KONE wins order for residential high-rises in Sydney, Australia

January 20, 2014

KONE Corporation, press release, January 20, 2014

KONE has won an order to supply 14 eco-efficient elevators to the two high-rise towers forming Centrium Apartments, in Sydney, Australia. Once completed both towers will offer breathtaking views of Sydney to its residents. The 47-story tower will house residential apartments, while the 32-story second building will house five-star serviced apartments.

KONE provided all the design assistance, energy calculations and traffic flow solutions early in the project to provide the best possible People Flow® solution. The order includes 11 KONE MiniSpace(TM) elevators, which are well suited for traveling long distances. Five of the elevators will travel 136 meters from the underground car park all the way up to the penthouse apartments. All the elevators are powered by the KONE EcoDisc® hoisting motor, which consume less energy than other gearless elevators.

Centrium Apartments is being developed and constructed by Meriton. The apartments have been designed by PTW Architects in collaboration with Meriton. The project is expected to be completed in late 2015.

The order was booked in the third quarter 2013.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4330

Previously published press releases are available at www.kone.com/press including:

- October 7, 2013: KONE to supply smart and eco-efficient people flow solutions to prestigious office development in Brisbane, Australia

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® 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.