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, 2004 to the shareholders of record at the close of business on May 14, 2004.

Holders of Class B shares (subordinate voting) of record at the close of business on May 14, 2004, also have a right to a priority dividend at the rate of $0.0015625 per share per year, payable in quarterly instalments of $0.000390625. The first of four instalments of $0.000390625 per share will be paid on May 31, 2004.

About Bombardier
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2004, were $21.3 billion Cdn and its shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F). News and information are available at www.bombardier.com.

For information:

Dominique Dionne
Vice President, Communications
+(514) 861-9481