KONE wins an order for China’s fourth largest airport

Press Release Published 16/04/2010

KONE has won an order to supply 90 machine-room-less elevators and 16 autowalks to Kunming’s new international airport, which will be China’s fourth largest airport when completed in 2011. KONE’s People Flow™ solutions will help transfer 38 million passengers and 950,000 tonnes of cargo in southwestern China’s leading transportation hub.

Altogether, KONE will deliver 82 KONE MonoSpace™elevators, 8 KONE TranSys™ freight elevators and 16 autowalks.

“We are proud to contribute to the creation of a world-class airport facility with KONE’s innovative People Flow™ solutions. This project is another opportunity to help make traveling in China easier, whether it is at the Terminal 3 at Beijing Capital Airport, along the Beijing-Shanghai Express Railway or now in Kunming,” says Pekka Kemppainen, Executive Vice President, KONE Asia Pacific.

Kunming New Airport is a priority engineering project in Yunnan Province and is expected to be operational by the end of 2011. Kunming New Airport will serve Southeast Asia, South Asia and connect Asia to Europe. The airport’s long-term objective is to transfer 65 million passengers and 2.3 million tonnes of cargo by 2040. The order was booked in Q1 of 2010.

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

Previous press releases concerning KONE’s news in China are available at www.kone.com:

- December 30, 2009, KONE wins an order for two Beijing Subway lines

- December 30, 2009, KONE wins an order for energy-efficient high-rise in China

- September 21, 2009, KONE ramps up involvement for Shanghai’s 2010 World Expo

- May 25, 2009, KONE wins important order for China’s national high-speed railway project

For further information, please contact:

Anne Korkiakoski, Executive Vice President, Marketing & Communications, KONE,
tel. +358 (0)204 75 4775
Pekka Kemppainen, Executive Vice President, KONE Asia Pacific

2010-04-16 KONE wins an order for China’s fourth largest airport

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