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

Bombardier Transportation
Siemens

Siemens

September 21, 2007 06:00 ET

Bombardier Transportation and Its Consortium Partner Siemens Receive a 399 Million Euros Order From the Netherlands Railways NS for Additional Sprinter Trains

NS Brings Forward its Orders and Delivery Dates as First Trains are in Test Phase

BERLIN, GERMANY--(Marketwire - Sept. 21, 2007) - Bombardier Transportation, the leader of the Sprinter consortium with Siemens, announced today that their consortium has been awarded a contract by the Netherlands Railways (Nederlandse Spoorwegen - NS) to deliver, 32 four-car and 32 six-car electric multiple units (EMUs). The total amount of this order is valued at approximately 399 million euros ($557 million US). Bombardier's share of the project is about 162 million euros ($226 million US), while Siemens' share is about 237 million euros ($331 million US).

This order covers the first two options of the initial contract signed in 2005, which has a total of five options. In addition, it includes the delivery of a set of strategic spare parts. As the rate of vehicle production has been accelerated, this additional order will be delivered in 13 instead of 32 months, between October 2009 and November 2010.

Bombardier's manufacturing facilities in Aachen and Hennigsdorf, Germany, will produce the four-car trains. Siemens will carry out the major part of its production at its site in Krefeld-Uerdingen, Germany.

Stephane Rambaud-Measson, President, Mainline and Metros, Bombardier Transportation, commented: "As we work toward the delivery of the initial order, we are pleased that NS have already expressed their confidence in the overall performance of the Sprinter contract by exercising these options. Since early delivery is of major importance to NS, we will put in place production facilities that allow us to reduce our delivery times substantially. With the combined strengths of Bombardier and Siemens, we will have the capacity to meet the early delivery deadlines. The trains meet the high standards of NS in all respects: design, safety, passenger comfort and energy savings."

Martin van Pernis, Chairman of the Managing Board of Siemens Netherlands: "Winning the basic order from NS for 35 Sprinter trains in 2005 showed that NS has confidence in the concept of our Bombardier/Siemens Consortium for this transportation sector. This is confirmed once again by the follow-up order for another 64 Sprinter trains. The extra capacity this rolling stock brings will allow NS to accommodate the growing number of passengers."

Aad Veenman, President, NS stated: "Passenger traffic by train in the Netherlands is booming, as many motorists shift from road to rail. They experience NS as a reliable alternative to reach their destination and with the purchase of these new Sprinters, we're able to meet the increasing demand of our passsengers. I'm delighted that the trains will be delivered on such short notice."

The vehicles will extend the commuter service in the Western metropolitan area of the Netherlands and gradually replace NS's older rolling stock. The new trains are based on a proven Bombardier-Siemens commuter train design, adjusted to the specific requirements of NS and the Dutch railway system. The trains have a maximum speed of 160 km/h and meet passenger's expectations in terms of attractive design, riding comfort, passenger information systems, camera surveillance and greater overall visibility thanks to wider windows. The improved accessibility of the trains will minimise boarding time, enhance safety and no longer restrict passengers with mobility issues.

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Useful market and company background facts and contact details follow.

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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 Siemens

Siemens, headquartered in Berlin and Munich, is one of the world's largest electrical engineering and electronics companies and holds leading market positions in all its business areas. The company has approximately 475,000 employees working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of services for individual requirements. Siemens provides innovative technologies and comprehensive know-how to benefit customers in over 190 countries. Founded 160 years ago, the company focuses on the areas of Automation and Control, Power, Transportation, Medical, Information and Communications and Lighting. In fiscal 2006 (ended September 30), Siemens had sales from continuing operations of 87.325 billion euros and net income of 3.033 billion euros. Further information is available in the Internet at: www.siemens.com

About NS

NS is the largest public transporter of the Netherlands. Its trains enable the Dutch to be on the move throughout the entire country. Each day, more than 1,1 million passengers reach their destination without traffic jams or parking issues. Trains are known to be environmentally friendly with relatively low costs. In addition, NS provides its passengers with a large number of facilities and services on 375 stations.

Contact Information

  • Bombardier
    Americas
    David Slack
    + 1 450 441 3190
    or
    Germany, Austria
    Jurgen Scheunemann
    + 49 30 986 07 1138
    or
    Switzerland
    Fiona Flannery
    +41 44 318 29 91
    or
    Central and Eastern Europe
    Vicki Luther
    + 49 30 986 07 1139
    or
    Nordic Countries
    Jonny Hedberg
    + 46 8 681 5062
    or
    Russia
    Alexander Bocharov
    + 7 495 775 1830
    or
    UK, Ireland,
    Australia, New Zealand, other countries
    Neil Harvey
    + 44 1332 266470
    or
    Benelux and France
    Anne Froger
    + 33 6 07 78 95 38
    or
    Spain, Portugal, Italy, Greece, Turkey, India
    Luis Ramos
    + 35 1 919 693 728
    or
    Siemens
    Siemens Netherlands
    Josje Mosies
    + 31 70 3332095
    or
    Siemens AG
    Anja Suessner
    +49 9131 7 27338