Bombardier Officially Signs Contract for 46 Bombardier Flexity Outlook Trams for Brussels

COMMUNIQUE TRANSMIS PAR CCNMatthews

POUR:  BOMBARDIER TRANSPORTATION

Symbole TSX:  BBD.A BBD.B

LE 30 OCTOBRE 2003 - 10:04 ET

Bombardier Officially Signs Contract for 46 Bombardier
Flexity Outlook Trams for Brussels

MONTREAL, QUEBEC--An official signing ceremony was held today in 
Bruges, Belgium to mark the selection of Bombardier 
Transportation by the Board of Directors of the Brussels 
transport authority (STIB) for the delivery of 46 Bombardier(i) 
FLEXITY(i) Outlook trams for the city of Brussels. Pierre Lortie, 
President and Chief Operating Officer of Bombardier 
Transportation and Werner Daem, Chairman of the Board of the 
STIB, officially signed the contract jointly with Walter 
Grawenhoff, President, Light Rail Vehicles of Bombardier 
Transportation, and Alain Flausch, Administrator and general 
director of STIB, in the presence of Jos Chabert, Minister of 
Transport of the Government of Brussels-Capital. 

The contract includes the overhaul and the corrective maintenance 
of the vehicles' bogies and propulsion equipment for a period of 
15 years. The total value of the contract is approximately $191 
million Cdn (125 million Euros), including $162 million Cdn (106 
million Euros) for the vehicles and $29 million Cdn (19 million 
Euros) for the overhaul services. Within this agreement STIB has 
the possibility to order further batches of a minimum of 10 
vehicles per series during a period of five years. The delivery 
of the 100% low-floor trams is expected to take place between 
June 2005 and February 2007. 

On the occasion, Bombardier Transportation President Pierre 
Lortie commented: "The FLEXITY Outlook vehicles offer an 
innovative design, state-of-the-art technology and increased 
passenger comfort for a city of high international standard like 
Brussels. The new trams will undoubtedly emphasize the respected 
and reliable image of STIB." 

Production of the vehicles will be undertaken by Bombardier 
mainly at its facility in Bruges, Belgium; the bogies will be 
produced at its Siegen site and the propulsion at its Mannheim 
facility, both in Germany. 

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 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). 

(i) Trademark(s) of Bombardier Inc. or its subsidiaries 

NOTE TO EDITORS: A photo is available on our Website at the 
following address: 
www.transportation.bombardier.com/photography.jsp 

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Lydia Dufresne

Media Relations

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www.transportation.bombardier.com