Appointment at Bombardier.

Business Editors

MONTREAL--(BUSINESS WIRE)--June 9, 2003

Bombardier Inc. today announced that Pierre Alary has been appointed Senior Vice President and Chief Financial Officer of the Corporation.

Pierre Alary has held this position on an interim basis since February 12. Alary joined Bombardier in 1998 as Vice President, Finance for Bombardier Transportation and was promoted to the position of Vice President, Finance for Bombardier Inc. on Nov. 1, 2002.

"Since Pierre assumed the position of CFO on an interim basis, he has demonstrated he has all the right qualities for the job," said Mr. Paul M. Tellier, President and Chief Executive Officer of Bombardier. "I am very pleased that he has accepted the appointment as Bombardier's CFO."

Bombardier Inc., a diversified manufacturing and services company, is a world-leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 75,000 people and manufacturing facilities in 25 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2003 stood at $23.7 billion Cdn. Bombardier shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).