Mitsubishi Electric to Supply Electric Railcar Equipment for Sao Paulo Metropolitan Train Line 8

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has received an order worth approximately four billion yen for electric equipment to be used in railcars operated by Brazil's Companhia Paulista de Trens Metropolitanos (CPTM), or Sao Paulo Metropolitan Train Company. The order was received from Construcciones y Auxiliar de Ferrocarriles, S.A. (CAF), a Spanish railcar manufacturer. Deliveries will begin in January 2011, prior to the introduction of new railcars on CPTM's Line 8 in April 2011.

As part of Brazil's effort to upgrade railways and other public infrastructure leading up to the 2014 FIFA World Cup and the 2016 Summer Olympic Games, the CPTM is introducing new trains on Line 8 to improve service quality and expand transportation capacity.

CAF will manufacture 36 eight-coach trains and Mitsubishi Electric will supply electric equipment for all 288 railcars of these trains. The equipment will include traction motors and propulsion-control systems with variable voltage variable frequency (VVVF) inverters, with the two components also functioning as energy-saving regenerative braking systems.

"Mitsubishi Electric has already delivered electric equipment for approximately 400 railcars on CPTM's Lines 7, 9 and 12. We have filled numerous orders for electric railcar equipment not only in Japan, but in many other countries as well," said Takaaki Kukita, general manager of Mitsubishi Electric's Public Utility Systems Overseas Marketing Division. "Like other railcar manufacturers, CAF selected Mitsubishi Electric for its broad experience, technology and high product quality."

Mitsubishi Electric is continuing to strengthen its global business for railway transportation systems equipment, aiming to double current annual overseas sales to 230 billion yen by the fiscal year ending March 2016.

Mitsubishi Electric's Electric Railcar Equipment Business

In addition to Itami Works and Nagasaki Works, the two mother factories in Japan, Mitsubishi Electric manufactures electric railcar equipment at several overseas sites for global markets:

• Mitsubishi Electric Power Products, Inc. (Warrendale, Pennsylvania, U.S.A)
• Mitsubishi Electric de Mexico S.A. de C.V. (Tlalnepantla, Edo. Mex., Mexico)
• Mitsubishi Electric Australia Pty. Ltd. (Rydalmere, N.S.W., Australia)
• Zhuzhou Shiling Transportation Equipment Company Limited (Zhuzhou, Hunan Province, China)

About Mitsubishi Electric

With over 85 years of experience in providing reliable, high-quality products to both corporate clients and general consumers all over the world, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. The company recorded consolidated group sales of 3,353.2 billion yen (US$ 36.1 billion*) in the fiscal year ended March 31, 2010. For more information visit http://global.mitsubishielectric.com

*At an exchange rate of 93 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2010.