2013-02-28 15:08:23 -

KONE Corporation, press release, February 28, 2013

KONE has been awarded a contract by the Washington Metropolitan Area Transit
Authority (WMATA) to replace 128 escalators at 34 stations throughout
Washington, D.C.'s Metro transportation system. The contract is part of WMATA's
multi-year capital improvement program known as Metro Forward. KONE was selected
through a procurement process which took into consideration KONE's technical
excellence and expertise providing replacement solutions for the mass transit
segment.

Under the agreement, KONE will replace up to 128 outdated escalators with KONE's
industry leading heavy-duty transit escalators, designed to meet the needs of
highly demanding public areas and featuring the latest in eco-efficient
technology, safety, and reliability.

"We are honored to have been chosen to work on this major renovation, which will
improve escalator reliability across the Metro system for   years to come," said
Larry Wash, KONE EVP and Area Director for the Americas. "Our energy-efficient
solutions and expertise in the mass transit segment will ensure the system will
receive the significant renovations it needs, while minimizing potential
disruption for passengers."

The order was booked in the first quarter of 2013 and is expected to be
completed by 2020.

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

Previous press releases on KONE's orders in the mass transit market are
available at www.kone.com/press including:

October 10, 2012, KONE to deliver eco-efficient escalators to future New York
City subway station

March 5, 2012, KONE awarded escalator project at Washington, D.C.'s Historic
Union Station

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 2012, KONE had annual net sales of EUR
6.3 billion and around 40,000 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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