KONE elevators chosen for the largest British cruise liner to date

Trade Press Release Published 02/28/2012

KONE, trade press release, February 28, 2012

KONE, a leading provider of elevators and escalators, recently signed a contract with the Italian shipbuilder Fincantieri to provide the People Flow® solutions onboard the latest ship ordered by Carnival Corporation for P&O Cruises. The vessel will be the largest cruise liner built specifically for the British market.

Expected to the be the flagship of P&O Cruises fleet, the new vessel will top the luxurious feeling onboard with an unprecedented range of entertainment and facilities. KONE will contribute to the overall experience onboard with 27 KONE MiniSpace® elevators, four freight elevators, as well as five stair lifts and one platform lift for passengers with impaired mobility.

"We are happy to continue our good collaboration with Fincantieri and Carnival. This is proof that KONE's innovative solutions for People Flow are well received by our customers and cruise passengers. Through this order, KONE consolidates its market leader position in the cruise ship segment," says John Hemgård, Head of Marine Business at KONE.

Planned to enter operation in early 2015, the new vessel with a volume of 141,000 gross tonnes will have a passenger capacity of 3,611, and 1,350 crew members.

For further information, please contact:
John Hemgård, Head of KONE Marine, tel. +358 20 475 2300, email: john.hemgard.@kone.com

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company'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. In 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com/marine

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