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KONE Appoints Tuomas Kahri SVP, Marketing and Quality

Press Release Published 09/01/2006

KONE Corporation has appointed M.Sc. (Econ.) Tuomas Kahri, b. 1967, Senior Vice President, Marketing and Quality as of 13 February, 2006. He will report to President Matti Alahuhta.

Mr. Kahri’s previous work experience includes and McKinsey & Company and advertising agency SEK & GREY. Currently he is employed by Finland Post Corporation.

”The marketing skills of Tuomas Kahri are especially important for us as we are aiming at strengthening our global market position. In addition, his background in quality development provides us with even better prerequisites for developing the quality of our solutions and operations from a customer perspective”, states KONE President Matti Alahuhta.

Sender:

KONE Corporation

Kerttu Tuomas Executive Vice President, Human Resources

Minna Mars Senior Vice President, Corporate Communications & IR

For further information, please contact:
Minna Mars, SVP, Corporate Communications & IR, tel. +358 (0)204 75 4501
Tuomas Kahri, tel. +358 400 336 788

KONE is the world’s fourth largest elevator company and provides complete and innovative solutions for the installation, maintenance and modernization of elevators and escalators and the maintenance of automatic building doors. KONE provides safe and easy access to hundreds of millions of people daily in all parts of the world. KONE has annual net sales of approximately EUR 3 billion and about 27,000 employees. Its class B shares are listed on the Helsinki Stock Exchange.

www.kone.com