Transportation Solutions Business Unit

The orders acquired at 31 December 2011 came to EUR 1,256.1 million compared with EUR 1,142.8 million at 31 December 2010. The order backlog came to EUR 3,442.3 million from EUR 2,721.5 million at 31 December 2010.
The significant events of 2011 for the various geographical areas are outlined below.

ITALY
In Italy, the overall amount of orders acquired at 31 December 2011 amounted to more than EUR 120 million. The most important acquisition, for more than EUR 105 million, relates the extension of Line 5 of the Milan Metro (south-westbound extension from Garibaldi to San Siro).
The line will extend for a further 7 km with 10 new stations. Ansaldo STS technology will be used on the fully driverless system.

Projects under way include the award of the tender – under Project Financing – for Line 4 of the Milan Metro (S. Cristoforo-Linate) to the Grouping of Impregilo (leading company), Astaldi, Ansaldo STS, AnsaldoBreda, Sirti and ATM Milano.
The concession agreement and the loan agreements will be effective, hopefully in a short time, after the competitors have filed their appeals.

REST OF EUROPE
Generally, the global macroeconomic scenario is still affected by the financial crisis that caused many projects to be delayed, in particular in the Eastern European area, where the development programmes driven by the European Community do not seem adequate to fully finance the major expansion projects for the transport networks of some capital cities.

In Denmark, as part of the contract formerly acquired for the Copenhagen Cityringen driverless metro, the customer decided to give the order for trains to Ansaldobreda through Ansaldo ATS, which is in charge of the construction and integration of all the technological works. This allowed an order for a further EUR 120 million.

NORTH AFRICA AND THE MIDDLE EAST
During the period there were no new acquisitions, but several promotion and offering activities were initiated, especially in Qatar, which isone of the countries with the most ambitious infrastructure development plans, such as Saudi Arabia.

ASIA – PACIFIC
The amount of the orders acquired in Australia in this business segment was more than EUR 151 million, all deriving from the master agreement made with the mining company Rio Tinto for the technological equipment of new and existing railway lines to transport iron ores from the Pilbara region in Western Australia to the ports along the coast.

In Indiaconsideration is being givento possible partnerships with local contractors in order to take part in future tenders.

NORTH AMERICA
The most important event of the year is undoubtedly the signing of the contract for the construction of the Honolulu Metro.
In November 2011 Ansaldo Honolulu Joint Venture, the consortium formed by Ansaldo STS and AnsaldoBreda, signed with HART (Honolulu Authority for Rapid Transportation) a contract for the construction of the technological part and for the supply of the new driverless metro trains in the City of Honolulu (Hawaii). The contract, worth USD 1,334 million overall, covers the designing, construction, operation and maintenance of the new driverless metro line in Honolulu, which will be 32 km long entirely on flyover tracks along 21 stations. Ansaldo STS share amounted to EUR 841.8 million. The designing and construction of the full line will have a duration of 8 years, the operation and maintenance of the line will commence in 2015 for the first functional section, and in 2019 throughout 2029 for the entire line. Performance of O&M for the years 2025 - 2029 for an amount of EUR 224.7 million will be checked by the customer.

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