Rotterdam Metro Selects GE Transportation for Signaling and Communications Project

Largest Rail Signaling Project in GE History Also Companys First Full-Scale European Metro Project

ROTTERDAM, Netherlands--()--GE Transportation, a unit of the General Electric Company (NYSE: GE), announced today that it has been awarded a 62 million contract from Rotterdam Metro to modernize its signaling and communications system.

A part of Rotterdamse Elektrische Tram (RET), the main public transport operator in Rotterdam, Rotterdam Metro manages more than 55 Km of double track rail lines and 48 stations distributed across two main lines that serve more than 88 million passengers annually.

A complete, cost-effective signaling and communications system, the project will upgrade relay-based equipment that is up to 40 years old to increase efficiency and ensure continued safety of passengers. The project will utilize proven rail signaling technology that delivers similar results to more expensive signaling systems on the market today. Scheduled to begin in spring 2009, work on the project will occur in four-hour increments overnight to avoid disruption of traffic.

The contract is the largest rail signaling project in GE history and its first full-scale European metro project. GE Transportation Global Signaling has seen rapid global expansion with recent project wins in China, Brazil, Italy and Canada.

RET is well known for its reliability and safety. This deal will allow passengers to remain confident in our ability to transport them safely and conveniently for the long future, said Pedro Peters, CEO of RET. GE Transportations proof of past performance in other global metro markets, proven technology and creative migration plan will ensure a successful project.

We are extremely pleased to have the opportunity to work with Rotterdam Metro to upgrade their signaling systems, said Pierre Comte, President GE Transportation Global Signaling. The outcome of this tender provides further confirmation of the potential impact of our signaling technology for rail networks in Europe.

Included in the deal are GEs interlocking control equipment, audio frequency track circuit, and cab control products. GEs interlocking system provides control of power switch machines and lighting of signal lamps, replacing relays at railroad crossings. GEs track circuit platform brings state-of-the-art electronic technology with packaging, electronics and software together to detect the presence or absence of a train on a section of track, and GEs cab control products will act as the onboard rail communications hub.

Headquartered in Paris, France, GE Transportations Global Signaling business has installed rail equipment throughout Europe. With innovations from technology centers around the globe, including Florence, Italy, GE Transportation Global Signaling offers train inspection systems, train connection performance solutions, velocity improvement products and complete signaling and train control systems.

The agreement with RET follows GE Transportations 12 million signaling contract to install its SSC automatic train protection system on the rail network of FERROVIENORD in Italy. FERROVIENORD manages more than 320 Km of rail lines and 120 stations distributed across five main lines that serve the metropolitan area of Milan and the provinces of Varese, Como, Novara and Brescia. The regional and suburban transport service LeNORD operates more than 800 trains on the network daily and carries more than 52 million passengers annually. The SSC system provides the train with a comprehensive set of information needed to ensure safe speed and distance. In addition, Italian Railway infrastructure management group RFI utilizes SSC on more than 5,000 Km of its rail lines.

About GE - Transportation

Established more than 100 years ago, GE Transportation, a unit of General Electric Company (NYSE: GE), is a global technology leader and supplier to the railroad, marine, drilling, mining and wind industries. GE provides freight and passenger locomotives, railway signaling and communications systems, information technology solutions, marine engines, motorized drive systems for mining trucks and drills, high-quality replacement parts and value added services. With sales in excess of $4.5 billion, GE - Transportation is headquartered in Erie, Penn., and employs approximately 10,000 employees worldwide. For more information visit www.getransportation.com.

About RET

RET, founded in 1878 as RTM (Rotterdamsche Tramweg Maatschappij), is the public transport company servicing the Rotterdam Rijnmond region in the south of the Netherlands. Its origins of horse-drawn and steam trams quickly expanded to include a synchronized network of metro, bus and electric tramlines and it now provides service to 160 million travellers a year. On 1st May 2008, the network expanded to include a fast ferry transport service. RET also serves as the Dutch pilot scheme for the OV Chipkaart (an electronic ticketing smart card) that will be implemented throughout the Netherlands in the near future. Substantial investments are also being made in new vehicles, whilst the construction of the first large-scale lightrail system in the Netherlands, RandstadRail, in which the RET is a participant, is well under way.

Contacts

GE Transportation:
Stephan Koller, +1-814-875-3457 (office)
stephan.koller@ge.com
or
RET:
Lieke Janssen, +31-625-068-062
ljanssen@ret.nl

Contacts

GE Transportation:
Stephan Koller, +1-814-875-3457 (office)
stephan.koller@ge.com
or
RET:
Lieke Janssen, +31-625-068-062
ljanssen@ret.nl