Date: Thu, 20 Nov 1997 16:16:59 GMT Server: Apache/1.2.4 Last-Modified: Tue, 02 Sep 1997 01:02:58 GMT ETag: "4b159-a83-340b65c2" Content-Length: 2691 Accept-Ranges: bytes Connection: close Content-Type: text/html MotivePower Press Release August 18, 1997
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Press Release August 18, 1997

MotivePower Industries Begins Trading On New York Stock Exchange Today

PITTSBURGH, August 18, 1997 - MotivePower Industries, Inc. (NYSE: MPO) announced that its common stock will be-in trading on the New York Stock Exchange today under the symbol "MPO".

Since the company's initial public offering in April 1994, its common stock has been trading on the Nasdaq National Market System, most recently under the symbol "MOPO".

MotivePower Industries said it was moving, to the New York Stock Exchange to promote enhanced shareholder value by improving trading, efficiencies and liquidity, by increasing the company's visibility in the investment community and by broadening the company's potential investor base.

MotivePower Industries (www.motivepower.com) is a leader in the manufacturing of products for rail and other power-related industries. Through its subsidiaries, the company manufactures and distributes engineered locomotive components; provides locomotive fleet maintenance and overhauls, and diesel engine overhauls; manufactures new, environmentally friendly, switcher, commuter and mid-range locomotives up to 4,000 horsepower- and manufactures components for power, marine and industrial markets.

EDITORS' ADVISORY: Photos of the company's listing ceremony will be available from the Associated Press desk in New York City. Video footage of the ceremony and brief interviews with company officials -- plus B-roll -- will be fed today sometime between 2:30 p.m. and 2:45 p.m. EST and can be accessed through Galaxy C4, Transponder 10; NR Loop #102362 and Waterfront #1630. For more information, please call Deborah DeSocio at the New York Stock Exchange at 212-656-2993.

Please Direct Comments and Inquiries to sales@motivepower.com

MotivePower Industries
1200 Reedsdale Street
Pittsburgh, PA 15233
412-237-2250

© Copyright 1997 MotivePower Industries