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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: csm who wrote (630)	8/26/1999 2:31:00 PM
From: Jay Anderson	Respond to of 1177

Bombardier Will Deliver Double-Deck Trains to Israel MONTREAL, QUEBEC--Bombardier Transportation was awarded a contract on the delivery of four 4-double-deck-car trainsets (consisting of one driving coach and three centre coaches) from the Ports and Railways Authority-Israel Railways (Tel Aviv). The contract is valued at approx. (Cdn) $ 48 million (60 million DM). The contract also includes options for another eight 4-car trainsets in a first phase, as well as 18 trainsets in a second phase. This will be the first time that Bombardier Transportation will deliver rail vehicles to Israel. The vehicles will be manufactured by Bombardier Transportation in Gorlitz (Germany). They will be delivered in the second half of the year 2001. As a sub-supplier, the Israeli company Ramta will carry out parts of the interior finishing. The order is part of the development project "Railway 2000" by Israel Railways, enabling them to extend the services to their passengers in the Tel Aviv region. The concept of the vehicles to be delivered incorporates Bombardier Transportation's long-standing experience with double-deck rail cars, as a very large number of such vehicles have been supplied to Deutsche Bahn (the German Railways).The 4-car trainset configuration provides seats for 506 passengers. Bombardier Transportation, a world leader in the manufacturing of passenger rail cars, offers a full range of urban, suburban and intercity vehicles as well as complete rail transit systems worldwide. It also manufactures freight cars and provides operations and maintenance services. Bombardier Inc. is a Canadian corporation active in the fields of aerospace, rail transportation equipment, recreational products, financial services and services related to its products and core businesses. It operates plants in 12 countries in North America, Europe and Asia, and more than 90 percent of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended January 31, 1999 totalled (Cdn) $ 11.5 billion. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Bombardier Transportation Gilles Page Director, Public Affairs and Communications (514) 441-3007 transportation.bombardier.com