03-01-2002

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			Press 2002

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	For the trade press

	Siemens to supply the first subway system for Bangkok

	Berlin, Jan 03, 2002

	The Bangkok Metro Corporation Limited (BMCL) and Siemens Transportation Systems (STS) have signed an agreement for the supply and maintenance of the first subway system of the Thai capital Bangkok. The project which is to be fully financed by Thai banks has a total value of EUR350 million. The delivery time for the subway cars and infrastructure is approximately 30 months. With this second large turnkey project in Bangkok, Siemens Transportation Systems (TS) consolidates its position in the Thai capital. The project includes the supply of 19 three-car units and the complete infrastructure - signalling, power supply, communications and depot equipment - as well as the project management and the maintenance of the subway system over a ten-year period. The length of the new subway line in Bangkok will be roughly 20 kilometers, connecting 18 metro stations in the Thai capital. Siemens AG Corporate Communications Press Office D-80312 Munich Germany Information number: TS TR 200112.010 e Press Office Transportation Systems Eberhard Dombek P.O. Box 3240, D-91050 Erlangen, Germany Tel.: +49-9131-7 20238; Fax: -7 24598 E-mail: eberhard.dombek@ts.siemens.de

The Transportation Systems Group (TS) of Siemens AG is one of the leading international suppliers to the railways industry. As single source supplier and system integrator, the Group combines in its business segments Automation & Power, Rolling Stock, Turnkey Systems and Integrated Services all the expertise necessary to cover the spectrum from signaling and control systems to traction power supplies, as well as rolling stock for mass transit, regional and main line services. Extensive experience in project management and forward-looking service concepts complement our portfolio. In fiscal 2001 (ended September 30) TS generated sales of €4.0 billion with a staff of around 14,800 the world over. Earnings before interest, tax and goodwill amortization (EBITA) amounted to €186 million. Further information on TS can be found at www.siemens.com/ts.

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