Pfleiderer track systems Opens New Sleeper Plant

Neumarkt / Kirchmöser, October 7, 2003 - Pfleiderer track systems,
an 100 percent affiliate of SDAX-listed Pfleiderer AG, is opening a new
sleeper plant at Brandenburg-Kirchmöser. Accompanied by numerous
personalities from politics, industry and society, Federal Minister for
Transport, Construction and Housing Dr. Manfred Stolpe will be symbolically
starting up a new production line for the production of turnout

Federal Transport Minister Dr. Manfred Stolpe Starts New Production Line:

* Cooperation with local BWG turnout plant on site strengthens logistic
synergies and improves delivery performance.
* Bundling know-how in rail-related technologies, plants and products at
the new Rail Technology Competence Center (BCC).

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.