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Hitt og þetta 15. september 2006

KONE Delivers Elevators to World's Largest Passenger Cruise Ship

KONE Corporation, Press Release, 15 September, 2006 at 12.15 p.m. Finnish time

KONE has signed a contract with Aker Yards for the design, supply and installation of all the elevators on a 220,000 GRT mega-cruiser. The new ship type has been developed under the project name "Genesis" for Royal Caribbean International (RCL).

KONE will supply the giant cruise ship with a total of 41 customized elevators serving the vertical transportation needs of both passengers and crew. The elevators will be hoisted by KONE EcoDisc® machinery and based on either the KONE MiniSpace(TM) or the machine-room-less KONE MonoSpace® platform. Delivery of the elevators is scheduled for autumn 2009.

When delivered in 2009, the "Genesis" will be the biggest cruise ship ever built, providing passengers with increased luxury and added space. The ship will be 360 meters long, 47 meters wide and 65 meters high above the waterline, and it will accommodate 5,400 passengers.

In addition to Freedom of the Seas - which was delivered in May 2006 - two more Freedom class cruise ships are under construction at Aker Yards for RCL, and these will also be equipped with KONE elevators. These ships will be delivered in 2007 and 2008.

RCL belongs to Royal Caribbean Cruises Ltd, a global cruise vacation company known for its focus on design, quality and innovation. This latest order strengthens KONE's long-term collaboration originating from the early 1990s with both Royal Caribbean and Aker Yards.

Sender:

KONE Corporation

Heikki Leppänen Executive Vice President, New Elevators and Escalators

Minna Mars Senior Vice President, Corporate Communications & IR

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

KONE is one of the world's leading elevator and escalator companies. It provides its customers with industry-leading elevators and escalators and innovative solutions for their maintenance and modernization. KONE also provides maintenance of automatic building doors. In 2005, KONE had annual net sales of EUR 3.2 billion and about 27,000 employees. Its class B shares are listed on the Helsinki Stock Exchange.

www.kone.com

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