Company & Business presentationCompany & Business presentationSTAR Conference STAR Conference MilanoMilano55--6 March 20086 March 2008

- 1- 2- 3- 4

Fourth Quarter 2007 ResultsElements of StrategyElements of Company presentation2006 results & main references

2

Ansaldo STS Group:Q4 and YE 2007 Results Q4 and YE 2007 Results –– Key FiguresKey Figures

€mil YE 2007 YE 2006 Var.% Q4 2007 Q4 2006 Var.%

Orders 1.532,5 1.271,2 20,6% 380,5 193,6 96,5%Backlog 2.980,0 2.414,0 23,4% 2.980,0 2.414,0 23,4%Production Revenues 973,1 922,8 5,5% 306,8 270,8 13,3%EBIT 100,3 85,5 17,3% 37,3 31,9 16,9%ROS 10,3% 9,3% 1,0% 12,2% 11,8% 0,4%Net Profit 58,3 45,8 27,3% 21,5 20,8 3,4%Net Financial Position ( 184,5) ( 158,2) 16,6% ( 184,5) ( 158,2) 16,6%

R&D 41,2 35,9 14,8% 9,1 7,2 25,5%Total Headcount 4.243 3.962 7,1% 4.243 3.962 7,1%

YE 2006 Pro-forma figures consider Ansaldo Signal NV and Ansaldo Trasporti Sistemi Ferroviari Spapart of the consolidation perimeter since January 1st, and include the not recurrentextraordinary IPO costs for 6.9 mil.

3

Ansaldo STS Group:Guidance & Year end 2007 Results Guidance & Year end 2007 Results –– Key FiguresKey Figures

€mln Guidance FY 07 FY 06Orders Between 1.300 - 1.500 1.532,0 1.271,2

Production Revenues Between 930 - 950 973,1 922,8

Backlog Between 2.800 - 3.000 2.980,0 2.414,0

ROS Higher than 10% 10,31% 9,9%

Net Financial Position Between (175) - (185) (184,5) (158,2)

(1) FY 2006 Pro-forma figures consider Ansaldo Signal NV and Ansaldo Trasporti Sistemi Ferroviari Spa part of the consolidation process since January 1st 2006 figures after exclusion of the extraordinary IPO costs absorption for 6.9 mlnThe restatement of 2006 Production Revenues in accordance with IAS 1 represents a reduction of Revenues of 5,4 € mln in FY 2006

(1)

4

Ansaldo STS Group:Key figures by Business UnitKey figures by Business Unit

(1) The values reported in the table are including the transactions between the Business units.YE 2006 Pro-forma figures reporting the results of activities since January 1st .

4th Quarter 4th Quarter 4th Quarter 4th Quarter

2007 2006 2007 2006

ORDERS 329,8 256,2 822,3 833,1 132,7 26,0 802,7 534,3

BACKLOG 1.389,8 1.319,6 1.389,8 1.319,6 1.809,9 1.248,1 1.809,9 1.248,1

PRODUCTION REVENUES 228,9 203,1 750,1 702,1 84,2 75,0 241,4 236,8

EBIT 29,6 22,3 86,5 74,8 7,6 7,3 22,0 21,6

R.O.S. 12,9% 11,0% 11,5% 10,7% 9,1% 9,8% 9,1% 9,1%

WORKING CAPITAL ( 68,7) (70,0) ( 68,7) (70,0) ( 143,3) ( 171,9) ( 143,3) ( 171,9)

R & D 7,9 6,0 37,8 33,2 0,7 0,7 2,3 2,0

TOTAL STAFF 3.866 3.606 3.866 3.606 327 327 327 327

€mil.SIGNALLING TRANSPORTATION SYSTEMS

YE2007 YE2006 YE2007 YE2006(1) (1)

5

Country Project Customer Value (€mil.)

Italy* Rome Linea C – 1st phase Metro Roma 116,9Italy High Speed Line Milan - Bologna CEPAV 1 42,5US-France-Italy Components service & maintenance Miscellaneous 40,4China Shitai Line Ministry of Railways 31,2Germany RBC-ERTMS Lev. 2 Saarbücken Deutsche Bahn AG 20,5Italy SCMT Wayside/Comp. Florence RFI 14United Kingdom ERTMS Cambrian Line - 1st phase Network Rail 10Italy Trento - Malè Trentino Trasporti 9,4Italy ACS - BA Rho-Pero RFI 6,7Italy High Speed Line -variation orders- RFI 6,2Malaysia Batu Gajah Depot Road Builder 6,0Australia Caboolture to Beerburrum Duplication Queensland Railroad 5,1Germany SCMT - Board Stadler-Siemens-Vossloch 5,0

86%

14%

Ansaldo STS Group:Q4 2007 Main Orders AcquisitionsQ4 2007 Main Orders Acquisitions

Business Unit SystemsBusiness Unit Signalling

Q4 2006

*Orders acquired by the Transportation Systems business unit in the Fourth Quarter 2007

Q4 2007 Q4 2006

381

194+96,4%65%

35%Q4 2007

6 Italy Rest of West Europe North America Asia / Pacific Others

67%

12%

6%

15% 0%YE Group 2007

37%

37%

10%

16% 0%YE Group 2006

Ansaldo STS Group:Total Orders by geographic area Total Orders by geographic area -- Signalling vs Group

43%

19%

15%

23%0%2007 Signalling only

46%

18%

17%

19%0%

2006 Signalling only

7

Ansaldo STS Group:2007 Main Orders Acquisitions2007 Main Orders Acquisitions

*Orders acquired by the Transportation Systems business unit

73% of Total Order Acquisitions 200773% of Total Order Acquisitions 2007Q4 2007Q3 2007Q2 2007Q1 2007

Italy* Metro Napoli 6 Metro Napoli 426,0Italy* Rome Line C Metro Roma 150,2Italy* Rome Linea C – Variation Order (1st phase) Metro Roma 116,9Italy* Rome Line C Variation Order Metro Roma 55,2Italy SCMT wayside RFI 45,6Italy High Speed Line Milan - Bologna CEPAV 1 42,5US-France-Italy Components service & maintenance (Q2 2007) Miscellaneous 40,7US-France-Italy Components service & maintenance (Q4 2007) Miscellaneous 40,4China Shitai Line Ministry of Railways 31,2US-France-Italy Components service & maintenance (Q1 2007) Miscellaneous 29,2US-France-Italy Components service & maintenance (Q3 2007) Miscellaneous 22,0Germany RBC-ERTMS Lev. 2 Saarbücken Deutsche Bahn AG 20,5Australia Hope Dows Signalling & Comm Rio Tinto 15,4Italy SCMT Wayside/Comp. Florence RFI 14,0Australia Rio Tinto project Rio Tinto 13,8Australia ARTC Projects ARTC 13,0Greece ETCS lev 1 wayside ERGA-OSE 12,5USA Chambers Street NYCT 11,8Italy ACS - Rebaudengo RFI 11,5Australia DP & ATO phase 2 Rio Tinto 10,6Italy* High Speed Line TAV 10,5United Kingdom ERTMS Cambrian Line - 1st phase Network Rail 10,0

Country Project Customer Value (€mil.)

8

Ansaldo STS Group:4Q 2007 4Q 2007 –– Production Revenues & Backlog quarterly evolutionProduction Revenues & Backlog quarterly evolution

39%

61%

YE 2007Business Unit Signalling

48%52%

YE 2006

Business Unit Systems

Backlog

307

205

271

200210

268

2.980

2.414

2.092

0

50

100

150

200

250

300

350

1Q052Q053Q054Q051Q062Q063Q064Q061Q072Q073Q074Q07

0

500

1.000

1.500

2.000

2.500

3.000

3.500

Production Revenues Backlog

+27,6%+27,6%+35,5%35,5%

+49,7%+49,7%

9 Italy Rest of West Europe North America Asia / Pacific Others

47%

23%

11%

18%1%

YE 2007

63%13%

11%

12% 1%

YE 2006

Ansaldo STS Group:Production Revenues by geographic area Production Revenues by geographic area

75%

25%

74%

26%

Business Unit SystemsBusiness Unit Signalling

€€mil 973,1mil 973,1 €€mil 922,8mil 922,8

ANSALDO STS ANSALDO STS 2. 2. Elements of the strategyElements of the strategy

♦ Integration

♦New Business Frontiers

♦Homeland Security

11

The integration of the Signalling and System business is providing synergies between the two sectors and is able to help the overall growth of volumes and profitability, the expansion over the international markets and the entrance in new business segments (e.g. security and TLC in the rail sector).In fact a better integration is allowing to take strategic opportunities in a more effective way:

for the System SBU:a more direct and visible access to the safety technology, that is the key factor in order to act as Technology Integrator, increases the credibility, reputation, and competences and, as a consequence, business opportunity

for the Signalling SBU:a more solid connection with the System SBU increases its commercial effectiveness in those market segments where the Signalling technology is managed by a System Integrator.for both SBU:the exploitation of the synergies arising from the presence on the markets of each other, the strategic coordination of R&D efforts and the reduction of transaction times and costs.

for the Group:a more effective and quick start up of new business (e.g., the security), that don’t belong to the primary mission of each SBU, and require joint developments and effort.

Ansaldo STS Strategy : Integration as opportunity: Integration as opportunity

12

Ansaldo STS Strategy : New Business frontiersNew Business frontiers

New Steps made on Russian markets

(Through Ministry of Railways and Finmeccanica Agreement)

Ansaldo STSDeutschland

South Arabia (Mecca & Medina pre-qualification)

Chinese Market(Insigma Agreement)

Negotiation for ERTMS &Power Supply trial site

Middle East (Turkey-Tunisia-Algeria-Egypt)& Other bids in South Arabia

Pre-qualified for High Speed Zheng-Zhou / XI’AN &

Negotiation for four further project in Mass Transit Metro field

New biddings through the local presence

OTHER: Malaysia (new opportunities) –

South Africa

Closing 2007 Proceeding in 2008

13

Ansaldo STS Strategy : SecuritySecurity

Security

IT Security

Backup Communication

Systems

RidondanzaGeografica

AccessControls

VideoOverseeing

SensorsNBCR

Specific Solutions

Safety

RailwaySystem

Threats

Accident

UnavailabilityAccident UnavailabilityEfficient, Effective and Secure Management of Efficient, Effective and Secure Management of

Railway networkRailway network

Security

IT Security

Backup Communication

Systems

RidondanzaGeografica

AccessControls

VideoOverseeing

SensorsNBCR

Specific Solutions

SecuritySecurity

IT Security

Backup Communication

Systems

RidondanzaGeografica

AccessControls

VideoOverseeing

SensorsNBCR

Specific Solutions

IT Security

IT Security

Backup Communication

Systems

Backup Communication

Systems

RidondanzaGeograficaRidondanzaGeografica

AccessControlsAccess

Controls

VideoOverseeing

VideoOverseeing

SensorsNBCR

SensorsNBCR

Specific SolutionsSpecific

SolutionsSafetySafety

RailwaySystem

Threats

Accident

UnavailabilityA

ccidentUnavailabilityAccident UnavailabilityAccident Unavailability

Efficient, Effective and Secure Management of Efficient, Effective and Secure Management of Railway networkRailway network

Efficient, Effective and Secure Management of Efficient, Effective and Secure Management of Railway networkRailway network

• Homeland Security market was basically born with 09/11 terrorist attack, driven by US government spending for national security and prevention of terrorist attack

• Is a multidiscipline market with a relevance of ICT and system integration component. Different technologies and industries are involved: several products/technologies can be applied in different market segment (e.g.: people and luggage screening systems, video-surveillance systems)

• Rail security, as a part of homeland security, is an attractive market too; in particular, the US Department of Homeland Security (DHS) and Transport Security Administration are funding several projects for developing and activating new technologies for railways and mass transport security (preliminary estimates in a range of 400-500 €M)

Geographical redundancy

ANSALDO STS ANSALDO STS 3.3. Elements of Company PresentationElements of Company Presentation

Part of presentation reported as back-up for all Investors / Analysts not already aware about Group activities

15

General Contractor

Vehi

cles

Other

SubsystemsIn

frast

ruct

ure

Technological Integrator System

Provider

The Transport Systems SBU may act as partner of a General Contractor consortium and is responsible for the role of Technology Integrator

The Transport Systems SBU supplies the track works for High-Speed Railways

Primary area of focus of Transport Systems SBU

The Transport Systems SBU provides power supply, telecommunications and Supervisory Control and Data Acquisition (SCADA) equipment

Primary area of focus of Signalling SBU

The Signalling SBU supplies components and operates maintenance services for Signalling equipments

Ansaldo STS scope of work

Signalling

Security

In addition to Safety, Security means to get the efficient and effective secure management of railway network

Ansaldo STS Group:A diversified Product Offering Across the SectorA diversified Product Offering Across the Sector

Components, Services& Maintenance

16

CTC / SCADA

- Traffic- Manpower- Stations- Maintenance

On boardATP / ATO

ATC SYSTEM

Sensors

Wayside ATP+ Interlocking

Balises

Track circuit

Encoders

Signals

Point Machines

Tracksideequipments

Radio link

Ansaldo STS Group:Focus on System Portfolio SignallingFocus on System Portfolio Signalling

17

New York MetroNew York Metro

Los Angeles Metro (Green Line)

Los Angeles Metro (Green Line)

Manchester Node& Metrolink

Cambrian line

Manchester Node& Metrolink

Cambrian line

Italian High-SpeedItalian High-SpeedRome Station C.B.I.

Rome Station C.B.I.Rome, Naples,

Milan, Brescia, Genoa Metro

Rome, Naples, Milan, Brescia, Genoa Metro

Madrid-LeridaHigh-Speed LineMadrid-Lerida

High-Speed LineChannel TunnelChannel Tunnel Copenhagen

Driverless Underground

Copenhagen Driverless

Underground

Shanghai MetroShanghai Metro

Kuala Lumpur LRTKuala Lumpur LRT

Hamersley Iron/Rio Tinto

Hamersley Iron/Rio Tinto

France TGVFrance TGV

JacksonvilleCTC

JacksonvilleCTC

China & Korea High-Speed

Binhai, Shenyang

Indian Railways

China & Korea High-Speed

Binhai, Shenyang

Indian Railways

OmahaOTP

Jacksonville, CSX, UP

OmahaOTP

Jacksonville, CSX, UP

Ansaldo STS Group: References Across the GlobeReferences Across the Globe

18

Ansaldo STS Group: Total Headcount Total Headcount –– End of September 2007End of September 2007

19

40%MARKETMARKET

60%FINMECCANICAFINMECCANICA

Ansaldo STS Group: References Across the GlobeReferences Across the Globe

RISK MANAGEMENT & PROJECT CONTROL

Antonio Manzi

Sergio De Luca Georges Dubot Emmanuel Viollet Lyle Jackson

Ansaldo STS - Italia Ansaldo STS - France Ansaldo STS - U.S.A. Ansaldo STS - Australia

INVESTOR RELATIONS

Andrea Razeto

INDUSTRIAL COMPETITIVENESS

Giuseppe Spezzi

COMPANY SECRETARY

Mario Orlando

CHIEF FINANCIAL OFFICER

Jean Paul Giani

BUSINESS DEVELOPMENT

EMMANUEL VIOLLET

HUMAN RESOURCES & ORGANIZATION

Carlo Cremona

PROCESS IMPROVEMENT & TOTAL QUALITY

Christian Andi

INTERNAL AUDIT

VICE CHAIRMAN

Sante Roberti

Christian Andi

CHIEF EXECUTIVE OFFICER

Sergio De Luca

CHAIRMAN

Alessandro Pansa

Regional Leader Companies

ANSALDO STS ANSALDO STS 4.4. 2006 Results & main references2006 Results & main references

Part of presentation reported as back-up for all Investors / Analysts not already aware about Group activities

21

1998 2000 2000 2006

Degree in electrical engineering from the Polytechnic of Turin and then for the same university, assistant professor at Electrical Machine dept. He has authored some scientific works and has lectured at the universities of Turin, Genoa, Pavia and Naples.

He began to work for the Finmeccanica Group subsidiary: Ansaldo - Società Generale Elettromeccanica as part of central R&D team.

From 1981 to 1994 he held various important positions within Ansaldo Trasporti’s Vehicles Division, closing this professional experience as Technical Director with managerial responsibilities in some important projects in joint venture with Mitsubishi, Siemens and Alstom. Following the spin-off of Ansaldo Trasporti’s three divisions (Vehicles, Systems and Signalling) into separate companies in 1996, he joined Ansaldo Segnalamento Ferroviario Spa, as Chief Operating Officer and where he became CEO in 1998.

Since 2006, he has also served as CEO of Ansaldo TrasportiSistemi Ferroviari.

In these experiences he contributed to reach an higher level in technology and safety for Italian Railways, striking on advancedand innovative solutions for signalling and automation in railways, mass transit and high speed line.

Value of Production

EBIT

FOCF

Backlog

Value of Production 21,5%Value of Production 21,5%EBIT 42%EBIT 42%

CAGR 2000 CAGR 2000 –– 2006: 2006:

BACKLOG 9%BACKLOG 9%

Turn around periodTurn around period Growth periodGrowth period

Ansaldo STS Group: Ansaldo STS Group: Sergio De Luca Sergio De Luca -- Since 1980 in Ansaldo transportation businessSince 1980 in Ansaldo transportation business

Ansaldo Ansaldo SegnalamentoSegnalamentoFerroviarioFerroviario SpASpA

22

Ansaldo STS Group: Ansaldo STS Group: 2006 Full Year results 2006 Full Year results –– Key FiguresKey Figures

€mil 2006 FY 2005 FY Var.%

Orders 1.271,2 1.015,5 25,2%Backlog 2.413,6 2.091,8 15,4%Production Revenues 922,8* 839,5* 9,9%EBIT 91,4* 79,8 14,5%ROS 9,9% 9,5% 0,4%Net Profit 52,6* 44,3 18,7%Net Financial Position (158,2) (120,8) 31,0%

R&D 35,9 34,7 3,5%Total Staff 3.962 3.622 9,4%

2006 Pro-forma figures consider Ansaldo Signal NV and Ansaldo Trasporti Sistemi Ferroviari Spa part of the consolidation process since January 1st 2006 figures after exclusion of the extraordinary IPO costs absorption for 6.9 mlnThe restatement of 2006-05 Production Revenues in accordance with IAS 1 represents a reduction of Revenues of 5,4 € mln in FY 2006 and of 3.1 € mln in FY 2005

23

Acquired orders 833,1 796,5 534,3 240,1

Value of production 702,1 610,2 236,8 252,7 EBIT 73,9 63,9 21,4 18,4 EBIT margin 10,5% 10,5% 9,1% 7,3%Working capital (70,0) (7,9) (171,9) (133,7)Net invested capital 8,6 64,3 (124,3) (126,0)R&D 33,2 33,3 2,0 1,4 Total staff 3.606 3.304 327 318

1.248,1

SIGNALLING TRANSPORT SYSTEMS

950,1

2006 FY 2005 FY 2006 FY 2005 FY€mil.

Order Backlog 1.319,6 1.223,4

Ansaldo STS Group 2006 Results:Ansaldo STS Group 2006 Results:Key figures by Business Unit Key figures by Business Unit

CTC / SCADA

On boardATP / ATO

Wayside ATP+ Interlocking

CTC / SCADA

On boardATP / ATO

Wayside ATP+ Interlocking

The values reported in the table include the transactions between the Business units.The figures for 2005 were drawn from the aggregate financial statements prepared at the time of the listingThe restatement of 2006-05 Production Revenues in accordance with IAS 1 represents a reduction of Revenues (only for Signalling Unit) of 5,4 € mln in FY 2006 and of 3.1 € mln in FY 2005

General Contractor

Vehi

cles

Other

SubsystemsIn

frast

ruct

ure

Technological Integrator System

Provider

Ansaldo STS scope of workSignalling

Security

Components, Services& Maintenance

General Contractor

Vehi

cles

Other

SubsystemsIn

frast

ruct

ure

Technological Integrator System

Provider

Ansaldo STS scope of workSignalling

Security

Components, Services& Maintenance

24

60%

17%

13%

9%

1%

40%

34%

10%15%

1%

Production Revenues DistributionProduction Revenues DistributionOrders DistributionOrders Distribution

€€mil 1.271,2mil 1.271,2 €€mil 922,8mil 922,875%

25%

58%

42%

Business Unit Systems

Business Unit Signalling

Ansaldo STS Group: Ansaldo STS Group: Orders & Production RevenuesOrders & Production Revenuesby Geographic area by Geographic area End of 2006 End of 2006

Italy Rest of West Europe North America Asia / Pacific Others

25

Traffic Control Systems

Interlocking

Automatic train Control

High Speed Lines

Ansaldo STS Group: Ansaldo STS Group: Main references & technologies Main references & technologies

RA

ILW

AY

RA

ILW

AY

MA

SS

MA

SS

TRA

NSI

TTR

AN

SIT

26

KOREA Seoul – Taegu (Pusan)

FRANCE - All TGV Lines

UK - Channel Section 1 & 2

CHINA - Quinhungdao - Shenyang

ITALYMilan - BolognaBologna - FlorenceRome - NaplesTurin - NovaraNovara - Milan

SPAIN - Madrid - Lleida

FRANCE – BELGIUM HS Link Paris – Brussels HSL

SPAIN – FRANCE HS Link Figueras - Perpignan

According to the UIC*, 56% of all HS lines in the world have been built by Ansaldo Signal (excluding Japan)

* UIC, Union of International railways, ”High Speed - Rail’s leading asset for customers and society” , November 2005

Ansaldo STS Group: Ansaldo STS Group: High Speed Lines High Speed Lines

27

ERTMS, was developed to secure an interoperable Traffic Control System for the whole European Railway Network

providing a single signalling standard as a basis for the full interoperability of the European railway network.

ERTMS can be superimposed on national signalling systems, allowing lines to work both on national specifications and ERTMS

Ansaldo STS has been awarded contracts for the development, deployment and maintenance of ERTMS lines and vehicles in France, Spain, Italy, Belgium, Czech Republic, Scandinavia, India

Ansaldo STS Group: Ansaldo STS Group: European Rail Traffic Management System (ERTMS)European Rail Traffic Management System (ERTMS)

28

SPAIN Madrid - Lleida HSL

ITALY - Whole Italian High Speed Network

BULGARIA - Plovdiv Junction and Stara Zagora-Burgas line

AUSTRIA & HUNGARY -Vienna Budapest line

SCANDINAVIA - STM

FRANCE - TGV Est

FRANCE Tournan -Marles-En-Brie line

SLOVENIA Branch

INDIA - Delhi

INDIA - Chennai

CHINA – CTCS level2

CZECH REPUBLIC Poříčany - Kolín

BELGIUM - Belgian Network level 1

SPAIN – FRANCE HS Link -Figueras - Perpignan

Ansaldo STS Group: Ansaldo STS Group: ERTMS ApplicationsERTMS Applications

29

Vienna - Budapest line

Madrid-Sevilla

Arezzo-RigutinoHS line

Torino-Marles-en-Brie line

Plovdiv junction andStara Zagora-Burgas line

Site Tests Ongoing Projects

Madrid-Lerida- HS lineWhole Italian H. S. network

(first line will be Roma-Napoli)

France: East TGV

Scandinavia:STM

Belgium: ERTMS 1

Ansaldo STS offers the complete answer to ERTMS levels 1, 2 (& 3)

India

One of the first applications

outside of Europe

IndiaIndia

One of the first applications

outside of Europe

India

Ansaldo STS Group: Ansaldo STS Group: ERTMS ApplicationsERTMS Applications

30

ITALY Rome, Turin, Naples & Genoa

MALAYSIA Tanjung Pelepas, Rawang Ipoh, Westport, KL Monorail, Seremban& KL Sentral

UK - Manchester South

PORTUGAL - Lisbon

USA Los Angeles - Green LineLong Island Rail Road JamaicaNew York - Metro NorthDallas - DARTChicago - CTA Blue Line CHINA - Beijing

to Hong Kong -Jing Liu Line

INDIA Over 100 Stations Throughout India

AUSTRALIAQueensland, New South Wales, Western Australia & South Australia

DENMARK - Copenhagen

SWEDEN - Roslagsbanan line

FINLAND - Jyäskylä

CHINA - Shanghai Metro Line 2

BOTSWANA8 stations

BANGLADESH16 stations

Ansaldo STS Group: Ansaldo STS Group: Computer Based Interlocking IXLComputer Based Interlocking IXL

31

MALAYSIA - Kuala Lumpur CTC

CHINA - Hong Kong Metro Lantau Airport ExpressStation Management System

ITALY Bari - Bologna LineVenice Railway JunctionFlorence - Rome LineNational Integrated Traffic supervision systemRailtrack plc Network Management Centre CSX - Next Generation Dispatching SystemGenoaNaples

BRAZIL - Belo Horizonte

CHINA -Shanghai Line 2

DENMARK - Copenhagen

FRANCE - Lyon

SWEDEN - Roslgsbaban

UK - Newcastle MetroUSA - Boston (MBTA)

USA - Pittsburgh (PAAC)

AUSTRALIA- Perth, North West, North East Coast

INDIA – Ghaziabad-Kanpur

BOTSWANA –622 kms Main Line

Ansaldo STS Group: Ansaldo STS Group: Operation and Traffic ControlOperation and Traffic Control

32

Conventional Metro:Transport system running on

dedicated and protected track Capacity between 8,000 - 50,000

(and above) passengers per hour per direction (pphpd)

Required maximum speed cannot exceed 100 km/h

Vehicle frequency up to 90 seconds

Mass-Transit is focused on urban mobility, with high headway and volumes of passengers per hour on relatively short routes

Driverless Metro: Same features of Conventional

Metro but no personnel on board

Full operational flexibility with vehicle frequency below 90 seconds

Tramway:Ordinary urban mobility with

capacity between few thousands and 8,000 pphpd

Minimum vehicle frequency about 3 minutes

Distance between two stops 500 m or less (in city centre)

Mass-Transit

Ansaldo STS Group: Ansaldo STS Group: Mass TransitMass Transit

33

Seoul

Shanghai

TaipeiHong Kong

Kuala Lumpur

Cairo

ITALYGenoa, Brescia, Trieste,

Circumvesuviana, Milan, Naples & Rome

Bucharest

Stockholm

Oslo

Copenhagen

LisbonMadrid

Paris & Lyon

ManchesterBirmingham

Mexico City

Lima

Santiago

Sarmiento

San Paulo

Rio de Janeiro

Belo Horizonte

USAAtlanta, Baltimore, Boston, Chicago, Cleveland, Dallas, Kansas City, Los Angeles, Miami, New York, Philadelphia, Pittsburgh, Portland & Washington

Caracas

Dublin

ThessalonikiLisbonMadrid

Thessaloniki

Bucharest

Ansaldo STS Group: Ansaldo STS Group: MetrosMetros

34

Key Contact

Headquarter:Via Paolo Mantovani, 5

16151 Genoa, Italy

Investor Relations: Andrea Razeto

investorelations@ansaldo-sts.comwww.ansaldo-sts.com

Tel: +39 010 655 2111Fax: +39 010 655 2055