WABCO Announces Multi-Year Contract With ZF

BRUSSELS, Belgium, October 2, 2008 - WABCO Holdings Inc. , a global technology leader in the commercial vehicle industry, today announced the extension of a long-term agreement to supply ZF with transmission automation systems for their "AS Tronic" and "AS Tronic lite" automatic transmissions. WABCO's extended contract with ZF, one of the world's leading automotive industry suppliers specializing in driveline and chassis technologies, is worth several hundred million U.S. dollars in cumulative sales into the next decade.

"As a technology leader in transmission automation, we are passionate about working with ZF as their transmission systems continue to set new standards and strengthen their market position," said Jacques Esculier, WABCO Chief Executive Officer. "ZF is an industry leader in modern commercial vehicles and we are proud to be their partner as they pursue growth and increased market penetration for their transmissions."

WABCO supplies transmission automation systems that enable a manual transmission to be operated automatically. WABCO's technology uses mechatronics, which combines mechanical systems with electronics and computational algorithms to enable more efficient and reliable performance.

"This commitment strongly supports ZF in delivering the most advanced driveline technology to their customers on a continual basis," said Hans-Jurgen Sander, WABCO Vice President, Driveline Controls. "Our passion is to help set new standards of economy, safety and convenience for the AS Tronic line of automatic transmissions."