To: Gilbert Drapeau who wrote (1122 ) 9/17/2003 5:15:36 PM From: Gilbert Drapeau Read Replies (1) | Respond to of 1177 Bombardier Selected to Supply Trams to Brussels MONTREAL, QUEBEC--SEPTEMBER 17, 2003 - 10:58 ET Bombardier Transportation welcomes the notice given by the Board of Directors of the Brussels transport authority (STIB) to award Bombardier an order for 46 bidirectional Bombardier(i) FLEXITY(i) Outlook trams. The contract, which will be officially signed in about three weeks, includes the overhaul of the vehicles' bogies and propulsion equipment for a period of 15 years. The total value of the contract is approximately $191 million Cdn (125 million Euros), including $162 million Cdn (106 million Euros) for the vehicles and $29 million Cdn (19 million Euros) for the overhaul services. The delivery of the 100% low-floor trams is expected to take place between June 2005 and February 2007. "STIB's decision reflects once more its confidence in Bombardier's products and services," commented Walter Grawenhoff, President, Light Rail Vehicles, Bombardier Transportation, on the announcement. "Since the 1950s, we have worked together closely on various tram and metro cars projects. The new FLEXITY Outlook vehicles will undoubtedly add to the impressive reputation that STIB has already gained." Production of the vehicles will be undertaken by Bombardier mainly at its facility in Bruges, Belgium; the bogies will be produced at its Siegen site and the propulsion, at its Mannheim facility, both in Germany. This order brings to 290 the number of FLEXITY Outlook vehicles purchased since 1999. Similar vehicles are in successful revenue service in the cities of Linz (Austria) and Lodz (Poland) and have recently been ordered by the cities of Eskisehir (Turkey) and Geneva (Switzerland). Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and total transit systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control solutions. Bombardier Inc., a diversified manufacturing and services company, is a world-leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 75,000 people and manufacturing facilities in 25 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2003 stood at $23.7 billion Cdn. Bombardier shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F). (i) Trademark(s) of Bombardier Inc. or its subsidiaries NOTE TO EDITORS: A photo is available on our Website at the following address: www.transportation.bombardier.com/photography.jsp