Bombardier Signs Agreement With STIB For A Total Of 102 Additional Trams For Brussels

Montréal, Québec, Switzerland, Jan 22, 2008 - (Hugin via ABN Newswire) - More FLEXITY Vehicles for the Capital of Europe

BERLIN, GERMANY--(Marketwire - January 22, 2008) - Bombardier Transportation and the Brussels transport company (STIB) have signed an agreement for the delivery of 102 bi-directional BOMBARDIER FLEXITY Outlook trams, including a firm order for 87 vehicles. The contract is part of the five-year framework agreement concluded with STIB in October 2003. The order value of the 87 vehicles amounts to approximately 195 million euros ($285 million US). The delivery of the 100% low-floor trams is expected to take place between April 2009 and July 2012.

The 32 m long vehicles, featuring the reliable BOMBARDIER MITRAC propulsion and control system, will be manufactured at Bombardier's Bruges site in Belgium, while the bogies will be produced at the Siegen facility in Germany.

Over 300 vehicles of the same type are already in successful revenue service in the cities of Linz (Austria), Lodz (Poland), Eskisehir (Turkey), Geneva (Switzerland), Marseille (France), as well as in Valencia and Alicante (Spain), and will soon be put in operation in Innsbruck (Austria), Palermo (Italy), Augsburg and Krefeld (Germany).

Design Flanders recently awarded a Henry van de Velde Label 2007 to the Brussels FLEXITY Outlook tram and its contemporary interpretation of the Art Nouveau style. This quality label testifies to the authenticity, innovative thrust, creativity, finish, and added value of the product.

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Background facts and figures

About Bombardier Transportation in Belgium

Bombardier Transportation is the Belgian leader in the rail equipment manufacturing and servicing industry. With a workforce of approximately 850 people, Bombardier Transportation's site in Bruges designs and produces innovative technological projects, including double-deck passenger rail vehicles for the Belgian Railways (SNCB).

About Bombardier Transportation

Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from regional 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 Jan. 31, 2007, were $14.8 billion US, 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.

BOMBARDIER, FLEXITY and MITRAC are trademarks of Bombardier Inc. or its subsidiaries.

Contacts: Americas David Slack + 1 450 441 3190

Germany, Austria, Central and Eastern Europe Jurgen Kornmann + 49 30 986 07 1138

Switzerland Fiona Flannery +41 44 318 29 91

Nordic Countries Jonny Hedberg + 46 8 681 5062

Russia Alexander Bocharov + 7 495 775 1830

UK, Ireland, Australia, New Zealand, other countries Neil Harvey + 44 1332 266470

Benelux and EU Guy Hendrix +32 2289 7341

France Anne Froger + 33 6 07 78 95 38

Spain, Portugal, Italy, Greece, Turkey, India Luis Ramos + 35 1 919 693 728 Copyright © Hugin AS 2008. All rights reserved.

Bombardier Transportation

http://www.bombardier.com

ISIN: CA0977511017

Stock Identifier: SWX.BBD