Bombardier Inc. Dividends

The Board of Directors of Bombardier Inc. declared the following dividends:

Class A and Class B Shares
A dividend of $0.0225 per share on the Class A shares (multiple voting) and of $0.0225 per share on the Class B shares (subordinate voting) is payable on May 31, 2003 to the shareholders of record at the close of business on May 16, 2003.

Holders of Class B shares (subordinate voting) of record at the close of business on May 16, 2003, who have a right to a priority dividend at the rate of $0.0015625 per share per year, payable by quarterly instalments of $0.00039075, will receive the first instalment of $0.00039075 per share on May 31, 2003.

Bombardier Inc., a diversified manufacturing and services company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montréal, Canada, the Corporation has a workforce of some 75,000 people in 25 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2003 stood at $23.7 billion Cdn. Bombardier trades on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

For information:

Dominique Dionne
Vice President, Public Relations and Communications
(514) 861-9481