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Karla Lindahl appointed Director, Investor Relations at KONE

Press Release Published 26/03/2010

Karla Lindahl has been appointed Director of KONE’s Investor Relations as of April 1, 2010. Karla has worked as Legal Counsel at KONE since 2004. Karla is succeeding Sophie Jolly who will continue within KONE as Director of Strategic Development Projects as of the same date.

Sophie Jolly has been responsible for the successful development of KONE’s IR function since 2005 and she will support Karla Lindahl during a transition period from April 1 until July 31, 2010 to ensure a successful and efficient transition.

Karla Lindahl and Sophie Jolly will report to Henrik Ehrnrooth, CFO of KONE.

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 2009, KONE had annual net sales of EUR 4.7 billion and approximately 34,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland. Founded in 1910, KONE celebrates its centennial anniversary in 2010.

www.kone.com

For further information, please contact:

Henrik Ehrnrooth, CFO, KONE

Tel. +358 204 75426

Anne Korkiakoski, Executive Vice President, Marketing & Communications, KONE

Tel. +358 204 754775