Mr. Raymond Bachant reports

BOMBARDIER WINS NEW OPERATIONS AND MAINTENANCE CONTRACT IN NEW JERSEY

Bombardier Inc.'s Bombardier Transportation has signed a new contract with New Jersey Transit Corp. (NJ Transit) to provide operations and maintenance services for NJ Transit's River Line light rail system. The contract is valued at approximately $296-million (U.S.) ($331-million, 235 million euros) and covers a period of 15 years. The agreement includes an option for an additional five years. Through its wholly owned subsidiary, Southern New Jersey Rail Group, Bombardier has been operating and maintaining the River Line light rail system since its opening in March, 2004. Bombardier's scope of work under the new contract, effective March 14, 2015, will include train operations, dispatching, vehicle maintenance as well as maintenance for all right of way, facilities and signalling infrastructure.

"We are pleased to continue our partnership with NJ Transit in providing reliable, safe, efficient and customer-friendly service to River Line light rail passengers," said Raymond Bachant, president, Americas division, Bombardier Transportation. "The application of our world-class operations and maintenance program, created through the integration of best practices drawn from Bombardier's services and manufacturing sites around the world, has brought measurable benefits to River Line light rail in the areas of fleet reliability, fleet availability and asset maintenance. Through the continued implementation and expansion of this program, we look forward to achieving increasingly positive results."

Bombardier has a long-standing record of providing operations and maintenance services to transit systems across North America, including Agence Metropolitaine de Transport in Montreal, the Central Florida Commuter rail transit project (SunRail) train service, Go Transit in Toronto, the Maryland Area Regional Commuter (MARC) train service, New Jersey Transit, North County Transit District in California, OC Transpo in Ottawa, the South Florida Regional Transportation Authority, the Southern California Regional Rail Authority and, as of May, 2014, TransLink's West Coast Express commuter rail system in British Columbia. Bombardier also supports transit systems with overhaul and refurbishment programs, as well as with material and technology solutions.