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Siemens Announces New Light Rail Orders

          Repeat Orders from Existing Customers Affirm Satisfaction

    SACRAMENTO, Calif., May 23 /PRNewswire-FirstCall/ -- Siemens
Transportation Systems, Inc. (STS) announced today three new orders for light
rail vehicles (LRVs).  The orders come to STS from existing customers.  In
all, a total of 36 new LRVs were ordered by the transit agencies for St.
Louis, Houston, and San Diego.  The three orders total more than $95 million.
    St. Louis' Bi-State Development Agency has announced the award of 22 new
SD460 vehicles for the expansion of its MetroLink system into St. Louis
County.  Opened in 1993, the system currently utilizes 31 SD400 LRVs and 34
SD460 LRVs.  The SD460 accommodates 72-seated passengers with room for an
additional 106 standees.  Delivery of these vehicles is expected to begin in
2004.  This is Siemens' fourth vehicle order from Bi-State making it Siemens'
second largest LRV customer in the U.S.
    For Houston, Siemens will provide an additional three S70 LRVs to
supplement the original order for 15 LRVs of the same design.  The Houston
Metro project is a 7.5-mile starter line that will connect downtown Houston
with Reliant Park.  Siemens is the prime contractor for the supply of systems
elements in the fast track project scheduled to begin revenue service in 2004.
The newest member of the Siemens vehicle family, S70 is a 70% low-floor light
rail vehicle capable of carrying over 200 passengers at 66 mph.
    Eleven new S70 low-floor light rail vehicles also have been ordered by San
Diego's Metropolitan Transit Development Board to operate on the existing San
Diego Trolley system along with 123 Siemens LRVs already in revenue service
there.  The new vehicles for San Diego will differ from the Houston S70 fleet
in terms of vehicle length and passenger loading.  The new San Diego vehicles
are designed to operate in chorus with the existing Siemens-built vehicles.
Delivery of the eleven new vehicles is expected in time for the opening of the
Mission Valley East extension in late 2004.  The extension will go through San
Diego State University to the existing Orange Line in La Mesa.  With 123
existing vehicles, San Diego is Siemens' largest light rail customer in the
U.S.
    Oliver Hauck, president and CEO of STS, said, "We are happy to be working
further with these three wonderful cities.  Through our partnerships in the
past we have committed ourselves to the mission of moving people safely and
efficiently.  These new repeat orders affirm that we at Siemens are delivering
the best possible transit vehicles while each respective transit agency
continues to positively effect their ridership."
    Siemens is the leading supplier of light rail vehicles in North America,
with some 700 rail vehicles in operation or on order.  Its mass transit
vehicle manufacturing and assembly facilities are located in Sacramento and
Carson, California.  Siemens is also a leading supplier of electrification,
signaling, and communications systems for mass transit and mainline
applications.  Siemens maintains division headquarters in Cedar Rapids, Iowa;
Lake Oswego, Oregon; New York; and Sacramento.  Worldwide, the Transportation
Systems Group (TS) of Siemens AG is a leading international supplier to the
railway industry.  As single source supplier and system integrator, the Group
combines automation & power, rolling stock, turnkey systems, and integrated
services expertise to cover the complete spectrum of rail needs.
    Siemens AG (NYSE: SI), headquartered in Munich, is a leading global
electronics and engineering company.  It employs some 450,000 people in
193 countries, and reported worldwide sales of more than $74 billion in fiscal
2001 (10/1/00 - 9/30/01).  The United States is Siemens' largest market with
nearly 80,000 employees and sales of $18.9 billion for fiscal 2001.  For more
information about Siemens in the U.S., go to http://www.usa.siemens.com.



SOURCE Siemens Transportation Systems, Inc.




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    CONTACT:
    Jeffrey Puma of Siemens Transportation
    Systems, Inc., +1-916-646-2355, or jeffrey.puma@siemens.com