Bombardier Wins Major Signalling Contract for Modernisation of East-West Rail Corridor in Latvia

Further Endorsement of Bombardier's Market-Leading Position in the Baltic Region BERLIN, GERMANY--(Marketwire - November 30, 2007) - Bombardier Transportation announced today that it has received a contract for the modernisation of the signalling system on the major East-West Rail Corridor in Latvia. The turnkey contract was awarded by LDZ, Latvian Railways, to a consortium led by Bombardier, together with telecommunications provider, Belam. The total contract value is approximately 41 million euros ($ 65 million US), of which Bombardier's share is approximately 12 million euros ($ 18 million US). It includes the design, manufacture, supply, installation, testing and commissioning of the BOMBARDIER(i) INTERFLO(i) 200 signalling system on the east-west routes from Krustpils to Rezneke, and from Krustpils to Daugavpils and the Daugavpils junction area. For Latvian Railways, this contract, encompassing a strategic East-West rail route of approximately 200 kilometres and 20 stations, represents a significant step forward in modernisation plans for main line rail travel across the country. In addition to signalling systems, and all telecommunications and power equipment for the line, the project also includes installation of traffic control centres in Jelgava and Daugavpils. The BOMBARDIER INTERFLO 200 system is a complete signalling solution designed specifically for high density main lines, with BOMBARDIER(i) EBI(i) Lock computer-based interlocking (CBI) systems to control and supervise signals, point machines and level crossings. The systems will be produced by Bombardier's sites in Sweden, Finland, Poland and Russia and are scheduled to enter commercial operation in late 2010. Anders Lindberg, President of Bombardier Transportation's Rail Control Solutions, said: "I am proud that Bombardier continues to play such a positive role in the modernisation of Latvia's major railway routes. This contract is further proof of the excellent reputation Bombardier has earned in a region where more than 100 stations, including the principal station at Riga, have Bombardier solutions." Per Allmer, Rail Control Solutions Regional Head for Nordic Countries and Baltics, added: "This is an excellent further endorsement of our participation in the Baltic region, where we have systems already in operation in Latvia, Lithuania and Russia, and also currently being delivered to Uzbekistan, fully adapted to local signalling requirements. We have consistently been involved in the modernisation of the railways in the Baltics, since the introduction of the first modern signalling system in the region and are delighted to be part of this landmark project in Latvia." Bombardier Transportation's Rail Control Solutions portfolio covers the whole range of BOMBARDIER(i) CITYFLO(i) mass transit solutions, from manual to fully automatic systems as well as communication-based systems. It also provides BOMBARDIER INTERFLO mainline solutions, from conventional systems to ERTMS level 2 systems. Bombardier solutions encompass a complete palette of wayside and onboard products. 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). 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. (i) BOMBARDIER, INTERFLO, CITYFLO and EBI are trademarks of Bombardier Inc. or its subsidiaries. Contacts: Americas David Slack + 1 450 441 3190 Germany, Austria, Central and Eastern Europe Jurgen Kornmann + 49 30 986 07 1138 Switzerland Fiona Flannery +41 44 318 29 91 Baltics Johan Oldhoff + 46 8 6815406 Nordic Countries Jonny Hedberg + 46 8 681 5062 Russia Alexander Bocharov + 7 495 775 1830 UK, Ireland, Australia, New Zealand, other countries Neil Harvey + 44 1332 266470 Benelux and France Anne Froger + 33 6 07 78 95 38 Spain, Portugal, Italy, Greece, Turkey, India Luis Ramos + 35 1 919 693 728