Bombardier to Refurbish 30 Two-Car Configuration of the SGM II Vehicles for NS Reizigers

BERLIN -- (MARKET WIRE) -- April 18, 2007 -- Bombardier Transportation has been commissioned by Nederlandse Spoorwegen Reizigers, a subsidiary of the Dutch railway company Nederlandse Spoorwegen (NS), to refurbish 30 two-car units of the SGM II vehicles. The contract represents a value of approximately 40 million euros ($54 million US) and covers an upgrade of both the technical and design elements of the vehicles, originally built between 1974 and 1979 by the Bombardier plant in Aachen (Germany). The refurbishment will be carried out in the Bombardier workshop in Randers, Denmark, between April 2007 and 2009. It consists of modernizing the electrical parts, complete renewal of the interior (including the floors), compressors and static converters, as well as installation of choppers and re-painting. The refurbishment operations will ensure these vehicles meet the technical compliance requirements for the SGM III, which were also rebuilt by Bombardier. Bombardier has been selected by the Dutch Railways because of the passenger satisfaction and ridership on SGM III, the SGM III fleet availability and interoperability with SGM II, as well as the SGM III vehicle reliability and the parts supply agreement on both fleets. Rik Dobbelaere, President Bombardier Transportation Services comments: "This contract is a sign of confidence in the team who won the contract following the excellent job they recently delivered for NS on their type SGM III vehicles. The superior technical skills of our Randers team in Denmark, along with competitive pricing and production planning convinced NS that Bombardier offered the best solution." Jacques Huberts, CEO NS Reizigers: "The refurbished SGM III Sprinters are highly appreciated by NS and our passengers. We are glad that from 2008 we will be able to offer our customers more Sprinters of the same comfort level." Note to editors: Useful company background facts and contact details follow. Background facts and figures 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). News and information are available at www.bombardier.com. About NS NS (Nederlandse Spoorwegen) plays an important part in mobility in The Netherlands. The company's objective is to carry passengers safely, punctually and comfortably via attractive stations. NS is the largest passenger carrier on the rail network in The Netherlands. It operates some 4500 train journeys a day in The Netherlands, carrying 1.1 million passengers. 2900 coaches with 250,000 seats are available to accomplish this task. NS manages 378 train stations in The Netherlands. NS operates two transport concessions in the United Kingdom jointly with its partner Serco: Mersey Rail in the Liverpool area and Northern Rail in the north of England. Services are provided to customers by nearly 25,000 NS employees. www.ns.nl Contacts: Germany, Austria Birgit Stallmann + 49 30 986 07 1136 Switzerland Fiona Flannery +41 44 318 29 91 Central and Eastern Europe, Russia Natalia Kourakina-Lattner + 49 30 986 07 1137 UK, Ireland, Nordic Countries, Australia, New Zealand, other countries Neil Harvey + 44 1332 2664703 Benelux Anne Froger + 33 6 07 78 95 38 France Jean-Pierre Hulot +33 1 41 34 08 45 Spain, Portugal, Italy, Greece, Turkey, India Luis Ramos + 35 1 919 693 728 Press officer NS John Krijgsman +31 30 2357070