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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things

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To: Gilbert Drapeau who wrote (1167)6/10/2004 10:22:30 AM
From: Gilbert Drapeau   of 1177
 
Bombardier Will Deliver Additional Double-Deck Cars to
Israel Railways

MONTREAL, QUEBEC--(CCNMatthews - Jun 10, 2004) - Bombardier
Transportation will deliver 54 additional double-deck cars to
Israel Railways. The order, which is valued at some 78 million
Euros (94 million USD), represents the exercise of an option for
23 cars included in the initial contract signed in 1999, and its
extension by 31 additional units. The new order brings to 147
the number of double-deck cars purchased by Israel Railways, 89
of which have already been delivered. The new cars are scheduled
to be delivered between December 2005 and mid-2006.

Olof Persson, President, Mainline and Metros, Bombardier
Transportation, stated: "This order testifies to our excellent
relationship with Israel Railways. The fact that our customer
more than doubled the number of vehicles that they had originally
planned to purchase clearly shows their trust and appreciation in
our trains. I am proud that our state-of-the-art double-deck
vehicles will contribute to further extend a safe and highly
comfortable rail transport in Israel."

The new 47 intermediary coaches and seven cab cars will be mainly
manufactured at Bombardier's facility in Gorlitz, Germany. Some
of the final assembly, including the installation of the heating,
ventilation and air conditioning systems as well as the seats,
will be carried out locally by Israel Aviation Industry.

In view of the very hot Israeli summers, the new double-deck cars
will feature powerful air conditioning systems. Furthermore, 29
of the cars will be equipped with special ramps and large and
easily accessible lavatories in order to meet the needs of
passengers in wheelchairs.

These double-deck cars, which are derived from the most
successful new generation of double-deck coaches in the world,
have gained recognition from operators and travelers alike. More
than 1,500 units have already proven their operational
reliability with a number of operators such as the German State
Railways (DB), the Danish State Railways, and Israel Railways.
Similar cars are also on order from the Luxembourg Railways.

About Bombardier

A world-leading manufacturer of innovative transportation
solutions, from regional aircraft and business jets to rail
transportation equipment, Bombardier Inc. is a global corporation
headquartered in Canada. Its revenues for the fiscal year ended
Jan. 31, 2004 were $15.5 billion US and its shares are traded on
the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and
BBDd.F). News and information are available at
www.bombardier.com.

NOTE TO EDITORS: A photo is available on our Website at the
following address:
transportation.bombardier.com
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