Blue Bird OEM Propane School Bus

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Blue Bird OEMPropane School Bus

• John Rubenkoenig
• Capital Bus Sales

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New Ownership of Blue Bird

• September Sale of Blue Bird to Cerberus Capital
  Management, L.P.
  
• Present Management Will Remain in Place
• US based and owned company
• Cerberus owns many companies including
  Alamo/National Rental Car, Air Canada, Formica,
  Fila, 51 of GMAC Finance
  
• Increased Capital and Credit Line for Expansion
• Commitment to Growth of Blue Bird

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Blue Bird North Georgia Plant

• Vision Produced at Blue Bird North Geogia
  located in LaFayette, GA
  
• For 2nd Year in a Row -
• Blue Bird North Georgia Named One of 25
  Finalists for Industry Week Magazine Best Plants
  in North America
  

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Changes for Vision Bus

• New Hood Design
• New Dash Design
• New Steering Column/Wheel Design
• Multiplex Body System (2007 Engines) includes
• Exterior Light Monitor
• Emergency Exit Monitor
• Clock
• Child Check System Available, if Desired
• Other Warning Messages for Driver

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Blue Bird to Offer OEMPropane School Bus

• Vision Conventional Type C School Bus
• 47 77 Passenger Capacity
• 189 to 273 Wheelbase
• Will Meet all Texas School Bus Specifications

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Previous Blue Bird Propane School Bus Offering

• GM B7 Chassis
• GM 8.1L Gasoline Engine
• Only Available 59-77 Passenger
• GM Stopped Production of B7 Chassis
• No Gasoline Engines Available in Market
• GM Replacement Chassis Unacceptable to Dealers

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Grant from PERC

• Propane Education and Research Council (PERC)
  Grant Awarded to Blue Bird for Research
  Development Work on Propane School Bus
  
• Goal To Introduce OEM Propane School Bus to
  Marketplace
  
• Support from Texas Railroad Commission
• Panel of Propane School Bus Users Being Formed to
  Provide Input

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Contract with Powertrain Integration

• Blue Bird to Supply Two Vision School Buses to
  Powertrain Integration (May, 2006)
  
• Regular Production Buses with Diesel Engines
• One equipped with Hydraulic Brakes
• One equipped with Air Brakes
• Powertrain Integration to Design Assembly Methods
  for Blue Bird
  

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Contract with Powertrain Integration

• Powertrain Integration Will Return Buses to Blue
  Bird with 8.1L Engine Equipped with OEM Propane
  Fuel System Supplied by CleanFuel USA Liquid
  Propane Injection
• Buses will be Fully Operational on Propane

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Production Availability

• Regular Production of Blue Bird OEM Propane
  School Bus Expected March/April 2007
  
• Diesel Engine and ULSD Diesel Fuel Prices to
  Increase Significantly with 2007 EPA Compliant
  Engines
  
• OEM Blue Bird Propane Bus to Offer Viable
  Alternative
  
• Alternative Fuel Funds/Grants Available

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Propane Fuel Rebates

• Through 2009 Congress Has Authorized Alternative
  Fuel Rebate
  
• 50 Cents per Gallon for Propane
• School Districts Eligible to Apply for Rebate
  Direct from IRS if Have Own Fueling Facility
  
• Must Register with IRS Form 637
• File IRS Form 4136 Annually
• New Forms Not Available Yet on www.irs.gov
  website Should be Available 30-60 Days

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Contact for Additional Information

• Capital Bus Sales and Service of Texas, Inc.
• 800-290-3006