COLORADO RAILCAR. 49 CFR Part 238 Compliant Self-Propelled Railcar CLEAN AND QUIET DMU PAYS FOR ITSELF

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49 CFR Part 238 Compliant Self-Propelled Railcar CLEAN AND QUIET DMU PAYS FOR ITSELF

Clean and Quiet DMU PAYS FOR ITSELF 72% less pollution than a locomotive 75% less noise than a locomotive Costs less to purchase Saves millions in operating costs Saves millions in infrastructure costs PLUS Complies with 49 CFR Part 238 No waivers necessary South Florida Regional Transportation Authority (SFRTA) Double Deck DMU and Double Deck Coach, for the DMU Demonstration Project, jointly funded by FRA and Florida DOT. 2 For more details, see our supplemental brochure, available at www.coloradorailcar.com

The DMU Pays for Itself Because It costs less to purchase lowest cost per seat It saves millions of dollars in operating costs over its lifetime less fuel less maintenance It saves millions in infrastructure costs smaller yards, shorter platforms and less complex maintenance facilities For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 3

Contents DMU Pays for Itself...3 What is a DMU?...5 DMU Saves Millions on Operating Costs...6 Double Deck Maximizes Seating Capacity...8 DMUs Cost Less to Purchase...10 DMUs Save on Infrastructure Costs...11 Independent Fuel Economy Test...12 Clean and Quiet DMU..14 49 CFR Part 238 Compliant...15 DMU Uses Proven Components...16 A Look Inside the DMU...18 Colorado Railcar Information...19 Technical Details...22 The DMU Will Perform Well in Your Service...27 Congressman John Mica presided over a running demonstration of the DMU from Orlando to Winter Park, Florida on October 25, 2002. 4 For more details, see our supplemental brochure, available at www.coloradorailcar.com

What is a DMU? A Self-Propelled Passenger Railcar for Commuter Rail or Intercity Rail Service DMU = Diesel Multiple Unit A diesel self-propelled railcar, which can be run in multiple combinations of unpowered coaches and powered cars The DMU contains propulsion engines and passenger seating in one railcar, unlike a locomotive hauling coaches A Colorado Railcar DMU has the power to pull unpowered coaches For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 5

The DMU Saves Millions in Operating Costs Over How Much? A Double Deck DMU Saves: Fuel: 50% or more $4 million or more over DMU s lifetime Maintenance: 30% or more $3 million or more over DMU s lifetime less fuel less maintenance 6 For more details, see our supplemental brochure, available at www.coloradorailcar.com

Its Lifetime Compared to Locomotive-Hauled Service Why? 1. Fewer Vehicles = + + One double deck DMU replaces a locomotive, plus a bi-level coach, plus another 1/3 coach Because: DMU provides both propulsion and seats double deck maximizes seating capacity 2. More Efficient Engines The DMU s engines are the right size for the vehicles they are propelling: you do not need a 3500 horsepower locomotive to pull a few coaches. Plus, the engines are less expensive and easier to maintain. Why Is This So Important? Having fewer vehicles and more efficient engines will save you millions on fuel & maintenance. In fact, you can save $1 or more per boarded passenger. less fuel less maintenance For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 7

Colorado Railcar s Double Deck Maximizes Seating so that You Save Double Deck Is the Natural Evolution in Cost Effectiveness The rail industry moved from single to bi-level for amazing new cost efficiencies >>> >>> >>> 1988 Colorado Railcar s patented two full floor design was introduced in coaches in 1988. The next step is the patented two full floors of the Double Deck, only available from Colorado Railcar 8 For more details, see our supplemental brochure, available at www.coloradorailcar.com

Capacity so that You Need Fewer Vehicles Millions in Operating and Infrastructure Costs Two Full Floors of Double Deck Coach Create 36% More Floor Space UP TO 36% MORE FLOOR SPACE Colorado Railcar s Double Deck Coach Seats 218 (at 32 seat pitch) Competitor s Bi-Level Seats 154 (at 32 seat pitch) The 36% more floor space is like adding another top floor to a bi-level coach. For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 9

DMUs Cost Less to Purchase: Our Cost Per Seat is the Lowest in the Industry To match our cost per seat, you would need to buy a locomotive and coaches for below market prices. Consider seating 400 people at today s market prices: lowest cost per seat The Colorado Railcar DMU saves 13% per seat All of the Operational Cost Savings with DMUs are FREE! You Don t Pay More Upfront to Save Money Later 10 For more details, see our supplemental brochure, available at www.coloradorailcar.com

DMUs Save on Infrastructure Costs DMUs need 43% less platform, so you save all the money you would have spent to build this piece of platform. Fewer vehicles means: Shorter platforms Smaller yards Smaller and less complex maintenance facilities When compared to locomotive-hauled trains smaller yards, shorter platforms and less complex maintenance facilities For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 11

Independent Fuel Economy Test Proves That the DMU Pays for Itself with Fuel Savings Alone In 2004, Tri-Rail ran a fuel economy test comparing a locomotive-hauled consist to a single level DMU and bi-level coaches with the same total seating capacity. The fuel economy test results: DMU saved 200 gallons roundtrip (approx.) on the 144-mile roundtrip The locomotive burned 325 gallons (=2.3 gallons per mile) The DMU burned 128 gallons (=0.9 gallons per mile) The DMU would save 150,000 gallons per year running 3 round trips per day, 5 days a week The DMU would save 4.5 million gallons over 30 years At $1.80 per gallon, the DMU would save $8 million over 30 years, more than 2 times the purchase price of the DMU. As fuel costs rise, the savings generated by the DMU increase rapidly less fuel 12 For more details, see our supplemental brochure, available at www.coloradorailcar.com

Even in Locomotive-Hauled Service Double Deck Coaches Pay for Themselves When Used Instead of Bi-Level Coaches Double Deck Coaches pay for 75% of their purchase cost in maintenance savings alone. The fuel and infrastructure savings can easily pay the remaining 25%. Consider seating 400 people: With bi-level coaches, you need 3 coaches: With Colorado Railcar s Double Deck Coaches, you need only 2 coaches total one less coach than with bi-levels: A locomotive pulling two Double Deck Coaches seats approx. 400 people.l No third coach needed. Save $90,000/yr on maintenance. Having one less coach to maintain can save $90,000 or more per year, which is equal to $4.5 million over 30 years, including inflation. That $4.5 million pays 75% of the purchase cost of two coaches. For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 13

Clean and Quiet DMU Will Please Community Residents 72% lower emissions than a locomotive-hauled train Much cleaner engines More fuel efficient, and therefore less pollution Smaller, quieter engines 75 % less noise than a locomotive-hauled train No overnight idling, and engines can be shut on and off at anytime Less unsprung weight = less pounding of the rail = less ground vibration 14 For more details, see our supplemental brochure, available at www.coloradorailcar.com

World s Only 49 CFR Part 238 Compliant DMU No Waivers and No Time Separation Needed Meets or exceeds new FRA and APTA structural safety specifications for: 800,000 Pound Compressive End Load Strength 300,000 Pound Cab Corner Post Strength 500,000 Pound Cab Collision Post Strength 100,000 Pound Cab Anti-Climbing Mechanism Side Structure Impact Strength Roof Structure Rollover Strength On February 26, 2002, the single level DMU was tested and shown to be the only self-propelled commuter railcar to meet the FRA s newest 49 CFR Part 238 structural requirement. The double deck DMU structure also meets the FRA s newest 49 CFR Part 238 structural requirements. For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 15

DMU Uses Service Proven Components Transmission The best rail transmission in the world Transmission VOITH TURBO T212 BRE Final Drive KE553 Voith T212 BRE Turbo Hydrodynamic Transmission The Mercedes of heavy duty transit transmissions 2300 transmissions of this class in use worldwide and 75,000 total transmissions in use worldwide Hydraulic retarder Electronic control management system 760,000 miles before first major overhaul Readily overhauled in agency s shops Engine The world s fuel efficiency leader Two600 horsepower Detroit Diesels Electronic DDEC engine management system Overhead cam, fuel injected Factory warranted lay-down configuration developed by Colorado Railcar Two year warranty, extended warranty available Parts/Service availability at 1300 outlets nationwide 16 For more details, see our supplemental brochure, available at www.coloradorailcar.com

800,000 engines in use worldwide running over a billion miles per week Engines are durable and easy to maintain EPA compliant Very fuel efficient at 2-3 mpg for single power car Generator Powers the DMU plus two more cars 175 kw Stadco 480 volt, 3 phase Deutz water-cooled diesel Provides power for DMU and up to two coaches Full STADCO 175kw redundancy when paired with GSI 36630 another DMU or generatorequipped coach Trucks Millions and millions of miles of proven service GSI low clearance truck Inside swing hanger Primary and secondary springs Inboard disk brakes Used by METRA, Caltrain and many other transit agencies Voith KE553 final drive used in each truck For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 17

A Look Inside the Colorado Railcar DMU and Coach Colorado Railcar offers many options for seating...... and many options for cabs Reclining cloth commuter seating Note the large windows. Leather bucket seating Note the dome windows and standard commuter seats. Full width cab Booth seating Note the emergency exit windows. Power outlets available at the booth tables. Flip up seating Note the ADA parking space. ADA restrooms, ADA lifts, and baggage storage are also available. Half width cab with walk-through 18 For more details, see our supplemental brochure, available at www.coloradorailcar.com

Well-Built Products from an American Company with Over 18 Years in the Passenger Railcar Business The Facility Colorado Railcar s 75,000 square foot manufacturing facility is located in Ft. Lupton, 21 miles north of Denver, Colorado. The plant is adjacent to the Union Pacific mainline and has a spur running into the facility. A new state-of-the-art full car paint facility is located on the spur. Alaska Railroad s Aurora private car at the plant, just before shipping. Colorado Railcar s exclusive design utilizes heavy steel tubular construction for end-of-car collision posts, corner posts, and floor structure to meet 49 CFR Part 238 requirements. For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 19

Manufacturing Plant Colorado Railcar s Facility New Railcars Near Completion 20 For more details, see our supplemental brochure, available at www.coloradorailcar.com

18 Years of Excellence Building Double Deck Railcars Colorado Railcar's Customers Royal Caribbean and Celebrity Cruise Lines Florida DOT, FRA and South Florida Regional Transportation Authority (SFRTA) Princess Cruises and Tours Holland America Cruises Rocky Mountaineer Railtours Alaska Railroad For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 21

General Technical Data Colorado Railcar General Data Car Structure Low-alloy, high-tensile Corten steel Tubular frame construction Doors Microprocessor or relay controlled, pneumatic or electrically actuated Per customer specification Trucks/Bogies GSI low-clearance 36630 or per customer specification, 8-6 axle centers Truck centers 59-6 or 63-6 Wheelslide protection Yes Brakes Inboard disk brakes standard or Per customer specification Heating Electric forced-air heat, plus optional base board heat Air conditioning 20-40 tons per car, as required for climatic conditions Electrical supply Power Supply Low-voltage power supply Interior lighting MU 480 V, 3 ph, 60 Hz, up to 175 kw on board generator, or external head end power LVPS supplying 12, 24, 36, 64/72 VDC as customer specified Fluorescent / Halogen / L.E.D All units are MU capable Performance Data (using GSI 36630 trucks) Maximum design speed 100 mph Maximum Operating speed 90 mph Service Braking 2.0 mphps Emergency Braking 2.5 mphps Minimum horizontal curve radius 250 ft Minimum vertical curve radius 2,000 ft 22 For more details, see our supplemental brochure, available at www.coloradorailcar.com

New Double Deck DMU Seats 188 Length (over coupler pulling faces) 89 Width (over side sheets) 10 Total height (above top of rail) 19-9 1/2 Floor height (above top of rail) 51 Engine Two Detroit Diesel Series 60 Each rated at 600 hp Transmission Two Voith T212 BRE with KB190 retarder Final Drive Two Voith KE553 188 Seat Double Deck DMU For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 23

218 Seat Low Floor Double Deck Coach Seats 218 Length (over coupler pulling faces) 89 Width (over side sheets) 10 Total height (above top of rail) 19-9 1/2 Low floor height (above top of rail) 25 Control cabs Available for push-pull operation 218 Seat Double Deck Coach 24 For more details, see our supplemental brochure, available at www.coloradorailcar.com

Single Level DMU Seats 94 Length (over coupler pulling faces) 85 or 89 Width (over side sheets) 10 Total height (above top of rail) 14 11 Floor height (above top of rail) 51 Engine Two Detroit Diesel Series 60 Each rated at 600 hp Transmission Two Voith T212 BRE with KB190 retarder Final Drive Two Voith KE553 94 Seat Single Level DMU For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 25

Single Level Coach Seats 102 Length (over coupler pulling faces) 85 or 89 Width (over side sheets) 10 Total height (above top of rail) 14 11 Floor height (above top of rail) 25 or 51 102 Seat Single Level Coach 26 For more details, see our supplemental brochure, available at www.coloradorailcar.com

The DMU Will Perform Well in Your Service Revenue Service in South Florida and New Jersey Proves That the DMU Will Perform for You South Florida: The DMU maintained the rigorous schedule between Miami and West Palm Beach in several months of testing during the spring of 2004 in South Florida at Tri-Rail (South Florida Regional Transportation Authority). The single level DMU pulled two bi-level coaches in regular revenue service, and the comfortable railcar was a big hit with the passengers. New Jersey: The DMU again proved its performance on the Dinky Line in New Jersey, between Princeton and Princeton Junction. The DMU sprinted up and down the 2.7 mile line in two days of revenue service testing on April 29 and April 30, 2004. Alaska: The DMU conquered the mountainous grades of Alaska, proving its power. As a test, the DMU stopped in the middle of a steep 3.2% grade, turned off an engine, and accelerated out of the stop with no problems, while pulling the Alaska Railroad s private car. You may have been told that the DMU will not be able to run your schedule. Don t believe it ask us to run the model for you. If you want to know how the DMU will perform in your service, contact Christina Messa, Director of Economics and Environment, at (303) 670-1585 ext. 303. For more information, contact Tom Janaky or Arthur Rader at (303) 670-1585 or Sales@ColoradoRailcar.com 27

Clean and Quiet DMU PAYS FOR ITSELF 72% less pollution than a locomotive 75% less noise than a locomotive Costs less to purchase Saves millions in operating costs Saves millions in infrastructure costs PLUS Complies with 49 CFR Part 238 No waivers necessary www.coloradorailcar.com For more information, contact Tom Janaky or Arthur Rader (303) 670-1585 Sales@ColoradoRailcar.com 35715 Highway 40 Suite D202 Evergreen, CO 80439