RNS Number:3623R
Turbo Genset Inc.
28 October 2003

Tuesday 28th October 2003

                            TURBO GENSET INC SECURES
                        NEW RAIL ORDER FOR #1.9 MILLION

Turbo Genset Inc. ("Turbo Genset"), the innovative power generation and power
conditioning equipment provider, is pleased to announce that its Power
Electronics division has received an order for #1.9 million to provide 150 6kVA
Power Converters for installation on the London Underground D class rolling
stock. These units convert high voltage electricity taken from the track and
provide high quality ac power for use by on-board ancillary systems.

The order for these Converters was placed by Bombardier Transportation and is
part of the ongoing District Line refurbishment programme.

First deliveries are scheduled for February 2004 and the final units will be
delivered in February 2008.

The D class trains are currently the oldest stock running on the London
Underground that have not been refurbished and were introduced in stages between
1980 and 1983.

Commenting on this order, Colin Besant, Chairman and Chief Executive Officer,
said:

"This is not only an exciting new development for Turbo Genset as it is our
first order related to the London Underground but it also further underlines our
position as a major supplier of power electronics to the rail industry, not only
in the UK but across the world.

This contract will involve working closely with other rail equipment suppliers
and provides the opportunity to develop closer business relationships.
We hope that this will be the first of many opportunities open to us."



For further information, please contact:

Turbo Genset Inc UK                            Tel: +44 (0)20 8564 4460
Colin Besant, Chairman and Chief Executive
Fraser Searle, Chief Financial Officer
Michael Hunt, Group Sales Director             Tel: +44 (0)191 594 4850

Turbo Genset Inc Canada
Richard Kapuscinski, Business Development      Tel: +1 (905) 690 1722

Gavin Anderson (PR)                            Tel: +44 (0)20 7554 1400
Neil Bennett
Tom Siveyer

Seton Services (IR)                            Tel: +44 (0)20 7373 3536
Toni Vallen                                    Fax: +44 (0)20 7792 0430
                                               Email: toni@setonservices.com

Company Website:                               www.turbogenset.com
                                               


NOTES TO EDITORS

About Turbo Genset

Turbo Genset develops innovative products for power generation and power
conditioning. The Group was established in 1993 as a spin-off from Imperial
College, London and was floated on the London stock exchange in July 2000 and
soon after obtained a secondary listing in Toronto. In July 2001, the Group
acquired Intelligent Power Systems Limited (I-Power) specialising in power
electronics.


About Power Electronics

Power electronics products take a range of power inputs and condition them to
achieve outputs of precisely defined characteristics for applications such as
industrial lasers, Ultra Violet sterilization systems and railway power
electronics systems.


Bombardier Transportation

Bombardier Transportation is the global leader in the rail equipment
manufacturing and servicing industry. Its wide range of products includes
passenger rail cars and total transit systems. It also manufactures locomotives,
freight cars, propulsion & controls and provides rail control solutions. In
April 2003, Bombardier Transportation received contracts for the supply of
rolling stock, signalling, maintenance and project management for the
modernisation of London's Underground system.


Forward Looking statements

This news release contains forward-looking statements. Forward-looking
statements include statements concerning plans, objectives, goals, strategies,
future events, or performance, and underlying assumptions and other statements
that are other than statement of historical fact. These statements are subject
to uncertainties and risks including, but not limited to, the ability to meet
ongoing capital needs, product and service demand and acceptance, changes in
technology, economic conditions, the impact of competition, the need to protect
proprietary rights to technology, government regulation, and other risks defined
in this document and in statements filed from time to time with the applicable
securities regulatory authorities.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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