Bombardier Receives a $171-Million Order for Freight Locomotives in Switzerland.

Business Editors

MONTREAL--(BUSINESS WIRE)--Sept. 19, 2002

Bombardier (TSX:BBD.A) (TSX:BBD.B) confirms that it was awarded a contract by the freight division of the Swiss Federal Railways (SBB Cargo AG) for the delivery of 40 freight locomotives, based on the vehicles that are already in service in Germany. The approximate value of the contract is $171 millions Cdn (111 million euros). The locomotives, which will be running primarily on the international North-South German-Swiss corridor, are scheduled to be delivered between December 2002 and March 2005.

The locomotives have been designed to meet the requirements of international freight transport and can thus be produced more cost-efficiently than multi-purpose locomotives. The German Railways (Deutsche Bahn, DB) have ordered vehicles of the same type in 1998. The electric locomotives have a maximum power of 5,6 MW and can reach a maximum speed of 140 km/h. They can be used in cross-border freight traffic in countries with a line voltage of 15 or 25 kV AC.

Wolfgang Toelsner, President, Bombardier Transportation, Locomotives and Freight, commented: "This locomotive type has successfully run more than one million kilometres, thus proving its extreme reliability both in Germany and Switzerland. With a maximum performance, quality and efficiency for our customers we contribute to shifting the freight transport from road to rail."

SBB Cargo AG has already ten locomotives of the same type in service in Switzerland. More than 100 vehicles of this type are already in service with various European operators.

The new locomotive type Re 482 is a dual-system vehicle that can be operated both on the Swiss and on the German network, making the locomotive change-over at the border unnecessary. It also meets the Swiss clearance parameters.

Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and total transit systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control solutions.

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 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002 stood at $21.6 billion Cdn. Bombardier trades on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

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