KONE wins an order for KL118 Tower, the tallest building in Malaysia

KONE Corporation, press release, June 25, 2014

KONE, an innovative leader in elevators and escalators, will be supplying 105 elevators and escalators to KL118 Tower, a 118-storey mixed use tower developed by PNB Merdeka Ventures Sdn Bhd in Kuala Lumpur, Malaysia.

Comprising of a total of more than 400,000sqm of residential, hotel and commercial functions, KL118 tower is expected to be the tallest building in Malaysia, upon completion in 2019, a new landmark of the country. The building will be connected to a metro station and its 2nd phase of development will consist of another 4 residential towers.

To ensure a smooth people flow and achieve space optimization, 18 KONE TravelMaster(TM) escalators, 23 KONE MonoSpace® machine room-less elevators, 23 KONE MiniSpace(TM) elevators, 37 KONE DoubleDeck elevators, KONE People Flow Intelligence solutions including KONE highly innovative Destination Control Systems will be provided. The installation of KONE's energy efficient elevators will assist the new complex pursuit of the Leadership in Energy and Environmental Design (LEED) Gold or Platinum certification.

12 of the elevators installed at the KL118 Tower have a travel speed of 10m/s and this includes 11 KONE DoubleDeck. Besides these, two DoubleDeck observation elevators with travel speed of 8m/s, and two service elevators with travel speed of 9m/s and travel height of almost 500m are also included.

Additionally, four KONE JumpLift elevators will make the KL118 construction process safer and faster, with reduced down-time and earlier closing of the building façades. With the KONE JumpLift, all construction workers will experience significantly less waiting time, a safer and more comfortable transportation means. Furthermore, the elevators in KL118 will be equipped with a fully automated Occupant Evacuation Operation system that executes building evacuation automatically in event of emergency. Building users will receive automatic messages and evacuation instructions, via the elevator Destination Operating Panels, on every floor.

"We are excited to be a part of this iconic landmark in Malaysia." said Noud Veeger, Executive Vice President for KONE Asia Pacific and Middle East. "Working closely with PNB and their project manager, Turner International, our innovative technology and people flow planning expertise positioned us well to offer the best solutions for this development."

The order was booked in the second quarter of 2014.

Previous press releases on KONE's orders are available at www.kone.com/press including:

• June 5, 2014: KONE wins order for Saudi Arabia's Kingdom Tower, the world's tallest building
• April 14, 2014: KONE wins an order for a multiuse complex District 8 in Jakarta's financial center in Indonesia

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775, media@kone.com
About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE'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. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2013, KONE had annual net sales of EUR 6.9 billion, and at the end of the year over 43,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.
www.kone.com