KONE Secures an Order for the The Leadenhall Building in London


LONDON, September 10 /PRNewswire/ --     KONE has signed a contract with British Land for the design,
delivery and installation of all elevators and escalators for The Leadenhall
Building in London, U.K. Designed by Rogers Stirk Harbour & Partners, the new
tower will be 225 meters tall making it the tallest building in the City of
London.

"We are extremely pleased that British Land, one of Europe's
top listed real estate companies has put their trust in KONE once more with
such a landmark project. Our U.K. team continues to create great results and
to win confidence among our customers," says Noud Veeger, KONE EVP, Area
Director for Central and North Europe.

The Leadenhall Building project will be equipped with 29
elevators and 3 escalators. When installed, 22 of the elevators will be fully
scenic exterior glass elevators with a maximum speed of 8.0 m/s and a travel
of approximately 220 meters. The installation of the equipment will start in
July 2009 and is planned for completion in December 2010.

The decreasing profile of The Leadenhall Building provides a
logical termination to a tall building, allowing it to create its own
distinctive profile and to become a positive addition to the London skyline.
The profile will also appear to anchor the tower to the ground giving a sense
of strength.

The Leadenhall Building project follows KONE's earlier
successes with British Land in the City of London, the 201 Bishopsgate and
The Broadgate Tower projects. The Broadgate Tower will have the first
double-deck destination control system in the world due for completion in the
spring of 2008.

About KONE

KONE is one of the world's leading elevator and escalator companies. It
provides its customers with industry-leading elevators and escalators, with
innovative solutions for their maintenance and modernization. KONE also
provides maintenance of automatic building doors. In 2006, KONE had annual
net sales of EUR 3.6 billion and approximately 29,000 employees. Its class B
shares are listed on the OMX Nordic Exchange in Helsinki, Finland.

For further information please contact: 
    Minna Mars, SVP Corporate Communications & IR
    tel. +358-(0)204-75-4501 or +358-(0)50-384-9440
    http://www.kone.com

© PR Newswire Association LLC.

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