<SEC-DOCUMENT>0001193125-17-079626.txt : 20170313
<SEC-HEADER>0001193125-17-079626.hdr.sgml : 20170313
<ACCEPTANCE-DATETIME>20170313090032
ACCESSION NUMBER:		0001193125-17-079626
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20170310
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170313
DATE AS OF CHANGE:		20170313

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
		CENTRAL INDEX KEY:			0000943452
		STANDARD INDUSTRIAL CLASSIFICATION:	RAILROAD EQUIPMENT [3743]
		IRS NUMBER:				251615902
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	033-90866
		FILM NUMBER:		17684130

	BUSINESS ADDRESS:	
		STREET 1:		1001 AIR BRAKE AVE
		CITY:			WILMERDING
		STATE:			PA
		ZIP:			15148
		BUSINESS PHONE:		4128251000

	MAIL ADDRESS:	
		STREET 1:		1001 AIR BRAKE AVE
		CITY:			WILMERDING
		STATE:			PA
		ZIP:			15148

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WABTEC CORP
		DATE OF NAME CHANGE:	20000114

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WESTINGHOUSE AIR BRAKE CO /DE/
		DATE OF NAME CHANGE:	19950404
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d356703d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT
STYLE="white-space:nowrap">8-K</FONT> </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT
REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT TO SECTION 13 OR 15(D) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>OF THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of Report (Date of Earliest Event Reported): March&nbsp;13, 2017 (March 10, 2017) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>WESTINGHOUSE AIR BRAKE </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>TECHNOLOGIES CORPORATION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact Name of Registrant as Specified in Its Charter) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Delaware
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other Jurisdiction </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of Incorporation) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">033-90866</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">25-1615902</FONT></B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File No.)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>1001 Air Brake Avenue</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Wilmerding, Pennsylvania</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>15148</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"><B>(Address of Principal Executive Offices)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(412) <FONT STYLE="white-space:nowrap">825-1000</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s Telephone Number, Including Area Code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Not Applicable </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former
Name or Former Address, if Changed Since Last Report.) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Check the
appropriate box below if the Form <FONT STYLE="white-space:nowrap">8-K</FONT> filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule <FONT STYLE="white-space:nowrap">14a-12</FONT> under the Exchange Act (17 CFR <FONT STYLE="white-space:nowrap">240.14a-12)</FONT> </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT STYLE="white-space:nowrap">14d-2(b)</FONT> under the Exchange Act (17 CFR
<FONT STYLE="white-space:nowrap">240.14d-2(b))</FONT> </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT STYLE="white-space:nowrap">13e-4(c)</FONT> under the Exchange Act (17 CFR
<FONT STYLE="white-space:nowrap">240.13e-4(c))</FONT> </TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;2.01.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Completion of Acquisition or Disposition of Assets. </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On March&nbsp;10, 2017,
Westinghouse Air Brake Technologies Corporation (the &#147;Company&#148;) announced the closing of the previously disclosed subsequent tender to purchase the ordinary shares of Faiveley Transport, S.A. (&#147;Faiveley Transport&#148;) not already
acquired (i)&nbsp;from Financi&egrave;re Faiveley S.A., Famille Faiveley Participations, Mr.&nbsp;Fran&ccedil;ois Faiveley and Mr.&nbsp;Erwan Faiveley (collectively, the &#147;Sellers&#148;) pursuant to the Share Purchase Agreement, dated
October&nbsp;6, 2015, by and among the Company, Wabtec France and the Sellers, as amended, or (ii)&nbsp;in the initial tender that closed on January&nbsp;30, 2017. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The cash and exchange tender offer (the &#147;Offer&#148;) was open from February&nbsp;14, 2017 through March&nbsp;6, 2017. The Company,
indirectly through Wabtec France, acquired a total of 2,859,191 Faiveley Transport shares, including (a) 2,856,110 shares pursuant to the cash offer for &#128;100 per share, and (b) 3,081 shares pursuant to the exchange offer for 15 shares of common
stock, par value $0.01 per share of the Company, for every 13 ordinary shares of Faiveley Transport, or an aggregate of 3,555 shares of Company common stock. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Taking into account the shares that it already held, Wabtec France therefore holds 98.5% of the share capital and 97.7% of the theoretical
voting rights of Faiveley Transport. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Because the minority shareholders represent less than 5% of the share capital or voting rights of
Faiveley Transport, Wabtec France has the intention to implement a mandatory <FONT STYLE="white-space:nowrap">squeeze-out</FONT> procedure with respect to the Faiveley Transport shares which have not been tendered to the Offer. </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;3.02.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Unregistered Sales of Equity Securities. </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Company common stock issued in connection
with the tender described in Item 2.01, and incorporated herein by reference, was issued in reliance on an exemption from registration set forth in <B></B>Rule 802 under the Securities Act of 1933, as amended. </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;8.01.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Other Events. </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On March&nbsp;10, 2017 the Company issued a press release regarding,
among other things, the matters described herein. A copy of the press release is attached to this report as Exhibit 99.1. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;9.01.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Financial Statements and Exhibits. </B></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top">Financial Statements of Businesses Acquired. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Faiveley Transport&#146;s audited consolidated
financial statements as of March&nbsp;31, 2016, March&nbsp;31, 2015 and March&nbsp;31, 2014 and for the fiscal years of Faiveley Transport then ended are incorporated herein by reference to Exhibit 99.1 to the Current Report on Form <FONT
STYLE="white-space:nowrap">8-K/A</FONT> filed by the Company on February&nbsp;14, 2017. Unaudited consolidated financial statements of Faiveley Transport as of September&nbsp;30, 2016 and for the six months then ended are incorporated herein by
reference to Exhibit 99.1 to the Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed by the Company on December&nbsp;22, 2016. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top">Pro Forma Financial Information. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unaudited pro forma condensed combined financial information
of the Company as of September 30, 2016 and for the nine months then ended is incorporated herein by reference to Exhibit 99.2 to the Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed by the Company on December&nbsp;22, 2016.
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top">Exhibits. </TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="94%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>23.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Consent of PricewaterhouseCoopers Audit (incorporated herein by reference to Exhibit 23.1 to the Current Report on <FONT STYLE="white-space:nowrap">Form&nbsp;8-K/A</FONT> filed by Westinghouse Air Brake Technologies Corporation on
February&nbsp;14, 2017).</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press Release dated as of March&nbsp;10, 2017</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.2</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Audited consolidated financial statements of Faiveley Transport, S.A. as of March&nbsp;31, 2016, March&nbsp;31, 2015 and March&nbsp;31, 2014 and for the fiscal years of Faiveley Transport, S.A. then ended (incorporated herein by
reference to Exhibit 99.1 to the Current Report on Form <FONT STYLE="white-space:nowrap">8-K/A</FONT> filed by Westinghouse Air Brake Technologies Corporation on February&nbsp;14, 2017).</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.3</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Unaudited consolidated financial statements of Faiveley Transport, S.A. as of September&nbsp;30, 2016 and for the six months then ended (incorporated herein by reference to Exhibit 99.1 to the Current Report on Form <FONT
STYLE="white-space:nowrap">8-K</FONT> filed by Westinghouse Air Brake Technologies Corporation on December&nbsp;22, 2016).</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.4</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Unaudited pro forma condensed combined financial information of Westinghouse Air Brake Technologies Corporation as of September&nbsp;30, 2016 and for the nine months then ended (incorporated herein by reference to Exhibit 99.2 to
the Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed by Westinghouse Air Brake Technologies Corporation on December&nbsp;22, 2016).</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Forward-Looking Statements </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Statements contained in this report which are not historical facts are forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements and certain information contained in this report involve risks and uncertainties that could result in actual results differing materially from expected results, including the mandatory <FONT
STYLE="white-space:nowrap">squeeze-out</FONT> procedure, which is subject to regulatory and other conditions, the timing of the transaction and benefits expected to be derived therefrom. Forward-looking statements represent the Company&#146;s
expectations and beliefs concerning future events, based on information available to the Company as of the date of this report. The Company undertakes no obligation to publicly update and revise any forward-looking statements to reflect events or
circumstances that may arise after the date of this report. Additional information regarding these and other factors is contained in the Company&#146;s SEC filings, including without limitation the Company&#146;s Form
<FONT STYLE="white-space:nowrap">10-K</FONT> and Form <FONT STYLE="white-space:nowrap">10-Q</FONT> filings. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Certain Legal Matters </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This communication is not intended to, and does not, constitute, represent or form part of any offer, invitation or solicitation of an offer to
purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this report or otherwise. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The distribution of this communication in jurisdictions outside the U.S. or France may be restricted by law or regulation and therefore any
person who comes into possession of this communication should inform themselves about, and comply with, such restrictions. Any failure to comply with such restrictions may constitute a violation of the securities laws or regulations of any such
relevant jurisdiction. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Faiveley Transport is incorporated in France and listed on Euronext Paris and any offer for its
securities will be subject to French disclosure and procedural requirements, which differ from those that are applicable to offers conducted solely in the U.S., including with respect to withdrawal rights, offer timetable, settlement procedures and
timing of payments. The transactions described above will be structured to comply with French and U.S. securities laws and regulations applicable to transactions of this type. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ROWSPAN="2"><B>WESTINGHOUSE AIR BRAKE<BR>TECHNOLOGIES CORPORATION</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt"></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ David L. DeNinno</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">David L. DeNinno</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Senior Vice President, General Counsel and Secretary</P></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: March&nbsp;13, 2017 </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXHIBIT INDEX </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:23.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Exhibit<BR>No.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:37.25pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Description</P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>23.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Consent of PricewaterhouseCoopers Audit (incorporated herein by reference to Exhibit 23.1 to the Current Report on Form <FONT STYLE="white-space:nowrap">8-K/A</FONT> filed by Westinghouse Air Brake Technologies Corporation on
February&nbsp;14, 2017).</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press Release dated as of March&nbsp;10, 2017</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.2</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Audited consolidated financial statements of Faiveley Transport, S.A. as of March&nbsp;31, 2016, March&nbsp;31, 2015 and March&nbsp;31, 2014 and for the fiscal years of Faiveley Transport, S.A. then ended (incorporated herein by
reference to Exhibit 99.1 to the Current Report on Form <FONT STYLE="white-space:nowrap">8-K/A</FONT> filed by Westinghouse Air Brake Technologies Corporation on February&nbsp;14, 2017).</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.3</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Unaudited consolidated financial statements of Faiveley Transport, S.A. as of September&nbsp;30, 2016 and for the six months then ended (incorporated herein by reference to Exhibit 99.1 to the Current Report on Form <FONT
STYLE="white-space:nowrap">8-K</FONT> filed by Westinghouse Air Brake Technologies Corporation on December&nbsp;22, 2016).</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.4</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Unaudited pro forma condensed combined financial information of Westinghouse Air Brake Technologies Corporation as of September&nbsp;30, 2016 and for the nine months then ended (incorporated herein by reference to Exhibit 99.2 to
the Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed by Westinghouse Air Brake Technologies Corporation on December&nbsp;22, 2016).</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d356703dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; text-indent:1.00em">


<IMG SRC="g356703g0311072956782.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B><I>News Release</I></B></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Wabtec Announces Results Of Final Tender Offer For Shares Of Faiveley Transport </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WILMERDING, PA, March&nbsp;10, 2017 &#150; Wabtec Corporation (NYSE: WAB) has successfully closed the additional cash tender offer and exchange
offer (the &#147;Offer&#148;), which was open from February&nbsp;14, 2017 to March&nbsp;6, 2017, for shares of Faiveley Transport and announced the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Wabtec, indirectly through Wabtec France, acquired an additional 2,859,191 Faiveley Transport shares. Of this total, 2,856,110 shares were acquired with cash, and 3,081 shares were exchanged for Wabtec shares.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Including the shares it already held, Wabtec France now holds 98.53% of the share capital and 97.66%% of the voting rights of Faiveley Transport. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">As the remaining minority shareholders represent less than 5% of the share capital and voting rights of Faiveley Transport, Wabtec France plans to implement a mandatory
<FONT STYLE="white-space:nowrap">squeeze-out</FONT> procedure for the Faiveley Transport shares which were not tendered in the subsequent Offer. </TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Wabtec Corporation (<U>www.wabtec.com</U>) is a leading global provider of equipment, systems and value-added services for transit and freight
rail. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services. The company
has facilities located throughout the world. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Statements contained in this press release which are not historical facts are forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements and certain information contained in the release involve risks and uncertainties that could result in actual results differing materially from expected results. Forward-looking
statements represent Wabtec&#146;s expectations and beliefs concerning future events, based on information available to Wabtec as of the date of this release. Wabtec undertakes no obligation to publicly update and revise any forward-looking
statements to reflect events or circumstances that may arise after the date of this release. Additional information regarding these and other factors is contained in Wabtec&#146;s SEC filings, including without limitation Wabtec&#146;s Form <FONT
STYLE="white-space:nowrap">10-K</FONT> and Form <FONT STYLE="white-space:nowrap">10-Q</FONT> filings. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g356703g55q59.jpg" ALT="LOGO">
 </P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="28%"></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD WIDTH="19%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B><I>Tim Wesley</I></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Phone: 412.825.1543</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Wabtec Corporation</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="white-space:nowrap">E-mail:</FONT> <U>twesley@wabtec.com</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">1001 Air Brake Avenue</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Website: <U>www.wabtec.com</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Wilmerding, PA 15148</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; text-indent:1.00em">


<IMG SRC="g356703g0311072956782.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B><I>News Release</I></B></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>Certain Legal Matters </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This communication is not intended to, and does not, constitute, represent or form part of any offer, invitation or solicitation of an offer to
purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this press release or otherwise. The distribution of this communication in jurisdictions outside the U.S. or France may be restricted by law
or regulation and therefore any person who comes into possession of this communication should inform themselves about, and comply with, such restrictions. Any failure to comply with such restrictions may constitute a violation of the securities laws
or regulations of any such relevant jurisdiction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Faiveley Transport is incorporated in France and listed on Euronext Paris and any offer
for its securities will be subject to French disclosure and procedural requirements, which differ from those that are applicable to offers conducted solely in the U.S., including with respect to withdrawal rights, offer timetable, settlement
procedures and timing of payments. The transactions described above will be structured to comply with French and U.S. securities laws and regulations applicable to transactions of this type. Securities Act of 1933, as amended. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g356703g55q59.jpg" ALT="LOGO">
 </P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="28%"></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD WIDTH="19%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B><I>Tim Wesley</I></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Phone: 412.825.1543</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Wabtec Corporation</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="white-space:nowrap">E-mail:</FONT> <U>twesley@wabtec.com</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">1001 Air Brake Avenue</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Website: <U>www.wabtec.com</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Wilmerding, PA 15148</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g356703g0311072956782.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g356703g0311072956782.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !! , # 2(  A$! Q$!_\0
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MZ=J$"RIIRF:8)GYR&C3.,-UR.H]:Y;6M!L]-TV*^TO7$U2VEE,$CQ6LL*HP
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M_P#'U^!KUBBBNW"?PD?-\0_[](****Z3PPHHHH **** "BBB@ HHHH ****
/"BBB@ HHHH **** /__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g356703g55q59.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g356703g55q59.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ %0+( P$1  (1 0,1 ?_$ ,@  0  !04!
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M*/-BB@M17$@I^S8T4"*9W=^#O/!@[Q4!N$@
M
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M)-<DBD2M!(D>TA1V6B6=0P[$/2:*'QLV)<VT$3\?:F0V.P)+E-:AT</K-6M
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M18]O3D.7[-3\G^((!M=_CU/?=\*C:I,,UX/(DY/G)V&9?*9$9R=PEGJ66O\
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M1:'OOV$R%>5?%$ISP:5?ZU"&U?>.[@N:7?F-'!HM#WW["9"O*OBB4YX-*O\
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"_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
