Bombardier Transportation
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Bombardier Transportation

November 24, 2006 09:00 ET

Bombardier Wins $605 Million US Order From SNCF for 112 Additional High-Capacity AGC Trains

MONTREAL, QUEBEC--(CCNMatthews - Nov. 24, 2006) - Bombardier Transportation announced today that it received an additional order for 112 high-capacity trains AGC type (Autorail Grande Capacite) from the French National Railways (SNCF), valued at about $605 million US (467 million euros). The SNCF represents the French Regions in this transaction. Deliveries of the trains are scheduled to begin in October 2007. Bombardier will manufacture these AGC trains at its Crespin plant, in the Valenciennes region in France.

This firm order follows the announced selection of Bombardier by SNCF in September 2001 for the supply of 500 high-capacity regional trains AGC type for the French Regions. The total number of firmly ordered AGC trains by SNCF is now 612.

Twenty-one French regions have already ordered AGC trains, including most recently Poitou-Charentes and Ile-de-France.

"This new order confirms the AGC's impressive success with the operator and the French regions alike. Passenger surveys have yielded a positive feedback of more than 90 % on design, comfort and convenience of these trains," commented Jean Berge, Chief Country Representative France, Bombardier Transportation. "We are especially proud of this new milestone. It bears witness to SNCF's confidence in the AGC, positioning it firmly in the exclusive circle of large-scale modern railway series."

The AGC is available in various versions. The trains can run on either diesel fuel, electricity or a combination of the two, and also on a dual mode/dual voltage (diesel fuel and electricity 1.5 kV and 25 kV). The new order from SNCF includes dual mode/dual voltage trains.

In France, Bombardier Transportation operates primarily at its Crespin factory in the Valenciennes region, which employs 1,600 people and is the leading French manufacturing site in the railway industry. Bombardier Transportation is involved in all TGV (high-speed rail) programs. The group manufactures a wide range of rolling stock for public transport. Among these products are the MF2000 vehicles for the Paris metro, the Marseille, Nantes and Saint-Etienne tramways, and the recent RER (commuter train) vehicles. Bombardier is a major player in regional transportation with its TER2N NG railcars and the AGC (Autorail Grande Capacite/high-capacity rail liner) which 21 French regions have ordered to date. Bombardier Transportation is recognized as a global partner of the transport authorities in France.

The Bombardier Transportation Group has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of approximately 97,000 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, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2006, were $14.7 billion US and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com.

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