Allison Transmission helps Australian students enjoy safer ride

ADELAIDE, Australia – A new fleet of automatic-equipped Daewoo school buses has been in service with the South Australian Department of Education and Child Development (DECD) since June 2012. The DECD now specifies that all new school buses purchased by the department be equipped with automatic transmissions, to ensure better safety for travelling students. According to Ian Campbell, Managing Director of Asia Motors/Daewoo Bus Australia, automatic transmissions allow school bus drivers to concentrate on steering the bus safely. This permits drivers to focus on the road and the students, while promoting longer service life and better overall vehicle efficiency to minimize operational costs.

“South Australia’s decision to go exclusively automatic for its school buses is really part of a larger move away from manual transmissions in buses, ensuring not only increased safety, but improved passenger comfort as well,” said Campbell.

“Automatic buses have a lot fewer maintenance and repair worries, because there is no clutch to wear out. The gear changes are smoother and easier on the driveline, and there is virtually no need to touch them, save for a filter change about once every three years,” he added.

Daewoo Bus Australia has a choice of automatic transmissions from the Korean chassis manufacturer, but exclusively specifies Allison transmissions. In the seven years since the company began importing Daewoo to Australia, it has delivered more than 300 buses, all equipped with Allison automatics.

“As an importer we made the decision some time ago that we would only import and sell automatic buses, and while we had the choice of several brands, we have always chosen Allison,” said Campbell. “Our experience with them, along with the availability of better service back-up and technical support, meant Allison really was the only choice as far as we were concerned.”

Campbell said his company’s relationship with Allison both in Korea and Australia was also a key factor in the decision to specify Allison in all its buses. “Allison has delivered the service and technical advice we have needed, and we have built a very strong relationship with them.”

“The fact is there is very strong customer demand for Allison because we have sold them on the features. Once the buses are in service, the operators appreciate the advantages and benefits Allison transmissions deliver,” he added.

All South Australian DECD buses are equipped with the Allison T280R, six-speed automatic transmissions, coupled to Daewoo turbo diesel engines. A total of nine 57-seat and six 47-seat school buses now operate across the region.

About Daewoo Bus

Daewoo Bus Corporation was established in Korea in 1955 and is Korea’s leading manufacturer of buses and bus chassis with an annual production capacity of 14,000 units manufactured in Daewoo facilities around the world.

Daewoo bus chassis were first imported to Australia in 2004 using bodies designed and built in collaboration with UBC/Chiron Commercial Vehicles; a wholly Australian owned and managed company located in Malaysia. UBC and Daewoo have together developed buses of the highest standard of quality and durability, with both companies obtaining ISO9002 quality certification.

Daewoo Bus Australia is a customer-focused company with more than 40 years of experience in the Australian bus industry, continuing to strive for excellence in product design, after-sales service and quality.

About Allison Transmission

Allison Transmission is the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses. Allison transmissions are used in a variety of applications including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school and transit), motor homes, off-highway vehicles and equipment (primarily energy and mining) and military vehicles (wheeled and tracked). Founded in 1915, the Allison business is headquartered in Indianapolis, Indiana, U.S.A. and employs approximately 2,800 people. Allison has manufacturing facilities and customization centers located in China, The Netherlands, Brazil, India and Hungary, with a global presence, serving customers in North America, Europe, Asia, Australia, South America and Africa. Allison also has more than 1,500 independent distributor and dealer locations worldwide. More information about Allison is available at www.allisontransmission.com.

This press release may contain forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," “intend,” “forecast,” “could,” "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; our participation in markets that are competitive; general economic and industry conditions; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; the concentration of our net sales in our top five customers and the loss of any one of these; risks associated with our international operations; brand and reputational risks; our intention to pay dividends; and labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.

Press Contacts

Jon Thomson

Thomson PR

jon@thomsonpr.com.au

+61 (2) 9451-7687

3/19 Sydenham Rd

Brookvale, NSW 2100

Australia

Holly Zhang

Allison Transmission Asia Pacific holly.zhang@allisontransmission.com

+86 (10) 6468-6800, ext. 8818

Room 319, Block C, Guomen Building

#1 Zuo Jia Zhuang, Chaoyang District

Beijing China

Jan 22, 2013

About Allison Transmission

Allison Transmission (NYSE: ALSN) is the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and is a leader in hybrid-propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,600 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.