Mr. Alain Bellemare reports

BOMBARDIER TO OUTLINE STRATEGIC AND TRANSFORMATION OBJECTIVES THROUGH 2020

Bombardier Inc. will hold its 2015 investor day in New York starting at 8 a.m. ET today and review its five-year strategic objectives for its business segments and overarching transformation initiatives.

"I am very pleased to be joined today by the executive leadership team that I have introduced to you over the past several months," said Alain Bellemare, president and chief executive officer, Bombardier. "I am confident that the strength and industry experience of our management team will contribute to the achievement of the objectives outlined within our transformation and growth strategy.

"Today's discussion will provide our stakeholders with an overview of a focused and disciplined vision to further stabilize and derisk our business, solidify our liquidity, and transform our company through a transition period. These priorities will be implemented in order to successfully position our business segments for margin expansion and improved cash flow generation throughout the plan period."

Planned presentations will include: Alain Bellemare -- president and chief executive officer, Lutz Bertling -- president, transportation, Nico Buchholz -- senior vice-president and chief procurement officer, David Coleal -- president, business aircraft, Fred Cromer -- president, commercial aircraft, John Di Bert -- senior vice-president and chief financial officer, Jean Seguin -- president, aerostructures and engineering services, and Jim Vounassis -- vice-president, operations strategy and chief transformation officer.

Related presentation materials and webcast information for investor day 2015 will be available from 8 a.m. at the company's website. A replay of the webcast will also be posted on the same website later today. Details of the presentations are as shown in the table.

8 a.m. to 9:45 a.m.              Strategic imperatives                Alain Bellemare,
                                                                  president and chief
                                                                    executive officer
                             Enterprise transformation                  Jim Vounassis,
                                                           vice-president, operations
                                                                   strategy and chief
                                                               transformation officer
                            Procurement transformation                  Nico Buchholz,
                                                            senior vice-president and
                                                            chief procurement officer
                                 Financial performance                   John Di Bert
                                              Road map      Senior vice-president and
                                                              chief financial officer
9:45 a.m. to 10:15 a.m.                          Break
10:15 a.m. to 12:30 p.m.             Business aircraft                   David Coleal,
                                                         president, business aircraft
                                   Commercial aircraft                    Fred Cromer,
                                                                president, commercial
                                                                             aircraft
                                        Aerostructures                    Jean Seguin,
                                                            president, aerostructures
                                                             and engineering services
                                        Transportation                  Lutz Bertling,
                                                            president, transportation

As is its usual practice, Bombardier will provide its official guidance for the fiscal year ending Dec. 31, 2016, during its fourth quarter 2015 earnings conference call to be held in February, 2016. However, as the corporation continues to complete its assessment in preparation for its 2016 guidance, Bombardier is hereby providing directional indicators reflecting its initial view of the respective areas of performance for the 2016 fiscal year in relation to the fiscal year ending Dec. 31, 2015.

In short, 2016 will be a year of transition:

• Bombardier expects its liquidity position to be strong, driven by the previously announced investments from the Caisse de depot et placement du Quebec (CDPQ) in Bombardier Transportation and from the government of Quebec in the C series program, in each case once completed upon satisfaction of their respective conditions to completion.
• Cash usage is expected to improve as a result of Bombardier Transportation deliveries and the previously announced reset of the production rate for the Global 5000 and Global 6000 aircraft.
• The reset of the Global 5000 and Global 6000 production rates will be driving revenue down.
• Earnings before interest and taxes will be lower due to these same factors as well as from the C series program ramp-up.
• Two thousand sixteen will also be a year of disciplined execution of the Bombardier transformation plan and of its aerospace programs, positioning the corporation well to gradually rebuild earnings and cash flow toward its 2018 and 2020 objectives, as outlined in the presentation materials posted on Bombardier's website today.

Additional details, including directional indicators of 2016 performance for the corporation's business segments, will be available in the presentation materials posted on Bombardier's website today.

We seek Safe Harbor.