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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

Contacts:
Benelux: +49 30 98607 1141
Janet Olthof,janet.olthof@de.transport.bombardier.com

Canada: +1 450 441 3007
Marc Laforge,marc.laforge@ca.transport.bombardier.com

Germany, Austria, Switzerland,
Central and Eastern Europe: +49 30 98607 1134
Heiner Spannuth,
heiner.spannuth@de.transport.bombardier.com

France: +33 6 07 78 95 38
Anne Froger,
anne.froger@fr.transport.bombardier.com

Mexico: +52 55 5093 7714
Barbara Corral,
barbara.corral@mx.transport.bombardier.com

Nordic Countries: +46 10 852 5062
Jonny Hedberg,
jonny.hedberg@se.transport.bombardier.com

South Europe, Brazil
and India: +35 1 919 693 728
Luis Ramos,luis.ramos@pt.transport.bombardier.com

UK, Ireland, Australia, New Zealand,
other countries: +44 1332 266470
Neil Harvey,
neil.harvey@uk.transport.bombardier.com

USA: +1 450 441 3007
Maryanne Roberts,
maryanne.roberts@us.transport.bombardier.com







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Source: Bombardier Transportation via Thomson Reuters ONE

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