Press release

Wabtec Declares Regular Quarterly Common Dividend

Sponsored by Businesswire

Wabtec Corporation (NYSE: WAB) announced today that its Board of
Directors declared a regular quarterly common dividend of 12 cents per
share, payable on August 23, 2019 to holders of record as of August 9,

Raymond T. Betler, Wabtec’s president and chief executive officer, said:
“We continue to deliver strong performance across our robust portfolio,
remain confident in the future of the company and our commitment to
returning value to our shareholders.”

About Wabtec Corporation

Wabtec Corporation is a leading global provider of equipment, systems,
digital solutions and value-added services for freight and transit rail.
Drawing on nearly four centuries of collective experience across Wabtec,
GE Transportation and Faiveley Transport, the company has unmatched
digital expertise, technological innovation, and world-class
manufacturing and services, enabling the digital-rail-and-transit
ecosystems. Wabtec is focused on performance that drives progress,
creating transportation solutions that move and improve the world. The
freight portfolio features a comprehensive line of locomotives, software
applications and a broad selection of mission-critical controls systems,
including Positive Train Control (PTC). The transit portfolio provides
highly-engineered systems and services to virtually every major rail
transit system around the world, supplying an integrated series of
components for buses and all train-related market segments that deliver
safety, efficiency and passenger comfort. Along with its
industry-leading portfolio of products and solutions for the rail and
transit industries, Wabtec is a leader in mining, marine and industrial
solutions. Wabtec has approximately 27,000 employees in facilities
throughout the world. Visit the company’s new website at: