Bombardier Receives Option From Delhi Metro Rail Corporation for 84 Metro Cars With a Value of 87 MEUR

Market Wire, March, 2008

Bombardier Transportation announced today that it has received an order for an additional 84 MOVIA metro cars from the Delhi Metro Rail Corporation Ltd (DMRC). The contract is valued at approximately 87 million euros ($ 137 million US). This latest order follows on from a contract awarded in July 2007 to supply 340 MOVIA metro cars, making a total of 424 metro cars ordered. As stated in the contract, DMRC has requested a change to the configuration of the trainsets and the revised scope will be 37 four-car trainsets and 46 six-car trainsets. Deliveries of the latest order are scheduled to begin upon completion of the original deliveries.

In the phase II expansion of Delhi Metro, the modern BOMBARDIER MOVIA high-capacity vehicles will transport an impressive 4 million passengers every day, reducing their journey time and alleviating the heavy traffic congestion and pollution prevalent in the city. The phase II expansion extends the existing network by approximately 60 kilometers covering all major destinations in the East-West and North-South corridors of the city, which is occupied by around 16 million inhabitants.

The new vehicles will be produced at Savli in South Gujarat, where Bombardier is setting up a facility for manufacturing and assembly of the coaches and bogies.

The MOVIA metro vehicles integrate the world's most advanced technologies in metro vehicle manufacture, such as stainless steel car bodies and the reliable BOMBARDIER MITRAC propulsion and control system featuring IP technology. The MOVIA metros are developed from a standardized platform, which ensures a high degree of reliability, safety and maintainability while providing low life-cycle cost. This contract envisages a design approach that enables a high degree of localization and easy transfer of technology processes. This modern vehicle is a mass transit vehicle designed to meet the requirement for a rapid, efficient and cost-effective high performance metro. Original, stylish and fully accessible, the MOVIA metro offers values and services that are second to none.

Rajeev Jyoti, Managing Director, Bombardier Transportation India, said: "We are delighted to receive this additional option contract to supply MOVIA vehicles in New Delhi. It is an excellent endorsement of our growing relationship in India, which is going from strength to strength, with the opening of a new production facility at Savli, accompanied by a large local recruitment programme. We intend to deliver our high performance MOVIA vehicles on time and with quality, meriting the trust that the public authorities in India have placed in us."

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Background facts and figures

Bombardier Metro vehicles

Bombardier is the number one supplier of metro vehicles worldwide. More than 1,400 BOMBARDIER MOVIA metro cars have already been ordered from the company to date. Bombardier metros are vital elements for mobility in cities like New York, Montreal, Toronto, Paris, London, Berlin, Bucharest, Stockholm, Shanghai, Shenzhen, Guangzhou and many others.

In Asia, Bombardier metro cars are in service with operators in Shanghai, Guangzhou, Shenzhen and Hong Kong. In Shanghai, Bombardier has participated in the supply of 16 metro trains (96 cars) for Line 1 and 37 trains (222 cars) for Line 2 of the city's metro system. In June 2006, Bombardier celebrated the delivery of its 1,000th metro car to customers in Guangzhou Province.

Bombardier Transportation in India

Bombardier Transportation has been present in India for over 35 years. It has supplied Indian Railways with technologically advanced rail products, such as the WAP5 and WAG9 electric locomotives for passenger and freight applications and the Mumbai Traffic Management System. This system controls the 60-km rail stretch around Mumbai - one of the world's heaviest rail commuter traffics - on which the Western Railways run on time and with safety an impressive number of 1,000 trains everyday.

Bombardier Transportation is steadily ramping up its presence in India. Vadodara, Gujarat is home to its propulsion systems manufacturing facility and software development center for signalling and traction applications in India and for other Bombardier Transportation projects around the globe. The site is ISO 9001, ISO 14001 and OHSAS 18001 certified. In Hyderabad, Andhra Pradesh, Infotech Enterprises operates one of the most important engineering centers already sourcing key global projects for Bombardier Transportation.

About Bombardier Transportation

Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com .