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2016-02-11

Bombardier Inc.: Bombardier Closes the Sale of a 30% Stake in Bombardier Transportation to CDPQ

Bombardier Inc. / Bombardier Closes the Sale of a 30% Stake in Bombardier
Transportation to CDPQ. Processed and transmitted by NASDAQ OMX Corporate
Solutions. The issuer is solely responsible for the content of this
announcement.
MONTREAL, QUEBEC--(Marketwired - Feb 11, 2016) - (All amounts in this press
release are in U.S. dollars unless otherwise indicated.)

Bombardier (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) closed today the
previously-announced acquisition by CDPQ of a $1.5 billion convertible share
investment in Bombardier Transportation's newly-created holding company,
Bombardier Transportation (Investment) UK LTD ("BT Holdco"), which, following
the completion of the previously-announced corporate reorganization, owns all
of the assets of Bombardier's Transportation business segment.

This transaction crystallizes the value of Bombardier Transportation and
strengthens Bombardier's financial position, with no increase in debt. The
funds received by BT Holdco from the acquisition will be distributed to
Bombardier, which intends to use the proceeds for general corporate purposes.

Furthermore, concurrently with the closing of the acquisition of a 30% stake
in BT Holdco and, as previously announced, Bombardier has issued today to
CDPQ warrants exercisable for a total number of 105,851,872 Class B shares
(subordinate voting) in the capital of Bombardier. The warrants are
exercisable for a period of seven years from the date hereof at an exercise
price per share equal to $1.66, being the U.S. dollar equivalent of $2.21 Cdn
at the date of execution of the subscription agreement.

About Bombardier

Bombardier is the world's leading manufacturer of both planes and trains.
Looking far ahead while delivering today, Bombardier is evolving mobility
worldwide by answering the call for more efficient, sustainable and enjoyable
transportation everywhere. Our vehicles, services and, most of all, our
employees are what make us a global leader in transportation.

Bombardier is headquartered in Montreal, Canada. Our shares are traded on the
Toronto Stock Exchange (BBD) and we are listed on the Dow Jones
Sustainability North America Index. In the fiscal year ended December 31,
2014, we posted revenues of $20.1 billion. News and information are available
atbombardier.comor follow us on Twitter@Bombardier.

Bombardier and The Evolution of Mobility are trademarks of Bombardier Inc. or
its subsidiaries.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements, which may involve, but
are not limited to: statements with respect to the Corporation's objectives,
guidance, targets, goals, priorities, market and strategies, financial
position, beliefs, prospects, plans, expectations, anticipations, estimates
and intentions; general economic and business outlook, prospects and trends
of an industry; expected growth in demand for products and services; product
development, including projected design, characteristics, capacity or
performance; expected or scheduled entry-into-service of products and
services, orders, deliveries, testing, lead times, certifications and project
execution in general; competitive position; and the expected impact of the
legislative and regulatory environment and legal proceedings on the
Corporation's business and operations; available liquidities and ongoing
review of strategic and financial alternatives.

Forward-looking statements can generally be identified by the use of
forward-looking terminology such as "may", "will", "expect", "intend",
"anticipate", "plan", "foresee", "believe", "continue", "maintain" or
"align", the negative of these terms, variations of them or similar
terminology. By their nature, forward-looking statements require management
to make assumptions and are subject to important known and unknown risks and
uncertainties, which may cause actual results in future periods to differ
materially from forecast results. While management considers their
assumptions to be reasonable and appropriate based on information currently
available, there is risk that they may not be accurate.

Certain factors that could cause actual results to differ materially from
those anticipated in the forward-looking statements include, but are not
limited to, risks associated with general economic conditions, risks
associated with our business environment (such as risks associated with the
financial condition of the airline industry and rail industry, political
instability and force majeure), operational risks (such as risks related to
developing new products and services; fixed-price commitments and production
and project execution; doing business with partners; product performance
warranty and casualty claim losses; regulatory and legal proceedings; the
environment; dependence on certain customers and suppliers; human resources),
financing risks (such as risks related to liquidity and access to capital
markets, retirement benefit plan risk, exposure to credit risk, certain
restrictive debt covenants, financing support provided for the benefit of
certain customers and reliance on government support), and market risks (such
as risks related to foreign currency fluctuations, changing interest rates,
decreases in residual values and increases in commodity prices). For more
details, see the Risks and uncertainties section in Other in the Management's
Discussion and Analysis (MD&A) of the Corporation's financial report for the
fiscal year ended December 31, 2014.

Readers are cautioned that the foregoing list of factors that may affect
future growth, results and performance is not exhaustive and undue reliance
should not be placed on forward-looking statements. The forward-looking
statements set forth herein reflect management's expectations as at the date
of this press release and are subject to change after such date. Unless
otherwise required by applicable securities laws, the Corporation expressly
disclaims any intention, and assumes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. The forward-looking statements contained in this press
release are expressly qualified by this cautionary statement.

Contacts:
Isabelle Rondeau
Director, Communications
Bombardier Inc.
+514 861 9481

Patrick Ghoche
Vice President, Investor Relations
Bombardier Inc.
+514 861 5727

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bombardier Inc. via Globenewswire

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