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Kalmar wins significant straddle carrier order in the port of Antwerp

Press Release Published 07/05/2004

Kalmar has received an order for 29 straddle carriers from MSC Home Terminal in the port of Antwerp.

The order is for Kalmar’s EDRIVE® ESC straddle carrier launched last year, which has been praised in particular for its electrical drive system and environmental considerations. Fifteen of the straddle carriers are equipped with Kalmar’s unique 50-ton capacity extendable full twinlift spreaders, which allow two containers to be handled simultaneously.

The straddle carriers will be produced in Tampere, Finland and are due for delivery late this year and early 2005. Both parties have agreed not to publish the transaction value.

Last December, the same customer placed the largest order ever in Europe for ship-to-shore cranes, when it ordered ten units from Kalmar.

Sender:

KONE Corporation

Tapio Hakakari
Secretary to the Board of Directors

Minna Mars
Senior Vice President, Corporate Communications & IR

For further information, please contact:
Carl-Gustaf Bergström, President, Kone Cargotec, tel. +358 (0)204 55 11
Christer Granskog, President, Kalmar Industries, tel. +358 (0)400 620 471

KONE is a global service and engineering company that specializes in moving people and goods. It comprises two divisions: KONE Elevators & Escalators and Kone Cargotec. KONE Elevators & Escalators sells, manufactures, installs, maintains and modernizes elevators and escalators, and services automatic building doors. Kone Cargotec supplies products and services to facilitate moving and loading cargo. KONE's B shares are listed on the Helsinki Exchanges.

www.konecorp.com
www.kalmarind.com