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KONE Wins Major Order for Celebrity Cruises’ New Class of Ships

Press Release Published 14/08/2006

KONE has won the contract to design, supply and install all the elevators on Celebrity Cruises' three new passenger cruise ships. The ships, which belong to the new "Solstice Class" series, will be built by Meyer Werft GmbH in Germany.

KONE will supply the cruise ships with altogether 69 units including customized passenger elevators, service elevators and dumbwaiters. The ships will be delivered in October 2008, July 2009 and June 2010 respectively.

The new series of ships will provide cruise passengers with increased luxury and added space. The ships will be 315 meters long and over 36 meters wide, each accommodating 2,850 passengers. The new ships continue Celebrity's tradition of high design and innovativeness.

Celebrity Cruises is owned by Royal Caribbean Cruises Ltd., a global cruise vacation company. The new order strengthens the long-term customerships originating from the early 1990s with both Royal Caribbean and Meyer Werft.

Sender:

KONE Corporation

Heikki Leppänen
Senior Vice President,
Technology & R&D

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