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Bombardier Announces Successful Renewal of Bank Lines in Europe.


MONTREAL -- Bombardier Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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:BBD BBD

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.A) (TSX:BBD.B) (BXS BXS Brussels Stock Exchange
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:BOM) (FRANKFURT:BBDd.F) announced today that it has successfully renewed the 364-day portion of its euros 3.71-billion syndicated European credit facility through syndicated banks. The new maturity date for this tranche is July 6, 2005.

Twenty-four banks extended their facilities, totalling euros 492 million. The agent bank is HSBC HSBC Hongkong and Shanghai Banking Corporation
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 Bank PLC.

"This successful renewal further demonstrates the Corporation's healthy liquidity position as well as the European banking syndicates' confidence in our three-year restructuring plan," said Francois Lemarchand, Bombardier's Senior Vice President and Treasurer.

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, 2004 were $15.5 billion US and its shares are traded on the Toronto, Brussels and Frankfurt stock exchanges Frankfurt Stock Exchange

The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS.
 (BBD, BOM and BBDd.F). News and information are available at www.bombardier.com.
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Publication:Business Wire
Geographic Code:1CANA
Date:Jul 7, 2004
Words:165
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