Bombardier Inc.
TSX : BBD.A
TSX : BBD.B

Bombardier Inc.

July 12, 2007 08:30 ET

Bombardier Announces Dividend Rate Applicable to its Series 3 Preferred Shares

MONTREAL, QUEBEC--(Marketwire - July 12, 2007) - As of August 1, 2007, the Series 3 Preferred Shares will pay, on a quarterly basis, as and when declared by the Board of Directors of Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B), cash dividends for the following five years that will be based on a fixed rate equal to the product of (a) the average of the yield to maturity, designated on July 11, 2007 by CIBC World Markets Inc. and National Bank Financial, that would be carried by a Government of Canada bond with a 5-year maturity, multiplied by (b) 115%.

The average yield of this Government of Canada bond is 4.580%. Accordingly, the annual dividend rate applicable to the Series 3 Preferred Shares for the period of five years beginning on August 1, 2007 will be 5.267%.

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.

Contact Information

  • Bombardier Inc.
    Isabelle Rondeau
    Director, Communications
    514-861-9481
    or
    Bombardier Inc.
    Shirley Chenier
    Senior Director, Investor Relations
    514-861-9481
    www.bombardier.com