Bombardier Transportation
TSX : BBD.A
TSX : BBD.B

Bombardier Transportation

July 17, 2008 06:00 ET

Bombardier to Start Maintenance Operations on 45 New High Speed Trains in Spain

Project Helps to Consolidate Bombardier's Leadership Position in High Speed Rail in Spain

BERLIN, GERMANY--(Marketwire - July 17, 2008) - Bombardier Transportation, in consortium with Talgo, has been awarded a 14-year contract with RENFE, the Spanish National Rail Operator for the maintenance of 45 AVE S-130 high speed trains. Maintenance activities will be carried out until 2022 at RENFE's depots in Santa Catalina and Fuencarral, both in Madrid. Bombardier Transportation's share in this contract is valued at approximately 128 million euros ($202 million US).

The AVE S-130 trains are designed to reach a maximum speed of 250 km/h and are equipped with top-technology systems such as a dual-voltage propulsion system, a highly advanced on-board signaling system and variable-gauge bogies. This enables RENFE to use these trains on Spain's new high speed lines, which are 1,435-millimeter gauge, 25kV power supply; as well as on the country's conventional network, which is 1,668-millimeter gauge, 3kV power supply. Also, the new trains and the power-heads will be able to operate in four different signaling environments: European Train Control System (ETCS), train control system LZB, BOMBARDIER EBICAB 900 and the Spanish train protection system ASFA.

This maintenance contract will help to consolidate Bombardier's leadership position in the comprehensive high speed rail program being implemented in Spain, one of the most advanced in the world.

Note to Editors:

A photo is available at: http://www2.bombardier.com/rfts/files/Photos/AVE.zip

About Bombardier Transportation in Spain

Today, Bombardier is a key player in Spain's rail industry, employing over 500 people at its sites in Trápaga, Alcobendas, Madrid and Barcelona, and participates in some of the country's main rail projects. The AVE S-102 and the AVE S-130 high-speed trains and the Madrid Barajas airport people mover are two such projects.

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 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 Jan. 31, 2008, were $17.5 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.

BOMBARDIER and EBICAB are trademarks of Bombardier Inc. or its subsidiaries.

AVE is a trademark of the Spanish National Rail Operator RENFE.

Contact Information