2012-02-13 10:04:12 -

KONE Corporation, press release, February 13, 2012

KONE has been chosen by the Swedish Exhibition & Congress Centre and Peab to
deliver 23 eco-efficient elevators to the Gothia Towers hotel in Gothenburg,
Sweden. A new 100-meter high tower will be added to the hotel complex, making it
the highest building in Gothenburg. In addition, the 18-story center tower,
Crown Tower, will be extended by a further six stories, making it 82 meters
high. The three towers, which will contain a total of 1,208 rooms, will be the
biggest fully integrated hotel, fair and conference center in Europe.

For the new 29-story tower, KONE will deliver 10 KONE MiniSpace® and one KONE
MonoSpace® elevators, which are operated by eco-efficient KONE EcoDisc® hoisting
machines. An additional seven MiniSpace elevators will be installed   in the Crown
Tower. To meet the hotel's requirements for design, accessibility, safety, and
environmental efficiency, KONE will modernize the hoisting system and
electrification of five existing elevators in the West Tower using the KONE
ReGenerate solution. The order also includes KONE Polaris® destination control
system that will increase the handling capacity of the elevators and reduce
waiting times for the hotel guests. Other innovative technologies will be
integrated with the elevators in all three towers, such as the KONE E-Link
monitoring system.

"We are very happy that the Swedish Exhibition & Congress Centre and Peab have
shown confidence in us. We have a long-standing partnership with both companies
and are very proud to be able to offer one of the biggest hotels in Europe the
best People Flow® experience," says Ari Lehtoranta, EVP and Area Director for
KONE Central and North Europe.

All three towers will also have KONE panoramic elevators outside the buildings.
The new East Tower and the six stories that will be built on Crown Tower will be
certified according to the international environmental standard BREEAM.

Construction work has already started and is expected to be completed by the end
of 2014. The order was booked in the first quarter of 2012.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel.
+358 204 75 4775
Juha Mennander, Managing Director, KONE Sweden, tel. +46 8 752 3503

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The
company has been committed to understanding the needs of its customers for the
past century, providing industry-leading elevators, escalators and automatic
building doors as well as innovative solutions for modernization and
maintenance. The company's objective is to offer the best People Flow(TM)
experience by developing and delivering solutions that enable people to move
smoothly, safely, comfortably and without waiting in buildings in an
increasingly urbanizing environment. In 2011, KONE had annual net sales of EUR
5.2 billion and on average 35,000 employees. KONE class B shares are listed on
the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com







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Source: KONE Oyj via Thomson Reuters ONE

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