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The Bombardier-Alstom Consortium Signs a Contract to Build 468 New Metro Cars for Montreal

The consortium comprising Bombardier Transportation and Alstom Transport signed a contract with Societe de transport de Montreal (STM) for the supply of 468 metro cars (52 nine-car trainsets) to replace the MR-63 fleet, in service since 1966, and to optimize service. The contract is...

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The consortium comprising Bombardier Transportation and Alstom Transport signed a contract with Societe de transport de Montreal (STM) for the supply of 468 metro cars (52 nine-car trainsets) to replace the MR-63 fleet, in service since 1966, and to optimize service. The contract is estimated at approximately $1.2 billion CDN ($1.2 billion US, 864 million euro). Bombardier's share is estimated at $742 million CDN ($725 million US, 519 million euro) and Alstom's share is estimated at $493 million CDN ($482 million US, 345 million euro). The contract will enter into force, and the final price fixed using the applicable exchange rate, when the usual steps of funding approval will be completed.

The design, manufacture and final assembly of the new Montreal metro cars will be undertaken at Bombardier's facilities in La Pocatiere and Saint-Bruno, Quebec. Alstom's sites in Sorel-Tracy and Montreal, Quebec, will also be involved. The first prototype train will arrive in June 2013, followed by the base order deliveries that are scheduled to take place between February 2014 and September 2018.

In conformity with the STM requirements, the project includes a 60% canadian content and final assembly will take place in Canada.

The new cars will offer all the characteristics of a 21st century metro: -- The next-generation metro cars will provide a range of new features for passengers, ensuring maximum space and safety, including: -- Open gangways allowing riders to walk freely from one end of the train to the other. -- A new spacious interior design with optimal and ergonometric sitting arrangement. -- A state-of-the art electronic passenger information system. -- New security features, including onboard cameras and a two-way intercom system connecting passengers with the driver and the control center. -- The new design will increase reliability with proven propulsion and traction system technologies, and leverage environmentally friendly technologies, such as the well-known wooden shoe braking system.

"Bombardier and Alstom commend the determination of the Government of Quebec and the city of Montreal to bring about an efficient resolution to this bid process." says Raymond Bachant, President, Bombardier Transportation, North America. "These state-of-the-art metro cars will provide Montreal and its transit users a reliable, comfortable and quiet ride and will continue to reflect the spirit of this great international city".

"We look forward to getting to work to ensure the successful supply of new metro cars to the STM and its transit users." commented Pierre Gauthier, President of Alstom Canada, "The STM will benefit from the combined expertise of the two largest transport manufacturer in the world who have been major contributors to the original MR-63 and MR-73 metro fleet."

The Montreal metro consists of 4 lines, 68 stations on 66 kilometers of tracks and its metro cars travel some 76 million kilometers each year. It operates 20 hours per day and ensures an average of more than 850 000 passenger-trips per weekday.

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 Jan. 31, 2010, were $19.4 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 (http://www.bombardier.com)

About Alstom Transport

A promoter of sustainable mobility, Alstom Transport develops and markets the most complete range of systems, equipment and services in the railway sector. Alstom Transport manages entire transport systems, taking in rolling stock, signalling and infrastructure, and offers "turnkey" solutions. Alstom Transport recorded sales of 5.8 billion euros in the fiscal year 2009-2010. Alstom Transport is present in over 60 countries and employs some 27,000 people.

About Alstom

Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 96,500 people in more than 70 countries, and had sales of over EUR 23 billion(i) in 2009/10. ((i)Pro forma figures)

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