Appointment of new Director General of the Société de transport de Montréal;

Press release

Appointment of new Director General
of the Société de transport de Montréal

Montreal, 24 April 2006- The Chairman of the STM Board of Directors, Mr. Claude Trudel, is pleased to announce the appointment of Mr. Yves Devin to the post of Director General of the STM. Mr. Devin replaces Mr. Pierre Vandelac and will take up his new functions on May 8 next.

This appointment represents a return to the STM for Mr. Devin, who has already held several different positions with the Corporation over a period of some ten years. These included, in sequence, the position of Director of Professional Relations, Director of Human Resources, Executive Director Operating Support, and COO Bus Systems. Yves Devin left the STM in 2002 to become Director General of the Montreal Casino.

"His in-depth knowledge of the corporation and of public transportation as a whole, his open-mindedness with respect to our customers and to our human resources, together with his vast experience in management, are the major assets that led the Board of Directors to offer him this position," explained Mr. Trudel.

Mr. Devin's will be looking to increase both the population's use of public transport and the level of customer satisfaction. Additionally he will be facing the uphill task of completing the major overhaul of the STM, a task that includes renewing rolling stock and installed equipment, improving existing facilities, and bringing major projects, such as the opening of the Laval Metro station, to a successful conclusion; setting up the new sales and collection system, and introducing a series of preferential measures. The implementation of all these projects will be effected within a context of labour turnover and shortage of resources. "I firmly believe that Mr. Devin will be able to make an active contribution to the creation of a stable financial environment that will allow him to meet these many exciting challenges with style and brilliance," said Mr. Trudel.

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