation, press release, April 14, 2014

KONE, an innovative leader in elevators and escalators, has received an order
for 131 elevators and escalators for District 8, a commercial and residential
use development in Jakarta's business district in Indonesia. Containing a
shopping mall as well as seven tower buildings reaching up to 250 meters in
height and comprising offices and apartments, District 8 is expected to be
completed by the end of 2016.

To increase transportation capacity and to shorten travel time to the District
8 building towers with up to sixty floors, KONE will supply for the project
50 KONE MiniSpace(TM) elevators, eight KONE MonoSpace® elevators and 28
TravelMaster(TM) escalators. A special feature of the order, 18 KONE
DoubleDeck elevators will be installed to the office building towers of
District 8 with KONE Polaris(TM) hybrid destination control systems and
integrated access control system. Additionally, four KONE JumpLift elevators
will make the District 8 construction process safer and faster with reduced
down-time and earlier closing of the facade.

"With a population of 28 million, Jakarta is one of the world's largest urban
areas and we look forward to being part of reshaping the city's rapidly
developing landscape with our energy-saving solutions. We welcome Agung
Sedayu Group's confidence in allowing us to bring new people flow solutions
to one of Indonesia's most prominent building projects and facilitate smooth
people flow already during construction time," comments Noud Veeger,
Executive Vice President for KONE in Asia Pacific and Middle East.

District 8 is developed by Agung Sedayu Group and it has been designed by
FORREC and PT Airmas Asri.

The order was booked in the first quarter of 2014.

Related press releases on KONE's orders in South-East Asia are available at
www.kone.com/press including:

* Jan 15, 2014:KONE elevators and escalators to enable smooth people flow at
Manila Bay Resorts casino and hotel in the Philippines
* Oct 1, 2013:First KONE UltraRope(TM) installed at Marina Bay Sands,
Singapore, in time for the World Architecture Festival For further
information, please contact: Anne Korkiakoski, EVP,
Marketing&Communications, KONE Corporation, tel. +358 204 75
4775media@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
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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