Acquisition of a 33 per cent interest in Tågia (SE) by Adtranz — Amount not disclosed.

Carnegie acted as adviser to Adtranz. In October 2000 the maintenance activities of all subway and streetcar rolling stock in Sweden was transferred to a newly established company, Tågia AB. These activities had previously been conducted by the transit principal, Storstockholms Lokaltrafik, and the transit operator, Connex. At the same time, Adtranz acquired a 33 per cent interest in Tågia. October, 2000.