Transdev Acquisition Creates Fourth Largest Public Transportation Group in Europe

    MONTREAL, July 5 /CNW Telbec/ - On 2 July, the Dutch Ministry of Finance
and the Transdev-BNG consortium announced the privatisation of Connexxion, the
leading passenger transport operator in the Netherlands. Launched in
November 2006 by the Dutch state, the tender process, which involves 66.67 %
of the share capital of Connexxion, was awarded to the Transdev-BNG
    The Transdev-BNG consortium (75% Transdev and 25% BNG, bank of the local
authorities in the Netherlands) won the tender in which the main European
passenger transport companies took part. During an initial phase, the Dutch
state will retain the remaining 33.33%, with the provision of an option to
sell to the purchaser over the next five years.

    Transdev is now ranked 4th among private operators in Europe

    With almost 18,000 vehicles dedicated to passenger transport, this new
body becomes one of the worldwide leaders of transport by bus, tram systems,
metros, trains and river shuttles as well as on-demand transport. It manages a
business worth CAN $ 4.3 billion.
    The complementary strengths of the two groups will allow them to optimise
the quality of service of the offer and continue the modernisation of the
sector through their efforts in terms of research and innovation, at the
service of their passengers, in the Netherlands as well as in all networks
managed by Transdev.

    Closing of its transaction with Quebec-based Limocar establishes
Transdev's Canadian presence

    Transdev also is pleased to announce the closing of its transaction with
Limocar Inc., one of the leading bus companies in Quebec. The acquisition,
announced on March 29, 2007, is Transdev's first entry into the Canadian
transportation market.



    TRANSDEV, a subsidiary of Caisse des Dépôts, is one of Europe's largest
public transportation operators.
    With 12 tram networks (Grenoble, Madrid, Melbourne, Montpellier,
Mulhouse, Nantes, Nottingham, Orléans, Strasbourg, Tenerife, Valenciennes,
Utrecht), 2 in the planning stage (Edinburgh, Reims), and 2 subway systems in
operation (Porto, Genoa), TRANSDEV is a world leader in the market.
    Transdev is present in Germany, Australia, Canada, Spain, France, Great
Britain, Italy, the Netherlands, and Portugal.
    The Group manages a fleet of 17,000 buses and coaches, 1,027 tram
vehicles, 92 subway cars, 27 rail vehicles, and 34 passenger ferries.
    It has more than 42,000 employees, including 13,000 in France.
    In 2007 it posted 3 billion euros in annual sales.


    Limocar operates 320 vehicles with the capacity to transport four million
passengers a year, and has 435 employees. It provides public transport service
to over 40 municipalities through contracts with the CIT de la Vallee du
Richelieu and CIT Laurentides. It operates the Montreal-Sherbrooke intercity
route providing daily bus service to about 15 municipalities in the Eastern
Townships region. Limocar has been engaged in the transportation of school
children for close to 25 years. It operates about 130 routes, throughout
Quebec, and it is one of the leading school bus transporters in southwestern
Montreal and the Sherbrooke areas.

For further information:

For further information: Press Contact Canada: Laird Greenshields, Morin
Public Relations, (514) 289-8688 extension 221, Toll free: 1 877 289-7007,; Press Contact France: Marie-Catherine Beaudoux, TRANSDEV,
+33 (0)1 41 09 23 15, +33 (0)6 80 08 41 36,; Source: TRANSDEV / Limocar

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