Pfleiderer AG to supply "Solid Track System" for new Dutch High-Speed Rail Link

Neumarkt, 11. Juni 2003 - Over the next three years, SDAX-listed
Pfleiderer AG (ISIN DE0006764749) will be directly involved in the planning
and construction of the new high-speed rail link HSL-ZUID / NL to
run between Amsterdam and the Belgian border. In particular, Pfleiderer
track systems will be supplying its innovative sleeper systems, based on
its patented "Solid Track" technology RHEDA 2000® for the link which is
around 88 kilometer long. A joint venture agreement between Pfleiderer
track systems and the Dutch Royal BAM Group, Bunnik, responsible for
construction for the project, was signed today, Wednesday, 11 June

International Success for Pfleiderer track systems

* Pfleiderer AG wins order worth around 80 million euros to supply
280,000 sleeper systems and engineering services
* Exclusive joint venture with Dutch construction group Royal BAM N.V.
during planning and construction phases
* Decision to order Pfleiderer's patented technology an important signal
for further international projects.

About the PCM RAIL.ONE Group

The PCM RAIL.ONE Group has been manufacturing concrete sleepers and track systems for urban transit and long-distance rail transportation for over 60 years. The technology leader also offers its expertise in the fields of engineering and plant construction. Its customer-driven innovations fulfill the highest quality standards and are installed around the world

The PCM RAIL.ONE Group is comprised of several companies and eleven production facilities with a presence in Germany, Romania, Saudi Arabia, Spain, South Korea, Hungary, Turkey, the United States, and India. It maintains annual capacities of over 5 million track sleepers and 750,000 linear meters of turnout sleepers.