Bombardier Transportation Wins Contracts From Railpool to Supply 58 BOMBARDIER TRAXX Locomotives

Mon Sep 22, 2008 9:46am EDT

* Reuters is not responsible for the content in this press release.

  BERLIN, GERMANY, Sep 22 (MARKET WIRE) -- 
Bombardier Transportation has won orders for the supply of 58 BOMBARDIER
TRAXX locomotives from the leasing company Railpool. The two contracts
overall amount to approximately 192 million euros (276 million US
dollars). The agreement includes an option for a further 80 locomotives.

    The delivery of the first locomotives is planned for August 2009.

    Christoph Katzensteiner, Managing Director of Railpool, said: "Bombardier
is a partner with which we can get fast access to the European leasing
market. In addition, the TRAXX locomotive platform offers the kind of
modularity we need to meet the requirements of our customers."

    Ake Wennberg, President of the Locomotives and Equipment Division of
Bombardier Transportation, said: "Railpool is a new leasing company. We
are proud that it is taking its first steps in the market with us. This
success is an achievement for TRAXX, which leads the market in electric
locomotives which are used all over Europe. The TRAXX locomotive platform
offers the perfect conditions for a successful leasing business with low
residual value risk."

    The TRAXX product family is designed for the transport of goods as well
as passengers on national and international routes. It is suitable for
all networks. Since its introduction, more than 1,300 TRAXX locomotives
have already been sold. The platform consists of three electric variants
(multi-system, alternating and direct current locomotives) and a
diesel-electric design. All TRAXX locomotives are characterised by their
modular design as well as their innovative BOMBARDIER MITRAC propulsion
and controls system, which is already in use in over 3,200 locomotives
worldwide.

    The final assembly of the locomotives for Railpool will take place in
Kassel, Germany. The car bodies will be produced at Bombardier's site in
Wroclaw, Poland and the bogies are to be supplied by Bombardier's site in
Siegen, Germany. The propulsion and controls technology and the
propulsion equipment will come from the German production sites in
Hennigsdorf and Mannheim.

    Note to Editors:

    A photo is available on our web site at:
http://www.transportation.bombardier.com

    About Railpool:

    Railpool is an asset manager in rail traffic, which was founded in July
2008 as a joint venture of HSH Nordbank and the KfW-IPEX Bank GmbH. The
company is located in Munich, Germany. For further information refer to:
www.railpool.eu

    About Bombardier Transportation

    Bombardier Transportation has its registered head office in Berlin
(Germany) and is represented in over 60 countries. Over 100,000 rail cars
from Bombardier are in service around the world. As a global market
leader in rail transport technology, Bombardier Transportation can offer
the most comprehensive product portfolio.

    About Bombardier

    Bombardier Inc. is one of the world's leading suppliers of innovative
transport solutions, from regional aircraft and business jets to rail
transport technology. The international group has its headquarters in
Canada. Its revenues for the fiscal year (ended 31. January 2008) reached
a total turnover of 17.5 billion US dollars. Bombardier shares are listed
on the Toronto Stock Exchange (BBD). Moreover, Bombardier is listed in
the Dow Jones Sustainability Index globally and also for North America.
News and information are available at www.bombardier.com.

    BOMBARDIER, TRAXX and MITRAC are trademarks of Bombardier Inc. or its
subsidiaries.

    www.theclimateisrightfortrains.com

Contacts:
Americas
David Slack
+1 450 441 3190
david.slack@ca.transport.bombardier.com

Germany, Austria, Central and Eastern Europe
Heiner Spannuth
+49 30 986 07 1134
heiner.spannuth@de.transport.bombardier.com

Switzerland
Fiona Flannery
+41 44 318 29 91
fiona.flannery@ch.transport.bombardier.com

Nordic Countries
Jonny Hedberg
+ 46 8 681 5062
jonny.hedberg@se.transport.bombardier.com

Russia
Alexander Bocharov
+ 7 495 775 1830
alexander.bocharov@ru.transport.bombardier.com

UK, Ireland, Australia, New Zealand, other countries
Neil Harvey
+ 44 1332 266470
neil.harvey@uk.transport.bombardier.com

Benelux
Guy Hendrix
+32 2289 7341
guy.hendrix@be.transport.bombardier.com

France
Anne Froger
+33 6 07 78 95 38
anne.froger@fr.transport.bombardier.com

Spain, Portugal, Italy, Greece, Turkey, India
Luis Ramos
+35 1 919 693 728
luis.ramos@pt.transport.bombardier.com

Copyright 2008, Market Wire, All rights reserved.

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