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July 12, 2006

Siemens Awarded $28 Million Contract For JetBlue Airways’ Baggage Handling System With Integrated Security

ATLANTA — Siemens Energy & Automation’s Airport Logistics Division, today announced it was awarded a $28 million contract from Turner Construction to design and build a baggage handling and inline security system for JetBlue Airways’ new Terminal 5 at John F. Kennedy International Airport.

The Terminal 5 project is a $740 million project that will comprise a completely new, 635,000 square foot, 26-gate terminal with the capacity to serve 20 million passengers annually. The project, including the baggage handling system, is expected to be completed in the first quarter of 2009.

Siemens will provide more than 15,000 feet of conveyor for four ticket counter take-away conveyor systems, two curbside check-in conveyor systems, two oversize conveyor lines, cross-over conveyor equipment and six slope plate carousels. Additionally, Siemens will supply an in-line security system that can incorporate 10 Explosive Detection Systems (EDS).

"JetBlue chose Siemens because of their leading technology, financial strength and proven ability to perform on time and within budget,” said Richard Smyth, JetBlue Airways Vice-President of Redevelopment JFK. “Terminal 5 will be integral to JetBlue’s future at JFK. Strong relationships with business partners like Siemens will help us construct a new home that is state of the art, efficient and customer friendly.”

“Siemens Airport Logistics has a long and proven history of providing baggage handling systems at Kennedy Airport,” said Art Kostaras, Executive Vice-President, Airport Logistics Division, Siemens Energy & Automation, Inc. “This contract is a testament to Siemens past performance and dedication to providing our customers with world class technology and service.

”Kennedy Airport served nearly 41 million passengers in 2005 on over 349,000 international and domestic flights. JetBlue Airways was the airport’s highest-ranking domestic carrier, responsible for more than 44 percent of all domestic passengers flying in and out of Kennedy Airport. Overall, in 2005, JetBlue carried just under 15 million passengers, representing a 25 percent increase in passenger traffic from 2004.

About Siemens

Siemens Energy & Automation, Inc. is one of Siemens' operating companies in the U.S. Headquartered in the Atlanta suburb of Alpharetta, Ga., Siemens Energy & Automation manufactures and markets one of the world`s broadest ranges of electrical and electronic products, systems and services to industrial and construction market customers. Its technologies range from circuit protection and energy management systems to process control, industrial software and totally integrated automation solutions. The company also has expertise in systems integration, technical services and turnkey industrial systems. For more information: www.sea.siemens.com.

Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $96 billion in fiscal 2005. Founded nearly 160 years ago, the company is a leader in the areas of Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $18.8 billion and employs 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens` worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 460,000 people in 190 countries. For more information on Siemens in the United States: www.usa.siemens.com.

About JetBlue Airways

In the six years since its launch, JetBlue Airways has focused on creating a new airline category – an airline that offers value, service and style. Based out of New York City, the low-cost carrier currently serves 40 destinations with more than 440 flights daily. Onboard JetBlue, customers enjoy roomy leather seats and 36 channels of free DIRECTV® programming*, the most live TV available on any airline. On flights longer than two hours, a selection of first-run movies and bonus features from FOX InFlight™ is also available. JetBlue offers customers generous brand name snacks and beverages, including freshly brewed Dunkin` Donuts coffee, and delicious wines selected by the airline`s Low Fare Sommelier, Josh Wesson from Best Cellars. On overnight flights from the West, the airline now offers Shut-Eye Service, with a Shut-Eye Kit™ designed exclusively for JetBlue by Bliss Spa and other special amenities including a “good morning” hot towel service. With JetBlue, all seats are assigned, all travel is ticketless, all fares are one-way, and an overnight stay is never required. For information or reservations call 1-800-JETBLUE (1-800-538-2583) or visit www.jetblue.com

.* DIRECTV® service is not available on flights outside the continental United States; however, where applicable FOX InFlight is offered complimentary on these routes. FOX InFlight is a trademark of Twentieth Century Fox Film Corporation. JetBlue`s in-flight entertainment is powered by LiveTV, a wholly owned subsidiary of JetBlue.

About Turner Construction

Turner Construction operates with 5,000 employees nationwide in 46 offices throughout the U.S and overseas in six countries. With annual volume of $7+ billion, they are engaged in many types of construction projects including office buildings, hospitals, educational, transportation facilities, sports facilities and industrial buildings.