Bombardier Inc. dividends

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

Class A and Class B Shares

A dividend of $0.0225 Cdn per share on Class A Shares (Multiple Voting) and of $0.0225 Cdn per share on Class B Shares (Subordinate Voting) is payable on Jan. 31, 2005 to the shareholders of record at the close of business on Jan. 14, 2005.

Holders of Class B Shares (Subordinate Voting) of record at the close of business on Jan. 14, 2005 also have a right to a priority dividend at the rate of $0.0015625 Cdn per share per year, payable in quarterly instalments of $0.000390625 Cdn. The fourth of four instalments of $0.000390625 Cdn per share will be paid on Jan. 31, 2005.

Series 3 Preferred Shares

A quarterly dividend of $0.34225 Cdn per share on Series 3 Preferred Shares is payable on Jan. 31, 2005 to the shareholders of record at the close of business on Jan. 14, 2005.

Series 4 Preferred Shares

A quarterly dividend of $0.390625 Cdn per share on Series 4 Preferred Shares is payable on Jan. 31, 2005 to the shareholders of record at the close of business on Jan. 14, 2005.

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 $15.5 billion US 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
+1 514 861-9481
www.bombardier.com