Wabtec Receives Orders Worth About $75 Million for Components for NYCT R-160 Subway...

Wabtec Receives Orders Worth About $75 Million for Components for NYCT R-160
Subway Cars

WILMERDING, Pa., March 24 /PRNewswire-FirstCall/ -- Wabtec Corporation (NYSE:
WAB) today announced that it has received additional option orders worth about
$75 million to supply components for New York City subway cars being purchased
under the Metropolitan Transit Authority's R-160 program. The orders
represent components for the second option order of 382 cars, which are to be
delivered over the next two years.

Under the R-160 program, New York City has now ordered 1,662 cars, which are
being built by ALSTOM Transportation and Kawasaki. Wabtec has been supplying
components for the previous cars and will now provide the same components for
the 382 option cars, as follows: Wabtec Passenger Transit (brakes, couplers
and current collectors), Vapor Stone (door operators and related equipment),
Milufab (door panels) and Wabtec Railway Electronics (event recorders).

"This order provides a continuing, solid base of business for our Transit
Group," said Albert J. Neupaver, Wabtec's president and chief executive
officer. "Across North America and around the world, it's clear that
investment in public transportation is a priority, and we expect to continue
to benefit from that trend."

Wabtec Corporation is a global provider of value-added, technology-based
products and services for the rail and transit industry. Through its
subsidiaries, the company manufactures a range of products for locomotives,
freight cars and passenger transit vehicles. The company also builds new
switcher and commuter locomotives, and provides aftermarket services. The
company has facilities located throughout the world.

SOURCE Wabtec Corporation

Tim Wesley of Wabtec Corporation, +1-412-825-1543, twesley@wabtec.com