Zlecone: Bombardier Wins Breakthrough Contract by Mumbai Railway Vikas Corporation

BERLIN, GERMANY - (Marketwire - November 28, 2011) - Bombardier Transportation announced today it has won a groundbreaking contract for propulsion and control equipment in India from Mumbai Railway Vikas Corporation (MRVC). MRVC is a joint venture between the Ministry of Railways and the Government of Maharashtra.

The project, funded equally by the World Bank and the Government of India, is valued at approximately INR 11.2 billion (162 million euro, $214 million US). It involves design, manufacturing, delivery and testing of BOMBARDIER MITRAC propulsion and control equipment, as well as additional equipment including fans, compressors, passenger information systems and high voltage instruments. The order relates to a total of 72 commuter trains of 12 cars each. Deliveries of the equipment will start in the last quarter of 2012 with completion of deliveries in the third quarter of 2014.

The production will take place at Bombardier's plant in Maneja, India, supported by Bombardier's sites in Mannheim and Hennigsdorf, Germany. Bombardier's Propulsion and Controls Production and Development Centre at the Maneja site in Vadodara, Gujarat, was recently expanded and has been supplying Indian Railways for decades with converters and electronic devices for train control and communications.

Indian Railways controls more than 800 km of track on the rail network between Western and Central Railways. Every day it runs nearly 2,500 trains on time, safely accommodating approximately seven million passengers. Bombardier's highly reliable and energy efficient MITRAC propulsion and control equipment will support MRVC in regeneration and saving electrical energy, increasing passenger satisfaction and reducing operational costs.

"With this latest order, we continue to consolidate our position to provide support to the railway systems in India," said Benoit Cattin Martel, President and Managing Director, Bombardier Transportation, India. "It is a prestigious project and the largest for Bombardier's Propulsion and Controls business in India. Moving forward, our large manufacturing and engineering presence in India combined with our local experience, international expertise, other projects like Delhi Metro and eco-friendly technologies mean we are ideally placed to bring India to the world stage in rail transportation."

Per Allmer, President, Propulsion and Controls, Bombardier Transportation, said: "This order also confirms the unique position of Bombardier MITRAC Propulsion and Control systems in the Indian market, where we provide a complete chain of reliable and sustainable solutions for a full range of rail vehicles. It is an excellent endorsement of our growing relationship in India and encourages us to firmly pursue other projects in the country."

Bombardier MITRAC propulsion and control equipment provides sustainable mobility and reliable operation under environmental conditions unique to Mumbai, including high temperatures, humidity and heavy monsoons which can cause flooding on rail tracks. The completed sets of propulsion and electrical equipment for the 72 EMU trains will be delivered to Integral Coach Factory (ICF) in Chennai for installation and pre commissioning. Final commissioning will take place at the EMU shed in Mumbai.

Bombardier has built a strong presence in India, not only through its INR 2.3 billion investment in building its manufacturing facility at Savli, Gujarat, but also through its engineering centre in Hyderabad, Andhra Pradesh and its working relationships with local customers and partners like the Indian Railways and Delhi Metro Rail Corporation (DMRC). The company's team in India incorporates local and international rail transportation experts, a huge benefit to both Bombardier and the rail industry in India.

About Bombardier Transportation

Bombardier Transportation, a global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. Bombardier ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance. Bombardier Transportation is headquartered in Berlin, Germany and has a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial 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 January 31, 2011, were $17.7 billion, 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 http://www.bombardier.com or follow us on Twitter @Bombardier.

Note to Editors

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BOMBARDIER, MITRAC and ECO4 are trademarks of Bombardier Inc. or its subsidiaries.

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