KONE Oyj - Changes board/management/auditors

Changes in the KONE Executive Board

KONE Corporation, stock exchange release, May 27, 2014 at 9.00 EET

Noud Veeger has been appointed Executive Vice President responsible for Central
and North Europe as of September 1, 2014. He will continue as a member of the
Executive Board and report to Henrik Ehrnrooth, President and CEO of KONE
Corporation.  Noud Veeger is currently responsible for KONE's business in Asia-
Pacific and the Middle East.

Noud Veeger will succeed Ari Lehtoranta, who has been appointed President and
CEO of Nokian Tyres plc as of September 1, 2014.

Neeraj Sharma, 53, has been appointed Executive Vice President, Asia-Pacific and
the Middle East as of September 1, 2014. He has been Managing Director for KONE
India since 2009, prior to which he served in various leadership roles at
General Electric. He will become a member of the Executive Board and report to
Henrik Ehrnrooth.

Anne Korkiakoski, Executive Vice President, Global Marketing and Communications
has decided to leave KONE as of August 1, 2014 to pursue other interests outside
the company.  The search for a replacement has been commenced.


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

Tuomas Kerttu
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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