Bombardier Inc. : Bombardier Announces Financial Results for the Fourth Quarter and the Fiscal Year Ended December 31, 2012

   Bombardier Inc. : Bombardier Announces Financial Results for the Fourth
             Quarter and the Fiscal Year Ended December 31, 2012

Bombardier Inc. / Bombardier Announces Financial Results for the Fourth
Quarter and the Fiscal Year Ended December 31, 2012 . Processed and
transmitted by Thomson Reuters ONE. The issuer is solely responsible for the
content of this announcement.

MONTREAL, QUEBEC--(Marketwire - February 21, 2013) - (TSX: BBD.A)(TSX: BBD.B)

(All amounts in this press release are in U.S. dollars unless otherwise
indicated. This press release contains both IFRS and non-GAAP measures, with
certain measures also presented on a pro forma basis to reflect the impact of
the January 2013 debt issuance. Non-GAAP measures are defined and reconciled
to the most comparable IFRS measures in our MD&A. See Caution regarding
Non-GAAP measures at the end of this press release.)

The fourth quarter and fiscal year ended December 31, 2011 comprise two and 11
months of Bombardier Aerospace results, and three and 12 months of Bombardier
Transportation results.

  *Revenues of $16.8 billion, compared to $18.3 billion last fiscal year

  *EBIT before special items(1) of $835 million, or 5.0% of revenues,
    compared to $1.2 billion, or 6.6%, last fiscal year

  *Adjusted net income(1) of $692 million, compared to $865 million last
    fiscal year

  *Adjusted earnings per share(1) of $0.38, compared to $0.48 last fiscal
    year

  *Free cash flow usage(1) of $741 million, compared to a usage of $1.2
    billion last fiscal year

  *Available short-term capital resources of $4.3 billion including cash and
    cash equivalents of $2.9 billion as at December 31, 2012, compared to $4.1
    billion and $3.4 billion respectively, as at December 31, 2011; $6.3
    billion as at December 31, 2012 on a pro forma basis giving effect to the
    January 2013 debt issuance

  *Record backlog in both groups for a consolidated backlog of $66.6 billion,
    compared to $55.8 billion as at December 31, 2011

(1) See Caution regarding Non-GAAP measures at the end of this press release.

Bombardier today reported its financial results for the fourth quarter and the
year ended December 31, 2012. Revenues totalled $4.8 billion for the fourth
quarter ended December 31, 2012, compared to $4.3 billion for the
corresponding period last fiscal year. For the year, revenues totalled $16.8
billion, compared to $18.3 billion for the last fiscal year.

For the fourth quarter ended December 31, 2012, earnings before financing
expense, financing income and income taxes (EBIT) before special items
totalled $175 million, or 3.7% of revenues, compared to $293 million, or 6.8%,
for the corresponding period the previous year. For the year, EBIT before
special items was $835 million, or 5.0% of revenues, compared to $1.2 billion,
or 6.6%, last fiscal year. For the fourth quarter ended December 31, 2012,
EBIT was $12 million, or 0.3% of revenues, compared to $293 million, or 6.8%,
for the corresponding period the previous year. For the year, EBIT amounted to
$695 million or 4.1% of revenues, versus $1.2 billion or 6.6% last fiscal
year.

On an adjusted basis, net income amounted to $188 million, or adjusted
earnings per share (EPS) of $0.10, for the fourth quarter ended December 31,
2012, compared to $227 million, or adjusted EPS of $0.13, for the
corresponding period the previous year. Adjusted net income for the year ended
December 31, 2012 amounted to $692 million, compared to $865 million for the
last fiscal year, resulting in an adjusted EPS of $0.38, compared to an
adjusted EPS of $0.48 last fiscal year. Net income amounted to $14 million, or
diluted EPS of nil, for the fourth quarter ended December 31, 2012, compared
to $214 million, or diluted EPS of $0.12, for the corresponding period the
previous year. Net income for the year ended December 31, 2012 amounted to
$598 million, compared to $837 million for the last fiscal year. For the year,
diluted EPS was $0.32, compared to diluted EPS of $0.47 last fiscal year.

For the three-month period ended December 31, 2012, free cash flow (cash flows
from operating activities less net additions to property, plant and equipment
and intangible assets) totalled $850 million, compared to $590 million for the
corresponding period the previous year. Free cash flow usage totalled $741
million for the year ended December 31, 2012, compared to a free cash flow
usage of $1.2 billion last fiscal year. Available short-term capital resources
of $4.3 billion include cash and cash equivalents of $2.9 billion as at
December 31, 2012, compared to $4.1 billion and $3.4 billion respectively as
at December 31, 2011 ($6.3 billion on a pro forma basis as at December 31,
2012, giving effect to the debt issuance of January 2013). The overall backlog
increased by $10.8 billion since the beginning of the year, reaching a record
level of $66.6 billion as at December 31, 2012.

"Our results for 2012 are not reflective of our potential," said Pierre
Beaudoin, President and Chief Executive Officer, Bombardier Inc. "After
proving our resilience throughout the economic crisis, today, Bombardier is at
a turning point. With our outstanding backlog of $66.6 billion, an increase of
19% over last year, we're forging ahead with breakthrough products and
expanding our reach in pivotal growth markets."

"In Aerospace, we were in line with our delivery guidance and we've garnered
an impressive 481 net orders bringing our backlog to a record level of $32.9
billion at the end of 2012. We're the clear leader in business aviation both
in terms of revenues and deliveries, and in commercial aircraft, we had some
significant orders for both jets and turboprops. Our development programs are
making solid progress and the CSeries' first flight will take place by the end
of June 2013."

"In Transportation, we won many important orders around the world in 2012,
which brought our backlog to $33.7 billion, its highest level ever. Meanwhile,
we took various measures to improve our cost structure and competitiveness.
These inititatives are aimed at securing our leadership and improving our
profitability."

"Our three main drivers will allow us to deliver long-term sustainable growth.
The first driver is our portfolio of state-of-the-art products and services,
which will be further fortified as several innovative platforms roll out of
our facilities starting in 2014. The second is our expanding presence in key
markets worldwide which brings us closer to our customer base, and finally,
the strengthening of customer satisfaction through flawless execution on every
order. These are exciting times at Bombardier and we're on the cusp of seeing
significant revenue growth," concluded Mr. Beaudoin.

Bombardier Aerospace

Bombardier Aerospace's revenues amounted to $2.6 billion for the three-month
period ended December 31, 2012, compared to $2.0 billion for the corresponding
period last fiscal year. For the year, revenues totalled $8.6 billion, the
same level as last fiscal year.

EBIT before special items totalled $382 million, or 4.4% of revenues, for the
year ended December 31, 2012, compared to $502 million, or 5.8%, last fiscal
year. For the fourth quarter ended December 31, 2012, EBIT totalled $89
million, or 3.4% of revenues, compared to $127 million, or 6.3%, for the
corresponding last fiscal year. For the year, EBIT was $405 million, or 4.7%
of revenues, compared to $502 million, or 5.8%, last fiscal year.

Free cash flow totalled $277 million for the fourth quarter ended December 31,
2012, compared to $110 million for the corresponding period last fiscal year.
For the year ended December 31, 2012, free cash flow usage totalled $867
million compared to a free cash flow usage of $453 million for the last fiscal
year.

A total of 233 aircraft were delivered during the year ended December 31,
2012, compared to 245 for the last fiscal year.

Bombardier Business Aircraft saw a remarkable level of order intake with 343
net orders compared to 191 for the last fiscal year. The business unit
obtained two of its biggest orders in its history with a firm order from
VistaJet for 56 Global aircraft, valued at $3.1 billion and a firm order from
NetJets Inc. for 100 Challenger aircraft, valued at $2.6 billion, based on
list prices. Even excluding these two orders and a significant order from
NetJets Inc. in 2011, the business aircraft order intake still increased by
43%.

Bombardier Commercial Aircraft received 138 firm orders during the year,
compared to 54 for the last fiscal year. Some of the largest orders received
are from WestJet Airlines Ltd., which placed a firm order for 20 Q400 NextGen
aircraft valued at $683 million, Delta Air Lines Inc. which purchased 40
CRJ900 NextGen aircraft valued at $1.9 billion and finally, airBaltic which
placed a firm order for 10 CS300 aircraft valued at $764 million.The value of
these firm orders are all based on list prices.

Bombardier Aerospace's backlog increased by 38% reaching $32.9 billion as at
December 31, 2012, compared to $23.9 billion as at December 31, 2011.

The CSeries aircraft program development is progressing steadily: the assembly
of the first Flight Test Vehicle (FTV1) in Mirabel, Quebec, is in the advanced
stages with all primary structures now assembled on the aircraft. Key
components and systems are in place, namely the wing, landing gear,
horizontal/vertical stabilizers, and most recently, the engines as we proceed
with ongoing systems installations. In February 2013, the engine that will
power the CSeries aircraft, Pratt and Whitney's PW1500 geared-turbofan engine,
was awarded Transport Canada certification. These are critical steps in
supporting the progressive transfer of FTV1 to the flight test program in the
coming weeks. Progress has also been made in the build of the subsequent
flight test vehicles which will join FTV1 in the flight test program.

Additionally, the build for the Complete Airframe Static Test (CAST) article,
our aircraft destined for ground testing, was completed in December 2012
followed by the start of the first certification and Safety of Flight tests in
February 2013. As well, the Complete Integrated Aircraft Systems Test Area
(CIASTA/Aircraft 0) rig was recently upgraded to first flight configuration to
allow for formal Safety of Flight testing. The validation process from all the
on-the-ground integrated systems tests is progressing as expected.

The Learjet 85 aircraft program is making solid progress having achieved
several key milestones. The first flight test aircraft is significantly
advanced: the complete pressure fuselage, including the nose, aft fuselage and
empennage have been joined, the landing gear has been installed and the wing
is attached to the fuselage. However, while we have successfully dealt with
several new technology challenges, the program's timeline has been impacted.
Entry-into-service is now scheduled for summer 2014.

In 2013, the EBIT margin should be at a similar level as 2012. However, in
2014, Bombardier Aerospace expects to achieve an EBIT margin of approximately
6%, after an anticipated 2% dilutive impact from the entry-into-service of the
CSeries aircraft.

The group expects cash flows from operating activities of approximately $1.4
billion in 2013, while the net additions to property, plant and equipment
(PP&E) and intangible assets are expected to be approximately $2 billion. The
level of net additions to PP&E and intangible assets is expected to decrease
in 2014 by approximately $500 million and in 2015 by approximately another
$500 million.

In 2013, Bombardier Aerospace expects to deliver approximately 190 business
and 55 commercial aircraft.

Bombardier Transportation

Bombardier Transportation's revenues amounted to $2.2 billion for the
three-month period ended December 31, 2012, compared to $2.3 billion for the
same period last year. Revenues totalled $8.1 billion for the year ended
December 31, 2012, compared to $9.8 billion for the last fiscal year.

For the fourth quarter ended December 31, 2012, EBIT before special items
totalled $86 million, or 4.0% of revenues, compared to $166 million, or 7.2%,
for the same quarter the previous year. For the year, EBIT before special
items was $453 million, compared to $700 million last fiscal year, translating
into an EBIT margin of 5.6% of revenues versus 7.2% last fiscal year. For the
three-month period ended December 31, 2012, the loss before financing
expenses, financing income and income taxes totalled $77 million, or 3.6% of
revenues, compared to an EBIT of $166 million, or 7.2%, for the same quarter
the previous year. EBIT for the year was $290 million, compared to $700
million last fiscal year, translating into an EBIT margin of 3.6% versus 7.2%
last fiscal year.

Free cash flow totalled $673 million for the quarter ended December 31, 2012,
compared to $564 million for the same period last fiscal year. Free cash flow
amounted to $386 million for the year ended December 31, 2012, compared to a
free cash flow usage of $424 million for the last fiscal year.

New orders reached $9.4 billion (book-to-bill ratio of 1.2), compared to $9.7
billion (book-to-bill ratio of 1.0) for the last fiscal year. The order
backlog totalled a record $33.7 billion as at December 31, 2012, compared to
$31.9 billion as at December 31, 2011.

The group continued to secure orders around the world and across all its
product segments, as illustrated by the orders from Metrolinx/GO Transit in
Toronto, for 10 years of operation and maintenance services, valued at $937
million and from San Francisco Bay Area Rapid Transit District (BART) for 410
metro cars, valued at $897 million. The City of Basel's Transport Authority,
Switzerland, signed an agreement for 60 FLEXITY trams valued at $241 million,
Abellio Rail NRW GmbH of Germany ordered 35 TALENT 2 Electrical Multiple Units
(EMU) valued at $226 million, and Public Transport Victoria (PTV) of Australia
placed an order for 40 VLocity Diesel Multiple Unit (DMU) cars valued at $216
million.

The group also announced measures to improve its competitiveness and cost
structure. These include the closure of a plant in Aachen, Germany, and the
reduction of direct and indirect personnel by approximately 1,200 employees
worldwide, including Aachen. A restructuring charge of $119 million in
connection with these planned measures was recorded in the fourth quarter of
fiscal year 2012.

In 2013, revenues are expected to be higher than in 2012, with a percentage
growth in the high single digits, excluding currency impacts, and the group
should maintain its free cash flow generally in line with EBIT, although it
may vary significantly from quarter to quarter. Bombardier Transportation
extended its target date, to achieve an EBIT margin of 8% by 2014.

FINANCIAL HIGHLIGHTS
(In millions of U.S. dollars, except per share amounts, which are shown in
dollars)
For the fourth
quarters                          December 31,                  December 31,
ended(1)                                  2012                          2011
                      BA          BT     Total        BA        BT     Total
Results of
operations
Revenues       $   2,597     $ 2,158   $ 4,755   $ 2,016   $ 2,300   $ 4,316
Cost of sales      2,254       1,875     4,129     1,717     1,884     3,601
Gross margin         343         283       626       299       416       715
SG&A                 187         170       357       132       207       339
R&D                   52          51       103        27        48        75
Share of
income of
associates             -         (18 )     (18 )       -        (1 )      (1 )
Other expense
(income)              15          (6 )       9        13        (4 )       9
EBIT before
special
items(2)              89          86       175       127       166       293
Special items          -         163       163         -         -         -
EBIT           $      89     $   (77 )      12   $   127   $   166       293
Financing
expense                                    144                           156
Financing
income                                    (111 )                        (123 )
EBT                                        (21 )                         260
Income taxes
(recovery)                                 (35 )                          46
Net income                             $    14                       $   214
EPS (basic and
diluted; in
dollars)                               $     -                       $  0.12
Supplemental
information
EBIT before
special
items(2)       $      89     $    86   $   175   $   127   $   166   $   293
Amortization          75          34       109        39        36        75
EBITDA before
special
items(2)       $     164     $   120   $   284   $   166   $   202   $   368
On an adjusted
basis
Adjusted net
income(2)                              $   188                       $   227
Adjusted EPS
(in
dollars)(2)                            $  0.10                       $  0.13
Cash flows
from operating
activities     $     852     $   729             $   442   $   623
Net additions
to PP&E and
intangible
assets              (575  )      (56 )              (332 )     (59 )
Segmented free
cash flow(2)   $     277     $   673   $   950   $   110   $   564   $   674
Net income
taxes and net
interest paid                             (100 )                         (84 )
Free cash
flow(2)                                $   850                       $   590
BA: Bombardier Aerospace; BT: Bombardier Transportation
(1)      Our fourth quarter ended December 31, 2011 comprises two months of
         BA's results and three months of BT's results.
(2)      Non-GAAP financial measure. Refer to the Non-GAAP financial measures
         and Consolidated results of operations sections in Overview of the
         Corporation's MD&A for definitions of these metrics. Refer also to
         the Consolidated results of operations and Liquidity and capital
         resources sections in Overview and Analysis of results sections in BA
         and BT of the Corporation's MD&A for reconciliations to most
         comparable IFRS measures.

(In millions of U.S. dollars, except per share amounts, which are shown in
dollars)
For the fiscal                  December 31,                    December 31,
years ended(1)                          2012                            2011
                     BA        BT      Total         BA        BT      Total
Results of
operations
Revenues       $  8,628   $ 8,140   $ 16,768   $  8,594   $ 9,753   $ 18,347
Cost of sales     7,418     6,851     14,269      7,355     8,089     15,444
Gross margin      1,210     1,289      2,499      1,239     1,664      2,903
SG&A                699       744      1,443        621       818      1,439
R&D                 155       144        299        122       149        271
Share of
income of
associates            -       (45 )      (45 )        -        (4 )       (4 )
Other expense
(income)            (26 )      (7 )      (33 )       (6 )       1         (5 )
EBIT before
special
items(2)       $    382       453        835        502       700      1,202
Special items       (23 )     163        140          -         -          -
EBIT           $    405   $   290        695   $    502   $   700      1,202
Financing
expense                                  596                             681
Financing
income                                  (599 )                          (519 )
EBT                                      698                           1,040
Income taxes                             100                             203
Net income                          $    598                        $    837
EPS (basic and
diluted; in
dollars)                            $   0.32                        $   0.47
Supplemental
information
EBIT before
special
items(2)       $    382   $   453   $    835   $    502   $   700   $  1,202
Amortization        242       129        371        195       138        333
EBITDA before
special
items(2)       $    624   $   582   $  1,206   $    697   $   838   $  1,535
On an adjusted
basis
Adjusted net
income(2)                           $    692                        $    865
Adjusted EPS
(in
dollars)(2)                         $   0.38                        $   0.48
Cash flows
from operating
activities
(usage)        $  1,104   $   504              $    867   $  (269 )
Net additions
to PP&E and
intangible
assets           (1,971 )    (118 )              (1,320 )    (155 )
Segmented free
cash flow
(usage)(2)     $   (867 ) $   386   $   (481 ) $   (453 ) $  (424 ) $   (877 )
Net income
taxes and net
interest paid                           (260 )                          (355 )
Free cash flow
usage(2)                            $   (741 )                      $ (1,232 )
BA: Bombardier Aerospace; BT: Bombardier Transportation
(1)       Our fiscal year ended December 31, 2011 comprises 11 months of BA's
          results and 12 months of BT's results.
(2)       Non-GAAP financial measure. Refer to the Non-GAAP financial measures
          and Consolidated results of operations sections in Overview of the
          Corporation's MD&A for definitions of these metrics. Refer also to
          the Consolidated results of operations and Liquidity and capital
          resources sections and Analysis of results sections in BA and BT in
          Overview of the Corporation's MD&A for reconciliations to most
          comparable IFRS measures.


SELECTED FINANCIAL INFORMATION
Bombardier Aerospace

Revenues by geographic region(1)
                                    12 months ended            11 months ended
                                  December 31, 2012          December 31, 2011
   North America              $      4,811      56%       $      4,281     50%
   Europe                            1,723      20%              1,907     22%
   Asia-Pacific                      1,126      13%              1,282     15%
   Rest of world(2)                    968      11%              1,124     13%
                              $      8,628     100%       $      8,594    100%
(1)          Revenues are attributed to countries based on the location of the
             customer.
(2)          The region Rest of world includes South America, Central America,
             Africa, the Middle East and the CIS.

Total aircraft deliveries
                          Three months    Two months    12 months    11 months
                                 ended         ended        ended        ended
                           December 31   December 31  December 31  December 31
(in units)                        2012          2011         2012         2011
 Business aircraft
  Excluding those of the
  Flexjet fractional
  ownership program                 59            47          176          161
  Flexjet fractional
  ownership program(1)               1             1            3            2
                                    60            48          179          163
 Commercial aircraft                16            11           50           78
 Amphibious aircraft                 1             1            4            4
                                    77            60          233          245
(1)          An aircraft delivery is included in the above table when the
             equivalent of 100% of the fractional shares of an aircraft model
             has been sold to external customers through Flexjet, or when a
             whole aircraft has been sold to external customers through the
             Flexjet One program.

Total aircraft net orders
                                December 31, 2012            December 31, 2011
                         Gross Cancel-        Net      Gross  Cancel-      Net
                        orders lations     orders     orders  lations   orders
         Fourth quarters ended Three months ended             Two months ended
 Business aircraft
 (including those of
 the Flexjet fractional
 ownership program)        141     (17 )      124         44       (3 )     41
 Commercial aircraft        60       -         60          2        -        2
                           201     (17 )      184         46       (3 )     43
Fiscal years ended                12 months ended              11 months ended
 Business aircraft
 (including those of
 the Flexjet fractional
 ownership program)        392     (49 )      343        223      (32 )    191
 Commercial aircraft       138       -        138         54        -       54
 Amphibious aircraft         -       -          -          4        -        4
                           530     (49 )      481        281      (32 )    249
Book-to-bill ratio(1)
                            Three months   Two months    12 months   11 months
                                   ended        ended        ended       ended
                             December 31  December 31  December 31 December 31
                                    2012         2011         2012        2011
           Business
           aircraft                  2.1          0.9          1.9         1.2
           Commercial
           aircraft                  3.8          0.2          2.8         0.7
           Total                     2.4          0.7          2.1         1.0



(1)                   Defined as net orders received over aircraft deliveries,
                      in units.
Total order backlog
                                                                         As at
(in billions of dollars)                  December 31, 2012  December 31, 2011
   Aircraft programs                           $       29.5       $       21.4
   Long-term maintenance and spares
   support agreements                                   2.8                1.9
   Military Aviation Training                           0.6                0.6
                                               $       32.9       $       23.9

Bombardier Transportation

Revenues by geographic region
                              Three months ended               12 months ended
                                     December 31                   December 31
                            2012            2011            2012          2011
  Europe(1)       $  1,326   61%  $  1,467   64%  $  5,141   63%  $ 6,275  64%
  North America        359   17%       373   16%     1,454   18%    1,396  14%
  Asia-Pacific         326   15%       257   11%     1,004   12%    1,444  15%
  Rest of
  world(2)             147    7%       203    9%       541    7%      638   7%
                  $  2,158  100%  $  2,300  100%  $  8,140  100%  $ 9,753 100%
(1)        The decreases in Europe reflect negative currency impacts of $42
           million and $403 million, respectively, for the fourth quarter and
           fiscal year ended December 31, 2012.
(2)        The region Rest of world includes South America, Central America,
           Africa, the Middle East and the CIS.

Order intake and book-to-bill ratio
                                      Three months ended       12 months ended
                                             December 31           December 31
 Order intake (in billions of
 dollars)                                 2012      2011       2012       2011
 Rolling stock                      $      0.7    $  2.1 $      5.1   $    6.4
 Services                                  1.5       0.5        2.5        1.1
 System and signalling                     0.8       0.4        1.8        2.2
                                    $      3.0    $  3.0 $      9.4   $    9.7
 Book-to-bill ratio                        1.4       1.3        1.2        1.0
Order backlog
                                                                         As at
                (in billions of dollars)   December 31, 2012 December 31, 2011
                Rolling stock(1)                $       22.3    $         22.6
                Services                                 7.1               5.5
                System and signalling                    4.3               3.8
                                                $       33.7    $         31.9

(1) Of which $13.4 billion, or 60% of rolling stock order backlog, had a
    percentage of completion from 0% to 25% as at December 31, 2012 ($15.3
    billion, or 68%, as at December 31, 2011).

ADVANCE NOTICE BY-LAW

The Board of Directors of the Corporation has approved an amendment to the
Corporation's By-Law One to add an advance notice requirement (the By-Law
Amendment), which requires advance notice to the Corporation in certain
circumstances where nominations of persons for election as a director of the
Corporation are made by shareholders.

In the case of an annual meeting of shareholders, notice to the Corporation
must be made not less than 30 nor more than 65 days prior to the date of the
annual meeting; provided, however, that in the event that the annual meeting
is to be held on a date that is less than 50 days after the date on which the
first public announcement of the date of the annual meeting was made, notice
may be made not later than the close of business on the 10th day following
such public announcement.

In the case of a special meeting of shareholders (which is not also an annual
meeting), notice to the Corporation must be made not later than the close of
business on the 15th day following the day on which the first public
announcement of the date of the special meeting was made.

The By-Law Amendment is effective immediately. At the next meeting of
shareholders of the Corporation, shareholders will be asked to confirm and
ratify the By-Law Amendment.

DIVIDENDS ON COMMON SHARES

Class A and Class B Shares

A quarterly dividend of $0.025 Cdn per share on Class A Shares (Multiple
Voting) and of $0.025 Cdn per share on Class B Shares (Subordinate Voting) is
payable on March 31, 2013 to the shareholders of record at the close of
business on March 15, 2013.

Holders of Class B Shares (Subordinate Voting) of record at the close of
business on March 15, 2013 also have a right to a priority quarterly dividend
of $0.000390625 Cdn per share.

DIVIDENDS ON PREFERRED SHARES

Series 2 Preferred Shares

A monthly dividend of $0.0625 Cdn per share on Series 2 Preferred Shares has
been paid on November 15 and December 15, 2012, January 15 and February 15,
2013.

Series 3 Preferred Shares

A quarterly dividend of $0.195875 Cdn per share on Series 3 Preferred Shares
is payable on April 30, 2013 to the shareholders of record at the close of
business on April 12, 2013.

Series 4 Preferred Shares

A quarterly dividend of $0.390625 Cdn per share on Series 4 Preferred Shares
is payable on April 30, 2013 to the shareholders of record at the close of
business on April 12, 2013.

About Bombardier

Bombardier is the world's only 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
World and North America indexes. In the fiscal year ended December 31, 2012,
we posted revenues of $16.8 billion. News and information are available at
bombardier.com or follow us on Twitter @Bombardier.

Bombardier, Challenger, CRJ, CRJ900, CS300, CSeries, FLEXITY, Flexjet, Global,
Learjet, Learjet 85, NextGen, Q400, The Evolution of Mobility and TALENT are
trademarks of Bombardier Inc. or its subsidiaries.

The Management's Discussion and Analysis and the interim consolidated
financial statements are available at ir.bombardier.com.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements, which may involve, but
are not limited to: statements with respect to our objectives, guidance,
targets, goals, priorities, our 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; our competitive position; and the expected impact of the
legislative and regulatory environment and legal proceedings on our business
and operations. Forward-looking statements generally can 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 us to make assumptions and
are subject to important known and unknown risks and uncertainties, which may
cause our actual results in future periods to differ materially from
forecasted results. While we consider our assumptions to be reasonable and
appropriate based on information currently available, there is a risk that
they may not be accurate. For additional information with respect to the
assumptions underlying the forward looking statements made in this press
release, refer to the respective Guidance and forward-looking statements
sections in Overview, Bombardier Aerospace and Bombardier Transportation
sections in the Management's Discussion and Analysis ("MD&A") of the
Corporation's annual report for the fiscal year ended December 31, 2012.

Certain factors that could cause actual results to differ materially from
those anticipated in the forward looking statements include 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 major rail operators), operational risks (such as risks
related to developing new products and services; doing business with partners;
product performance warranty and casualty claim losses; regulatory and legal
proceedings; to the environment; dependence on certain customers and
suppliers; human resources; fixed-price commitments and production and project
execution), financing risks (such as risks related to liquidity and access to
capital markets, 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 MD&A of the Corporation's annual report
for the fiscal year ended December 31, 2012. 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 our expectations as at the date of this press release and are subject
to change after such date. Unless otherwise required by applicable securities
laws, we expressly disclaim any intention, and assume 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.

CAUTION REGARDING NON-GAAP MEASURES

This press release is based on reported earnings in accordance with
International Financial Reporting Standards (IFRS) and includes measures
presented on a pro forma basis to reflect the impact of our January 2013 debt
issuance. Reference to generally accepted accounting principles (GAAP) means
IFRS, unless indicated otherwise. It is also based on non GAAP financial
measures including EBITDA, EBIT and EBITDA before special items, EBIT margin
before special items, adjusted net income, adjusted earnings per share and
free cash flow. These non-GAAP measures are directly derived from the
Consolidated Financial Statements, but do not have a standardized meaning
prescribed by IFRS; therefore, others using these terms may calculate them
differently. Management believes that providing certain non-GAAP performance
measures, in addition to IFRS measures, provides users of our consolidated
financial statements with enhanced understanding of our results and related
trends and increases transparency and clarity into the core results of our
business. Refer to the Non-GAAP financial measures and Consolidated results of
operations sections in the MD&A for definitions of these metrics. Refer to
Consolidated results of operations section and Analysis of results sections in
Bombardier Aerospace and Bombardier Transportation of the Corporation's MD&A
for reconciliations to the most comparable IFRS measures.

Contact Information

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

Shirley Chenier
Senior Director, Investor Relations
Bombardier Inc.
+514 861 9481

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Source: Bombardier Inc. via Thomson Reuters ONE
HUG#1680043

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Bombardier Inc.
800 Rene-Levesque Blvd. West Montreal, QC Canada

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