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BOMBARDIER SELECTED TO SUPPLY A $763-MILLION RAPID TRANSIT SYSTEM IN TAIWAN Montréal, April 28, 2003 – Bombardier Transportation has been selected by Kung Sing Engineering Corporation (KSECO), a Taiwanese construction company, to supply the electrical and mechanical (E&M) portion of a 15-km rapid transit system, including 202 vehicles, for the new Neihu Line, which is an extension to the existing Mucha Line in the City of Taipei, Taiwan. The award of the contract to KSECO has been confirmed by the Department of Rapid Transit Systems (DORTS) of the Taipei City Government. The work will commence upon reception of the Notice to Proceed, which is expected within the next two months. Bombardier, as the prime subcontractor to KSECO, will design and supply all of the E&M systems for the 12-station Neihu Line, and will also be responsible for retrofitting the automatic train control system for the Mucha Line, its 102 vehicles and some of the equipment in its existing 12 stations. The award of the Neihu Line Design/Build contract to KSECO by the Department of Rapid Transit Systems is valued at approximately $1.37 billion Cdn. Bombardier’s share of the project is valued at some $763 million Cdn. The mostly elevated Neihu Line will open in three Stages; the completion of the first 10 km and delivery of 60 vehicles are anticipated in the summer of 2007, with the two remaining Stages to be completed in late fall of 2007 and spring of 2008. When completed, the System is expected to carry 28,400 passengers per hour per direction. Patrice Pelletier, President of Bombardier Transportation’s Total Transit Systems Division, commented, “The award of this contract is very significant, as it represents a major breakthrough for Bombardier into the Taiwanese market.” He added, “the Neihu Line will constitute another prime example of the capabilities of our excellent Bombardier Flexiblok* automatic train control technology.” Bombardier Transportation is recognized worldwide for its superior expertise in systems integration and engineering. Commenting further, Patrice Pelletier said, “since the early 1970’s, Bombardier has delivered more than 45 turnkey rapid transit and people mover systems on four continents including the Kuala Lumpur LRT System 2 in Malaysia, and most recently, the San Francisco International Airport Automated People Mover (APM), USA, and the Millennium Line extension to the Vancouver SkyTrain System in Canada.” In the field of driverless automated rubber-tired systems, Bombardier has clearly demonstrated its capability to expand and extend existing systems while continuing to provide service to passengers. Recent examples in the USA include the Hartsfield Atlanta International Airport APM, one of the busiest airports in the world, and the Miami MetroMover in downtown Miami, Florida. Bombardier’s scope of work for the Neihu Line turnkey E&M contract includes the design, supply and installation of the Flexiblok automatic train control system, power supply and communications systems, platform screen doors, workshop equipment, equipment for the new control centre, retrofit of the Mucha Line control centre, systems engineering and integration, testing and commissioning, as well as the manufacture of 202 rubber-tired vehicles, and the retrofitting of the train control system for the Mucha Line’s existing fleet. 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 Montréal, 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).
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