Schindler gaining ground in Middle East

Press Release

January 9, 2013

Schindler gaining ground in Middle East

Mobility Solutions provided for three major projects in the region

Ebikon, January 9, 2013. - Schindler raises its image in the Middle East
region with high-visibility contracts for its leading mobility solutions in
UAE and Qatar. "These three new major projects have significantly enhanced
Schindler's presence in the region," says Wassim Aboushaar, Managing Director,
Schindler Middle East. "We're pleased to see a growing number of important
clients take notice."

United Arab Emirates: Dubai Airport expansion

Schindler will support the planned Phase Three expansion of Dubai
International Airport's Concourse Four with 45 customized elevators, 43
escalators, six moving walks and its Lobby Vision® supervisory panel display.
Installation will begin in April 2013, with a completion date of September
2014.

Qatar: Doha Twin Towers

Schindler has been named the sole supplier of elevators for the Twin Towers
project, a mixed use development featuring a hotel and an office block located
in the Doha's West Bay district. Each tower will rise 46 floors high and sit
on a podium, with four basement levels dedicated to parking. The West Bay
development is one of the newest districts in Doha and is home to a number of
the tallest skyscrapers in the city. In addition to 32 elevators, Schindler
will supply Lobby Vision® and PORT destination dispatch to the project.
Installation is set to begin this month and will be complete in September
2013.

Qatar: Doha North Gate Mall and Office Buildings

Schindler will be the sole supplier of mobility solutions for the North Gate
Mall and Office Buildings, a mixed use development on one of Doha's most
strategically important arterial roadways, Al Shamal Road. Schindler will
supply 58 elevators, 44 escalators and two moving walks as part of the Phase
One construction. Installation will begin in January 2013, with a completion
date of May 2014.

About Schindler

Founded in Switzerland in 1874, the Schindler Group is a leading global
provider of elevators, escalators and related services. Schindler mobility
solutions move one billion people every day all over the world. Behind the
company's success are 44,000 employees in over 100 countries.

Generic Schindler pictures can be downloaded from our image gallery:

http://www.schindler.com/com/internet/en/media/media-downloads.html

For further information, please contact:

Dr. Barbara Schmidhauser, Chief Communications Officer

Tel. +41 41 445 30 60, barbara.schmidhauser@ch.schindler.com

Barbara Zäch, Head Investor Relations

Tel. +41 41 445 30 61, barbara.zaech@ch.schindler.com

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