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KONE and Marimekko Enter into Cooperation on Elevator Car Interiors

KONE and Marimekko Enter into Cooperation on Elevator Car Interiors

Press Release Published 03/11/2006

KONE and Marimekko have signed an agreement to start cooperation under license concerning the decoration of elevator car interiors.

The agreement provides an opportunity to apply Marimekko design to elevators by decorating the internal walls of an elevator car with a decorative laminate. Marimekko designs will be part of the KONE Deco™ solution, offering high-quality design alternatives to supplement other KONE Deco™ designs.

The KONE Deco™ solution ranges from predefined solutions to fully customized solutions and it can be applied to both new and existing elevators. The KONE Deco™ solution covers the full service from the decoration planning to material installation and replacement. The decoration can be changed to suit the place and event, even several times a year.

"Our cooperation with KONE opens up entirely new horizons, combining Finnish design, quality and technological expertise in a new and innovative way. Applying Marimekko designs to elevator cars will turn the ride into an experience that can be continued in other interior designs of the building. The agreement reflects the goal of both parties to make design a part of people's everyday lives," says Kirsti Paakkanen, President, Marimekko Corporation.

"KONE has recently focused on increasing the extent of design in all its business areas. With our solutions, we will provide our customers with more customized and simultaneously stylish solutions. Bringing Marimekko design into KONE elevators is a unique addition to our solution portfolio. These two strong international brands will strengthen each other and provide architectural planning with a new dimension. I am very pleased to announce our partnership, which will enable us to provide architects and our customers with a widened range of leading customized solutions," says Matti Alahuhta, President, KONE Corporation.

The KONE Deco™ solution will provide architects with increased architectural freedom. It will support other architectural choices of the building, and can be used to change the mood of the elevator according to the building and occasion.

Sender:

KONE Corporation

Minna Mars
Senior Vice President,
Corporate Communications & IR

MARIMEKKO CORPORATION

Marja Korkeela
Corporate Communications & IR

Press meeting

A meeting for the press will be held on 3 November, 2006 at 10:00 a.m. (9:00 a.m. CET) at the KONE Building, address Keilasatama 3, Espoo, Finland.

For more information on the cooperation with Marimekko, please visit www.kone.com/deco/marimekko.

For further information, please contact:

KONE Corporation:
Anne Stenros, Vice President, Design, tel. +358 (0)204 75 4363 or +358 50 5160788

MARIMEKKO CORPORATION:
Kirsti Paakkanen, President, tel. +358 (0)9 758 71
Päivi Lonka, Export Director, tel. +358 (0)9 758 7430

KONE is one of the world’s leading elevator and escalator companies. It provides its customers with industry-leading elevators and escalators and innovative solutions for their maintenance and modernization. KONE also provides maintenance of automatic building doors. In 2005, KONE had annual net sales of EUR 3.2 billion and about 27,000 employees. Its class B shares are listed on the Helsinki Stock Exchange. www.kone.com

Marimekko is a leading Finnish textile and clothing design company. The company designs, manufactures and markets high-quality clothing, interior decoration textiles, bags and other accessories under the Marimekko brand, both in Finland and abroad. In 2005, the company had net sales of EUR 67.2 million. Exports and income from international operations accounted for 19.4% of the Group’s net sales. At the end of 2005, the company had a payroll of 377. Marimekko has carried on licensing in Finland and abroad since 1960s. Marimekko’s share has been quoted on the Helsinki Stock Exchange since 1999. www.marimekko.com