KONE Oyj - Changes board/management/auditors

KONE appoints Max Alfthan as Executive Vice President, Marketing and Communications, and Member of the Executive Board

KONE Corporation, stock exchange release, August 19, 2014 at 2.00pm EET

Max Alfthan (53) has been appointed Executive Vice President responsible for
Marketing and Communications as of November 17(th), 2014. He will be a Member of
the Executive Board and will report to Henrik Ehrnrooth, President and CEO, KONE
Corporation.

Max Alfthan has a strong and versatile background in leading marketing and
communications activities in various companies. He has held several senior
management positions including at Sinebrychoff and Amer Sports Corporation. For
the last six years he has served as the Chief Strategy Officer for Fiskars. Max
Alfthan has a M.Sc. (Econ.) degree from the Swedish School of Economics in
Helsinki."Max has a proven track record of building strong brands and contributing to
growing businesses in different geographies. He brings to KONE a wealth of
valuable global marketing and communications experience as well as innovative
thinking and a capability to drive renewal," says Henrik Ehrnrooth.

For further information, please contact:

Kerttu Tuomas, Executive Vice President, Human Resources, tel. +358 (0)204
75 4373

Sender:

KONE Corporation

Henrik Ehrnrooth
President and CEO

Kerttu Tuomas
Executive Vice President
Human Resources


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


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