Bombardier to Refurbish 13 Class 69C Train Sets for Norwegian State Railway

Refurbishment Contract Emphasizes Bombardier's Regional Leadership Position BERLIN, GERMANY -- (MARKET WIRE) -- June 11, 2007 -- Bombardier Transportation has been commissioned by the Norwegian State Railway (NSB) to refurbish 13 Class 69C train sets (39 vehicles). This contract, valued at 22 million euros (approximately $ 30 million US), is a demonstration of the trust that major rail way operators put in Bombardier's refurbishment capabilities. It covers renewal of external doors, passenger's seats, PIS (Passenger Information System), HVAC and illumination in all compartments, as well as system induction loop, luggage racks, toilet system, xenon head lights and a complete repainting of both the interior and exterior of the vehicles. The Class 69C-vehicles were originally built in Bombardier's Strommen site (Norway) between 1975 and 1977. The refurbishment will be carried out at the same site, starting in October 2007 and ending with the last vehicle being out back in service in May 2009. Following a public tender, Bombardier has been selected by the NSB for its unrivalled combination of comprehensive knowledge of the vehicle's original design on the one hand and superior execution and competitive prices for quality offering on the other. Rik Dobbelaere, President Bombardier Transportation Services, comments: "This contract represents a milestone in the relationship of NSB and Bombardier. We have been working together on refurbishment contracts in the past, yet not on this scale before. It emphasizes Bombardier's regional leadership position and we are looking forward to developing our relationship further." Tor-Arne Stenhaug, Chief Country Representative Bombardier Norway said: "This contract is a fine example of Bombardier's commitment. With its advanced re-furbishing capabilities, Bombardier has the ability to cost-effectively upgrade high-performing equipment and systems that will last." Note to editors: Useful company background facts and contact details follow. Background facts and figures About NSB NSB AS is one of Norway's most important transport companies, with traditions going back to the opening of the first railway in Norway in 1854. The NSB Group's main activities comprise passenger traffic on trains and buses and rail freight traffic. The Group consists of a number of wholly owned and partly owned subsidiaries. Nettbuss AS and ROM Eiendomsutvikling AS are two of the wholly owned companies. NSB owns 55 per cent of CargoNet AS, a freight company in which Swedish GreenCargo AB is the other shareholder. NSB BA was converted into a private limited company (AS) on 1 July 2002. It was originally established by special legislation on 1 December 1996, when the administrative body - the Norwegian National Rail Administration (Jernbaneverket) - was spun off from the former NSB. NSB AS is owned by the Norwegian Ministry of Transport and Communications. 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. Bombardier is a trademark of Bombardier Inc. or its subsidiaries. Contacts: Bombardier Germany, Austria Birgit Stallmann + 49 30 986 07 1136 Switzerland Fiona Flannery +41 44 318 29 91 Central and Eastern Europe, Russia Natalia Kourakina-Lattner + 49 30 986 07 1137 UK, Ireland, Nordic Countries Australia, New Zealand, other countries Neil Harvey + 44 1332 2664703 Benelux and France Jean-Pierre Hulot + 33 6 07 78 95 38 Spain, Portugal, Italy, Greece, Turkey, India Luis Ramos + 35 1 919 693 728 For NSB: Preben Colstrup +479 1653 500