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									ThyssenKrupp Elevator

Americas Business Unit

For Release June 27, 2006

Frisco, Texas

ThyssenKrupp Elevator Impacts Changing Dallas Skyline One Floor at a Time

Company’s vertical transportation solutions ensure passenger comfort, safety and energy
efficiency for premier downtown/uptown projects

FRISCO, Texas – June 27, 2006 – ThyssenKrupp Elevator, the elevator division of ThyssenKrupp
AG and the largest producer of elevators in North America, announced several significant high
rise vertical transportation projects that are changing the Dallas skyline in the downtown and
uptown areas. The company is involved in numerous modernization and new installations, most
notably the W Dallas Victory Hotel and South Condo Tower, One Arts Plaza and the AZURE. These
projects have a total value of nearly $10 million.

“Given our significant presence in north Texas, we are thrilled to be a part of further developing
the Dallas skyline,” said Stuart Prior, executive vice president of Americas Business Unit for
ThyssenKrupp Elevator. “These high profile projects are part of ongoing efforts to revitalize
downtown Dallas and we are playing a key role in providing the latest technologies for elevators,
escalators and moving walks.”

TAC-50 Digital Controller
Each of these projects will utilize ThyssenKrupp Elevator’s TAC-50 digital control system for
geared and gearless elevators. Providing the required performance with energy efficiency, the
TAC-50 system uses input from an ultra-sensitive load weighing system to determine the
percentage of available car capacity. The system takes into consideration a multitude of other
variables to dispatch cars for maximum performance and minimal wait time.

W Dallas Victory Hotel and South Condo Tower

ThyssenKrupp Elevator Corporation
2591 Dallas Pkwy., Suite 600
Frisco, TX 75034
Telephone: 972-987-3500
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June 13, 2006

Currently wrapping up construction across from the $420 million American Airlines Center is the
first W Hotel in Texas and the first W Residences project scheduled for completion in the United
States. ThyssenKrupp Elevator is installing 11 elevators in both buildings, five gearless and six
geared, using its TAC-50 controls scheduled to be completed in June.

This project encompasses two towers rising from a single base with ground-floor retail. Features
include 252 hotel rooms in the 33-story hotel tower, 140 condominium units, a two-story living
room lobby, signature restaurant, an outpost of Las Vegas' renowned Ghostbar nightclub, a
5,000-square-foot Bliss spa and a 16th floor infinity pool and fitness facility overlooking Dallas.
The general contractor for this project is McCarthy Building Companies, Inc.

One Arts Plaza
Designed by award-winning architect Lionel Morrison, this 24-story building will offer retail,
dining and office space in addition to 70 modernist condominium residences on floors 18-24. At
the base of the building, surrounding a 30,000-square-foot plaza with fountains will be two
levels of retail, dining and shopping. 7-Eleven, Inc. will be the anchor office tenant, relocating
their international headquarters.

ThyssenKrupp is installing nine gearless elevators ranging from 8 to 24 landings utilizing the
TAC-50 control system. The installation is scheduled to be completed in early 2007.

Located on an axis with Flora Street, the Arts District's main artery, it will be steps away from
designs by four Pritzker prize-winning architects: I.M. Pei's Morton H. Meyerson Symphony
Center, Renzo Piano's Nasher Sculpture Center, Sir Norman Foster's Margot and Bill Winspear
Opera House, and Rem Koolhaas' Dee and Charles Wyly Theatre. One Arts Plaza is being
developed by Lucy Billingsley.
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June 13, 2006

Unique features include the combination of high-end office, residential, and retail in a single
building, panoramic views of the city, 24-hour security, valet parking, a rooftop pool and on site
resident services. Eight of the residences are two-story penthouses. The general contractor for
this project is Centex Construction.

This high-end, 31-story residential tower is located in the prestigious uptown Dallas area and will
offer architectural elegance and resort-style living in a cosmopolitan merging of European form
and function united with America’s open-plan style and natural aesthetic. It will boast a strong
façade of stone with metal detailing and sheathed in glass.

ThyssenKrupp Elevator is installing four 34-landing elevators, three gearless and one geared with
TAC-50 controls and the installation is scheduled to be completed in 2007. The developer for
this project is Harwood International and the general contractor is Centex Construction.

About ThyssenKrupp Elevator
ThyssenKrupp Elevator, Americas Business Unit, is the largest producer of elevators in North
America. It is also the market leader in manufacturing, installing, modernizing and maintaining
elevators for all types of buildings in the Americas region with 12,000 employees, more than
200 branch and service locations, and sales of approximately 1.8 billion US$.

ThyssenKrupp Elevator, Americas Business Unit, oversees all business for the operations in the
USA, Canada, Central and South America. It is part of the ThyssenKrupp Elevator AG,
headquartered in Germany, the world’s third largest elevator company with around 34,000
employees at over 800 locations in more than 60 countries.

ThyssenKrupp Elevator worldwide generated sales of around 4.8 billion US$ in the fiscal year
2004/2005 (ending September 30). Products include passenger and freight elevators,
escalators and moving walks, stair and platform lifts, passenger boarding bridges as well as
high-quality service and support for all products.

ThyssenKrupp Elevator is one of the six business segments of ThyssenKrupp, a global
conglomerate with business activities focused on the areas of Steel, Capital Goods and Services.
The conglomerate has some 184,000 employees in more than 70 countries.
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June 13, 2006


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