Hyundai Orders Steam Turbine Generators

Tokyo, January 7, 2010 — Kawasaki Heavy Industries, Ltd. announced today that it has received an order for two steam turbine generators with rated outputs of 24.2 MW from Hyundai Engineering & Construction Co., Ltd in Korea. The steam turbine generators are scheduled to be delivered to Hyundai's Yeosu Cogeneration Plant in 2011.

The steam turbines will be used in a cogeneration plant to be constructed by Hyundai Engineering & Construction in the Yeosu National Industrial Complex. The cogeneration plant will supply electricity and steam. Steam generated from the cogeneration plant's coal-fired boiler will be used as process steam for the industrial complex and electricity generated via the steam turbine will be sold to KPX (Korea Power Exchange).

Since the launch of its first industrial steam turbine in 1956, Kawasaki has supplied over 330 steam turbine units including 34 units shipped to Korea. This latest order is a testament to Kawasaki's outstanding reliability, driven by the superior performance and lifecycle cost of Kawasaki steam turbines, excellent post-sale services and support as well as a proven track record.

Kawasaki is continuing to expand sales of its highly efficient power generation systems boasting a smaller environmental impact as it moves forward to bring its energy and environmental business to new heights.