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Bombardier Completes Redemption of its 7 1/4% Senior Notes Due 2016

MONTREAL, QUEBEC -- (Marketwired) -- 05/06/14 -- Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) today announced that it has redeemed, as set forth in the notice of redemption issued on April 4, 2014 (the "Notice"), all of its 7 1/4% Senior Notes due 2016 (CUSIP: 027398910 / ISIN: XS0273989102 (Reg. S) / CUSIP: 027398839 / ISIN: XS0273988393 (144A)) (the "Notes").

Bombardier redeemed the Notes using a portion of the net proceeds of its previously completed private offering of 4.75% Senior Notes due 2019 and 6.00% Senior Notes due 2022.

Notes that have not yet been surrendered to the paying agent under the indenture governing the Notes should be so surrendered in accordance with the terms of the Notice, as soon as possible to facilitate prompt payment. The redemption price will be paid promptly following the later of the date hereof and the time of surrender of the Notes in accordance with the terms of the Notice.

This press release does not constitute an offer to buy or sell or the solicitation of an offer to sell or buy any securities in any jurisdiction.

The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the securities laws of any other jurisdiction, and may not be offered or sold in the United States or to a U.S. person absent registration under, or an applicable exemption from the registration requirements of, the Securities Act. The securities mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws.

This press release includes forward-looking statements, which are based on current expectations. 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 those set forth in the forward-looking statements. 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 regarding these risks and uncertainties, and the assumptions underlying the forward-looking statements, 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") in Bombardier Inc.'s annual report for the fiscal year ended December 31, 2013.

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

Contacts:
Isabelle Rondeau
Director, Communications
Bombardier Inc.
+1 514-861-9481

Shirley Chenier
Senior Director, Investor Relations
Bombardier Inc.
+1 514-861-9481
www.bombardier.com

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