Bombardier Plays Important Development Role as Partner and Supplier of Siemens in the Major Deutsche Bahn Project ICx

Framework agreement with Siemens for essential development and production work on up to 300 high speed trains BERLIN, GERMANY--(Marketwire - May 9, 2011) - Bombardier Transportation has signed a framework agreement with Siemens AG to become a partner to develop and supply important components of up to 300 ICx high speed trains for Deutsche Bahn (DB AG). The first call-off for 130 trains is worth an estimated 1.3 billion euro ($1.8 billion US) to Bombardier. DB AG is planning to place an additional call-off with Siemens for a further 90 trains. The combined order volume of 220 trains would be worth approximately 2.1 billion euro ($3 billion US) to Bombardier. The framework agreement between Siemens and DB AG also includes an option for up to 80 additional trains that could be ordered at any time until the year 2030. Together with Bombardier, Siemens has developed an innovative and flexible vehicle concept which allows the ICx to be adapted to the individual requirements of various transport situations. Bombardier will supply Siemens with, among other components, all the body shells as well as trailer bogies of the new ICx fleet. Furthermore, Bombardier will carry out the final assembly of all end coaches and of some intermediate coaches. Stephane Rambaud-Measson, President of the Passengers division of Bombardier Transportation, said: "We are proud to have received the order from Siemens to contribute significantly to the design and production for the ICx project. The technical solutions developed and produced by Bombardier will make a significant contribution to this key Deutsche Bahn project. The ICx will have a decisive influence on the future of long-distance travel in Germany and will be a showcase project." Oliver Schmidt, Vice President Sales North of the Passengers division, added: "We are delighted to be playing a decisive role in a big project in our home market here in Germany. We will be developing and producing key technological aspects of the ICx project from our sites in Gorlitz, Hennigsdorf and Siegen. This includes the aerodynamics, the innovative body shell and the BOMBARDIER FLEXX Eco bogie. With these items, we're contributing massively to the cost-effectiveness of the trains and to the comfort of the passengers." The steel body shells for the new high speed trains are optimised in terms of aerodynamics and weight, enabling significant reductions in energy consumption. They are being developed in the Bombardier factory in Hennigsdorf and are being manufactured in Gorlitz. Project management takes place at both sites. Hennigsdorf is responsible for the final assembly of all ICx end coaches. Bombardier will also carry out the final assembly of one intermediate coach per train at this site. The FLEXX Eco trailer bogies reduce vehicle weight, energy consumption and noise emission. They are being supplied from the Bombardier site in Siegen. The production of the ICx will start in the summer of 2013. About Bombardier Transportation Bombardier Transportation, a global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. BOMBARDIER ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance. Bombardier Transportation is headquartered in Berlin, Germany and has a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. 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 January 31, 2011, were $17.7 billion, 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 or follow us on Twitter @BombardierInc. Note to Editors For news releases, related material and photos, visit our media centre at www.bombardier.com/en/transportation/media-centre. Follow Bombardier Transportation on Twitter @BombardierRail. BOMBARDIER, FLEXX and ECO4 are trademarks of Bombardier Inc. or its subsidiaries. www.theclimateisrightfortrains.com