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Sophie Jolly Named Vice President, Investor Relations

Press Release Published 15/08/2005

Sophie Jolly, (39), M.Sc. (Econ.), has been appointed Vice President, Investor Relations in the KONE Corporate Communications & IR team as of 1 September, 2005.

She will report to Minna Mars, SVP Communications & IR. Sophie Jolly has served Wärtsilä Corporation as IR manager with for the last three years and prior to that worked as sales and derivatives trader with broker companies Alfred Berg and Selin in Helsinki.

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, Senior Vice President, Corporate Communications & IR,
tel. +358 (0)204 75 4501

KONE is the world’s fourth largest elevator and escalator 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 three billion and about 27,000 employees. Its class B shares are listed on the Helsinki Exchanges.

www.kone.com