PRESS RELEASE - 25 April 2007 Saudi Railways Organization ("SRO") is pleased to announce that the Privatization Committee of the Supreme Economic Council of the Kingdom of Saudi Arabia has approved the Request for Proposals ("RFP") for the Saudi Landbridge Project. Following this important landmark in the tender process to select a concessionaire to finance, build and operate the Landbridge for 50 years, the RFP will be issued to the following pre-qualified bidders on 28 April 2007:     Landbridge Project on Track The Saudi Landbridge Project, which will transform the existing modest railway network in Saudi Arabia into a world-class freight and passenger network linking the east and west coasts of the country, is breaking new ground in the Middle Eastern infrastructure sector.     Seven Consortia Apply for Prequalification for MMRL Project Receipt of Statements of Qualification for the MMRL Project The Saudi Railways Organization is pleased to announce that another important milestone has been reached in the Saudi Railway Expansion Program with the receipt of seven Statements of Qualification (SOQs) for participation in the tender process for the Makkah Madinah Rail Link project (“MMRL”).     Govt Offers Financial Support to Landbridge Project P.K. Abdul Ghafour Arab News JEDDAH, 21 November 2006 - Saudi Arabia`s prestigious land bridge project that links the country`s east with its west by railway received a big boost yesterday as the Council of Ministers offered the government`s financial support to the project and decided to provide 50 years operational rights to the consortium that wins the contract to build the 950-km railroad.     SRO Press Release The Supreme Economic Council (SEC) of the Kingdom of Saudi Arabia has approved the pre-qualification of four consortia to participate in the Saudi Landbridge project. The four qualifying consortia are; Saudi Binladin Group, Bouygues Travaux, Mada for Industrial & Commercial Investments, and PWC Logistics.     Four Consortia Qualify for Landbridge Project P.K. Abdul Ghafour Arab News JEDDAH — Four consortia comprising Saudi and foreign companies have been qualified to present their offers to carry out the Kingdom’s prestigious landbridge project, which links the country’s east with its west with a railway line and brings about total change in the region’s shipping pattern.     Siemens Supplies Signalling and Communication Systems for the Saudi Arabian Railway Network 19 December 2005 - A consortium composed of Siemens and the Nour Communications Company of Saudi Arabia has received an order from the Saudi Railways Organisation (SRO) to upgrade the infrastructure of the Saudi Arabian railway network.     Consortia applying for the Saudi Landbridge pre-qualification The Saudi Railways Organization is pleased to announce that nine consortia, including both local Middle Eastern and international companies, have submitted their Statements of Qualification (SOQs) hoping to pre-qualify for participation in the tender process for the Saudi Landbridge project.     Bombardier Press Release The Saudi Railways Organization (SRO) is currently finalizing plans for the procurement of the Makkah-Madinah Rail Link (MMRL) which will be undertaken by way of a tender for a BOT (build-operate-transfer) concession. SRO has engaged internationally renowned advisors such as SNCF International, UBS and Linklaters to support SRO during the pre-bid process.     US Firms Eye Saudi Railway Project Saudi Arabia`s landmark railway expansion received a shot in the arm recently when specialized US companies expressed their keen desire to take part in the project linking the country`s east and west.     Siemens Presents Railway Proposal Transport Minister Dr. Jabara Al-Seraisry yesterday received a proposal from German Siemens company on its technologies related to conventional and high-speed trains as part of efforts by nternational firms to take part in the Kingdom`s railway expansion project     Railways to Hold Project Day for Linking Holy Cities Arab News – Saturday – April 15, 2006 P.K. Abdul Ghafour Arab News JEDDAH – The Saudi Railways Organization will hold a project day here next month for potential investors in the Makkah-Madinah Rail Link, part of an ambitious railway expansion project. The SRO intends to operate high-speed trains between the two holy cities.     Landbridge on Track With the Saudi Railways Organization (SRO) having invited applications for pre-qualification from contractors to take part in the Saudi Landbridge tender process last month, the kingdom`s ambitious plan of linking the major cities along its breadth has crossed a significant landmark. These will link the kingdom`s principal ports on the east and west coasts with its industrial nerve centres.     Saudi Railway Project Picks Up Speed JEDDAH, 15 November 2005 — Saudi Arabia is now accelerating the implementation of its various projects in the transport sector. Rail projects especially are getting due attention.     Kingdom`s Railway Expansion Project Is Well on Track Saudi Arabia`s landmark railway expansion project, which links its east with the west as well as the cities of Makkah, Madinah and Jeddah, has made remarkable headway. Many international companies have expressed interest in the multibillion dollar venture.     Planners get up Steam for a cross-country railway MORE than 150 Saudi and foreign companies packed a recent investment conference in London organised by the Saudi Railway organization for the kingdom’s multibillion dollar railway expansion project. The keen interest from investors was understandable: these are boom times in the kingdom.     Germany Keen to Participate in Kingdom's Railway Expansion German Chancellor Gerhard Schroeder has shown special interest in Saudi Arabia`s SR10 billion railway expansion project and said he would be happy to visit the Kingdom again to help German companies win a major share in the landmark project.     Saudis Launch Rail Landbridge Project Saudi Railways Organisation (SRO) has launched its $US 1.3 billion rail landbridge project. This is the first of three projects designed to expand the existing railway. In total, about 2900km of new railway will be built.     `Landbridge` rail project to link the Red Sea with the Arabian Gulf The Saudi Railway Organization (SRO) today held a Project Day to brief investors and other potential private sector participants in the Saudi Landbridge, the first ever rail link between the Red Sea and the Arabian Gulf.     Saudis plan Gulf-Red Sea rail link The Saudi Railways Organisation is inviting private sector participation in the Saudi Landbridge, the first rail link between the Red Sea and the Arabian Gulf, officials said.     Saudis Launch Rail Landbridge Project SAUDI Railways Organisation (SRO) launched its $US 1.3 billion rail landbridge project in London yesterday. This is the first of three projects designed to expand the existing railway. In total about 2900km of new railway will be built     Landbridge rail project to link the Red Sea with the Arabian Gulf London, 31 January 2005 - The Saudi Railways Organization (SRO) today held a Project Day to brief investors and other potential private sector participants in the Saudi Landbridge, the first ever rail link between the Red Sea and the Arabian Gulf.     Saudi Railways Organisation announces Saudi Landbridge Project Day Saudi Railways Organization (SRO) today announced a Project Day for the Saudi Landbridge to be held in London on 31st January 2005. Dr. Jobara Al-Suraisry, Minister of Transport and Chairman of SRO`s Board of Directors will preside over the proceedings of the Project Day.