TALGO INTERNATIONAL PROJECTS ABOUT US

■ Established in 1942  Over 70 years manufacturing , maintenance equipment and providing maintenance services ■ Standard and customized applications ■ Unique technology ■ 100% compliance with all deliveries ■ Safety record

• Leading company in the Spanish railway sector • Acknowledged international industrial presence worldwide for its capacity for INNOVATION, quality, reliability and added value of its products and services OUR BUSINESS

TRAINS MAINTENACE EQUIPMENTS MAINTENANCE SERVICES WORLDWIDE

FACILITIES INTERNATIONAL Álava (Rivabellosa) Kazakhstan (Astana, Almaty) COUNTRIES IMPLEMENTING TALGO PROJECTS Madrid (Matas I, Matas II, USA (Wisconsin, , (ALL BUSINESS AREAS)” Fuencarral, Santa Catalina II) , Miami)

OFFICES AND MAINTENANCE WORKSHOPS Malaga (Malaga) Germany (Berlin) Barcelona (Can Tunis, San Andres) Bosnia & Herzegovina(Sarajevo) MANUFACTURING PLANTS REPRESENTATION OFFICES Sao Paulo (Brazil) New Delhi (India) OUR PRODUCTS PORTFOLIO

Very High Speed

High Speed

Intercity

Locomotives TALGO TECHNOLOGY

THE BEST IN:

■ WEIGHT ■ NOISE POLLUTION ■ ECO-FRIENDLY ■ ACCESIBILITY (550mm-760mm) ■ INTERIOR SPACE ■ NUMBER OF AXLES PER TRAIN ■ FLEXIBILITY ■ SPEED ON CURVES ■ ACCELERATION CAPACITY

ONE OF THE BEST IN:

■ ENERGY CONSUMPTION PER SEAT ■ RUNNING QUALITY AND DYNAMIC BEHAVIOUR ■ CONFORT FOR THE PASSENGERS ■ ADDED VALUE SERVICES: MAINTENANCE ■ OPERATION AND MAINTENANCE COSTS ■ IMPACT ON INFRAESTRUCTURE TALGO TRAINS ROUTES

SPAIN AND EUROPE Long distance, Intercity and International services SPAIN High Speed

KAZAKHSTAN UZBEKISTAN BOSNIA & UNITED STATES ARGENTINA HERZEGOVINA TALGO HIGH SPEED TRAINS

TALGO 350 : THE NUMBER ONE AVE TRAIN IN SPAIN

• 50% market share in Spain’s Very High Speed segment (AVE) • More than 30,000,000 km. • More than 68 different services per day in Spain. • 46 trains currently in operation in Spain. • Commercial speed 330 km / h. • In 2010 - Talgo presents a new version of the Talgo 350, S-112. Significant improvements in services, capacity, accessibility and energy efficiency TALGO HIGH SPEED TRAINS

TALGO 250 : INTEROPERABILITY AT YOUR SERVICE!

• High-speed train with dual voltage and system • In commercial operation since 2007. • More than 60 different services per day. • Currently 45 units in operation in Spain. • Speed: 250 km/h. TALGO HIGH SPEED TRAINS

TALGO 250 DUAL : ADAPTABLE TO ANY INFRASTRUCTURE

• Unique train in the Intercity/High Speed segment • Travels with electric and diesel traction. • Speed of 250 km / h • Commercial service in Spain will start next 17 of June 2.012. TALGO RECENT PROJECTS TALGO 250 "AFROSIYOB“: FIRST HIGH SPEED TRAIN IN CENTRAL ASIA

•Pioneer project - First high-speed train in Central Asia. •The trains cover the line Tashkent-Samarkand (345 km). •Important reduction of travel time - 2 hours 30 minutes vs more than 3 hours with conventional trains •July 2011 - Tests in Uzbekistan- high speed record in Central Asia (255 km / h). •October 2011 – Starts commercial service between Tashkent & Samarkand. TALGO RECENT PROJECTS

KAZAJSTAN : TALGO TECHNOLOGY REDUCES JOURNEY TIME IN 9 HOURS WITHOUT ANY INVESTMENTS ON INFRASTRUCTURE.

•December 2001 A Talgo 6-car modernized train is delivered to Kazakhstan Temir Zholy. • January 2003 two Talgo 20 car trains were delivered to Kazakhstan starting commercial services between Astana and Almaty. •July 2010 A Joint Venture named Tulpar Talgo is formed between KTZ and Talgo for the local manufacturing of passenger cars in the Republic of Kazkhstan. •November 2010 First order of 420 Talgo passenger coaches to the Tulpar Talgo Joint Venture is placed by KTZ •December 2011 Tulpar Talgo new manufacturing plant opening in Astana. TALGO RECENT PROJECTS

RUSSIA, A BRIDGE BETWEN RUSSIA AND EUROPE

• 2011 - Talgo and Russian Railways (RZD) sign contract for the supply of last generation passenger trains. Contract include design, manufacture and approval of: . 3 trains - route Moscow - Berlin with variable gauge system Talgo RD. . 4 trains to cover the route Moscow - Kiev. • First Spanish export project of a variable gauge train • Talgo intends to set up a base in Russia to carry out maintenance services in collaboration with RZD. TALGO RECENT PROJECTS

TALGO BOSNIA & HERZEGOVINA, CONNECTING THE BALKAN COUNTRIES

• 2006 - Railways of Bosnia & Herzegovina (ZFBIH) signed a contract with Talgo for the supply of 9 compositions Talgo S- 7 passenger coaches + maintenance equipment

• 2010 - Delivery of the first train and beginning of the tests.

• The objective of the contract is to improve the connection of the main cities of the Balkans (Zagreb, Ljubljana, Sarajevo, Belgrade, Mostar and Ploce).

Start of commercial service: 2012 • More than 40 years contributing to the development of the U.S. rail system

1995 April-with the reopen of the traffic between the city´s of Seattle (Washington) - Vancouver (British Columbia, Canada) began the service of the Talgo Pendular 200 which was on a daily trip between Seattle-Vancouver- Seattle (the "Cascades Corridor") . April 1996 - Resumption of Service Seattle - Portland - Seattle, keeping the service Seattle - Vancouver - Seattle. July 1996 - Signing of Contracts for the purchase of two trains TP 200 by the Department of Transportation, Washington State and another train by . October 1997 - With the arrival in Seattle (WA) of the first structures of couches shipped from Spain, the United States started the manufacturing activities in the Talgo Pendular couches. Since 1998 – an Offices and a maintenance base in Seattle. In addition, Talgo has a Representative Office in Washington DC Diciembre 1998 - Delivery to WSDOT and Amtrak two trains TP200 February 2 July 2009 - Sale of tree Talgo compositions (new series 8 coches): one for the State of Oregon (linking Eugene and Vancouver) and two for the "Midwest Corridor" (between Milwaukee and Chicago). November 2010 - Opening of the Talgo plant in Wisconsin.

Talgo USA SERIE 8

TALGO SERIE 8, THE NEW TRAIN FOR THE USA MARKET

• 2009 - Sale of two Talgo compositions (new series 8 COACHES ): one for the State of Oregon (Eugene linking and Vancouver) and two for the "Midwest Corridor" (between Milwaukee and Chicago).

• 2010 - Opening of the Talgo WORKSHOP in Wisconsin.

• 2011 - 2012 – Delivery of the compositions HARAMAIN" TALGO 350: THE HIGH-SPEED TRAIN LINKING MECCA AND MEDINA BY TALGO

•October 2011 - Spanish consortium wins the largest rail contract awarded of the moment, called "TRAIN OF PILGRIMS. •Spanish Consortium is integred by Talgo and other 12 companies. •The project is based on Talgo technology and consolidates the company as a world leader in the exportation of High Speed Spanish model. •The Haramain High Speed ​​Railway will be a high-speed line of 450 miles, linking the cities of Medina and Mecca. • It is estimated the trains will have an average occupancy of 166,000 passengers per day. AVRIL: The Future of High Speed by Talgo has arrived!

OUR BUSINESS

TRAINS MAINTENACE EQUIPMENT MAINTENANCE SERVICES TALGO MAINTENANCE EQUIPMENT

Talgo know-how is also used for the development of maintenance equipment for railway vehicles

Underfloor Wheel Lathes

4112 3112 2112

EVA DSR SHUNTING CARS MANUAL GAUGES

OUR BUSINESS

TRAINS MAINTENACE EQUIPMENTS MAINTENANCE SERVICES TALGO MAINTENANCE SERVICES

■ World-wide pioneer as a rolling stock designer and manufacturer company providing maintenance services to Railway Operators

■ Complete technological cycle: design, manufacturing, maintenance

Reliability and Fiability - Talgo 2007

Trains operated by RENFE DB Temir Zholy AMTRAK

Availability in operation 99,99% 99,99% 99,71% 99,95%

Reliability 99,86% 100% 98,35% 99,79% TALGO MAINTENANCE SERVICES

Manufacturing

On-board operation

Maintenance TALGO MAINTENANCE SERVICES

Integrated service concept

■ Maintenance engineering

■ Maintenance management system

■ Cleaning service

■ Maintenance of the facilities

■ After-sales service

■ Remodelling TALGO MAINTENANCE SERVICES

• Reliability centered Maintenance. • Anticipate the mistakes by • Scheduled. evaluating the state of the • Maintenance costs • Inspections based on machine. Optimization. components wear and life • Preventive diagnosys by • To repair when expectation. • Recurrent process. failure happens Thermography, Ultrasonics, oil • Weak point based on the analysis etc. average time between fails. GRAZIE MILLE !!