ELL to order up to 50 Siemens Vectron locomotives

Berlin (ots) - European Locomotive Leasing (ELL), a provider of
full-service locomotive leasing solutions to freight and passenger
operators throughout continental Europe, and Siemens announced
signing a framework contract for the order of as many as 50
state-of-the-art Siemens Vectron locomotives. The first locomotives
are bindingly ordered and will be delivered immediately. The
additional locomotives will be delivered from 2014 through 2016 and
allow ELL to satisfy the demand from its expanding customer base.

Christoph Katzensteiner, CEO of ELL, said: "The modern and
versatile Vectron locomotives are particularly well suited to the
European market and are proving to be very popular with our lessees.
In particular, we are pleased about their built-in European Train
Control System (ETCS), which allows seamless domestic and cross-
border traffic. This order exemplifies ELL's mission of providing
customers with a full-service package of best-in-class technical
performance and operational support."

Michael Reichle, CEO of the Siemens Locomotives and Components
Business Unit, said: "This order demonstrates in an impressive manner
the flexibility of the Vectron platform concept. It enables us to
offer the right modular-designed locomotive with border-crossing
capability for every traction task and area of application."

The order is for AC locomotives and for multi-system locomotives.
The AC units are intended for border-crossing traffic in Austria,
Germany and Hungary. The multi-system units can be deployed in
border-crossing traffic not only in Austria, Germany and Hungary, but
also in Poland, the Czech Republic and the Slovak Republic. In
addition to the national train control systems, each locomotive is
equipped with ETCS. The locomotive comes with a maximum output rating
of 6400 kW and is built for a top speed of 160 km/h. It is already
wired to accommodate other train control systems.

The locomotive leasing sector in Europe benefits from highly
attractive market dynamics that ELL is well placed to capitalize on.
These include rail traffic liberalization and promotion across the
continent, the growing prominence of private rail operators more
likely to favor leasing rather than owning locomotives, and an
improving macroeconomic outlook.

ELL is led by a team of highly experienced rail professionals
based in Austria and Germany. The company is supported by KKR, a
leading global investment firm that provides long-term capital from
its global infrastructure fund.

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This press release and a press picture are available at
http://www.siemens.com/press/pi/ICRL201403010e

European Locomotive Leasing (Vienna, Austria and Munich, Germany)
is a rolling stock company that purchases locomotives - the railway
vehicles that provide the motive power for trains - and leases them
to freight and passenger operators throughout continental Europe. ELL
provides a full-service package to its customers, including
locomotive maintenance and management services. ELL's fleet is
composed of economical, safe and environmentally sound electric
locomotives fully equipped with the latest European Train Control
System, enabling its customers to use ETCS rail tracks along the
continent's major rail corridors. For additional information, please
visit ELL's website at www.ell.co.at.

The Siemens Rail Systems Division (Berlin, Germany) is an
international leader in providing rolling stock and related services.
Its portfolio covers the full range of vehicles - from railroad cars
to metros and locomotives to trams and light-rail vehicles. The
Division combines competence in the areas of local, long-distance,
and logistical transport to offer comprehensive expertise for
environmentally friendly, efficient, and reliable rail vehicles,
which are already in use in more than 40 countries. For more
information, visit http://www.siemens.com/rail-systems

Contact:
Siemens AG
Ellen Schramke, Tel.: +49 30 386 22370
E-Mail: ellen.schramke@siemens.com

ELL:
HERING SCHUPPENER Consulting
Dominik Veit, Tel.: +49 69 9218 7487
E-Mail: dveit@heringschuppener.com