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KONE wins an order for Raffles City Chengdu

Press Release Published 16/04/2010

KONE has won an order to supply 38 elevators, 22 escalators and 6 autowalks for the five towers of Raffles City Chengdu, a new landmark building in the capital of Sichuan Province.


Altogether, KONE will deliver 19 KONE MiniSpace™ elevators, 12 KONE MonoSpace™ elevators, 6 KONE double-deck elevators, 1 KONE TranSys™ freight elevator, 22 KONE TravelMaster™ escalators and 6 autowalks. Together these solutions will ensure the energy-efficient people flow for the consumers, tourists and businesspeople who will be working, living and shopping in the building complex.

“Energy saving has been a focus area, and our eco-efficient solutions help Raffles City Chengdu to comply with the standards of LEED* certification,” says Pekka Kemppainen, Executive Vice President, KONE Asia-Pacific.

Chengdu Raffles Plaza has been designed by world-renowned American architect Steven Holl and is being developed by Capitaland China. It is the third Raffles City project in China. The complex will host offices, a shopping mall, a five-star hotel, serviced apartments and is scheduled to open in 2011.

The order was booked in Q1 of 2010.

*LEED is an internationally recognized green building certification system, developed by the U.S. Green Building Council.

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