Invensys Rail Group: Pounds Sterling 100m Contract for Dimetronic Signals

Market Wire, July, 2008

A consortium of Dimetronic Signals, part of the Invensys Rail Group, and Thales has been awarded the contract for the Madrid-Valencia high speed line signalling and communications works by ADIF (the Spanish railway administrator). The scope of the contract includes the signalling system with electronic interlockings, track circuits, ERTMS Level 1 & 2 train protection system and the traffic control centre. It also includes the fixed telecommunications, auxiliary detectors, power supply, building construction and maintenance support for three years.

Dimetronic will lead the consortium and will be directly responsible for the supply, installation, testing and commissioning of the ERTMS Level 1& 2 train protection system and the traffic control centre as well as a share of the maintenance activities.

Dimetronic's share of the contract is EUR 126 million (Pounds Sterling 100 million at current exchange rates) for the core signalling as well as a share (approximately Pounds Sterling 15 million) of the maintenance work when this new high speed line becomes operational.

The Invensys Rail Group

The Invensys Rail Group is a global leader in the design, manufacture, supply, installation, testing and commissioning of safety-related rail signalling and control systems and other rail signalling products for mainline, metro and freight railways.

Contacts: Ballard Communications Management Stephen Ballard +44 (0)1306 882288 Email: s.ballard@ballard.co.uk Ballard Communications Management Michelle O'Connor +44 (0)1306 882288 Email: m.oconnor@ballard.co.uk Invensys Rail Stephen Holt +44 (0) 1249 441049 Email: stephen.holt@invensysrail.com Website: www.invensysrail.com