Bombardier Honours Midas with Supplier of the Year Award

Midas Holdings Limited announced today that its Aluminium Alloy Division, Jilin Midas Aluminium Industries Co., Ltd has won the "Supplier of the Year Award" from Bombardier Transportation, the rail equipment manufacturing and servicing division of Bombardier Inc. Listed on the Toronto Stock Exchange, Bombardier Inc. is one of the world's leading manufacturers of innovative aerospace and rail transport solutions.

Bombardier presents the Supplier of the Year Award in recognition of suppliers' quality products, exemplary work and service. Jilin Midas is the only supplier to have received an award under this category from Bombardier for 2011.

"Jilin Midas is a strategic supplier in the field of aluminium extrusions," said Pierre Attendu, Vice President Operations and Chief Procurement Officer, Bombardier Transportation. "Through its hard work and constant dedication, Midas has provided exemplary support to Bombardier. Challenges in our projects were always shared by Jilin Midas in a spirit of finding the best solutions."

Mr Patrick Chew, CEO of Midas, said: "We are honoured to receive this award from Bombardier, the largest player in the international rail equipment sector. This award is both a confirmation of our hard-earned success and an endorsement from a major customer in Midas' capabilities and expertise as a supplier. Going forward, we will endeavour to maintain the highest standards in delivering quality products and services to the global market."