Singapore’s LTA Orders 132 Subway Cars

Tokyo, May 7, 2009 — Kawasaki Heavy Industries, Ltd. announced today that it has been awarded a 22 billion yen contract along with Kawasaki Heavy Industries (Singapore) Pte. Ltd. (KHI-SIN) and CSR Qingdao Sifang Locomotive and Rolling Stock Co., Ltd (Sifang) from the Land Transport Authority (LTA) of Singapore. The three companies will work together to supply 132 Electric Multiple Unit (EMU) train cars to Singapore’s Mass Rapid Transit (MRT) system.

Kawasaki will be responsible for the overall project as well as design and manufacturing of bogies in addition to procurement of primary components. Sifang will be in charge of manufacturing, final fitting and assembly of complete EMUs as well as factory testing. KHI-SIN will be responsible for depot delivery of complete EMUs plus on-site testing and commissioning. The new EMU trains are scheduled to be delivered between 2011 and 2012. These new trains will be deployed on the Singapore MRT’s existing North-South / East-West Lines where they will increase rider capacity.

Kawasaki supplied Singapore’s MRT with 396 EMU train cars between 1986 and 1989, in addition to another 126 cars between 1999 and 2001. The Singapore LTA awarded this latest contract in light of Kawasaki’s project management capability, excellent delivery track record, quality and performance of its EMU trains, on top of the competitive tender proposal submitted by Kawasaki, KHI-SIN and Sifang.