St-Bruno, Québec, April 23, 2004 - Bombardier Recreational Products Inc. (BRP) announced today its plan to release its 2004 Fiscal Year audited consolidated financial statements on Friday, May 28, 2004.

BRP's financial statements will present its results of operations from December 19, 2003, the date of acquisition of the BRP group from Bombardier Inc., to January 31, 2004, its fiscal year end. They will also reflect purchase price adjustments, including adjustments required to record assets and liabilities at their fair value on the date of acquisition or assumption by BRP.

Unaudited Highlights

" Total pro forma revenues for the year ended January 31, 2004 of $2.5 billion Cdn, the same as last year. These include the revenues for the 321 day period of February 1st, 2003 to December 18, 2003 when BRP was still part of Bombardier Inc., and the revenues from the date of acquisition December 19, 2003 to January 31, 2004.
 
" Total long term debt as of January 31, 2004 of $640 million Cdn. No amount has been drawn under the revolver facility as of January 31st, 2004.

" Total cash and cash equivalents as of January 31, 2004 of $196 million Cdn.

General comments

The snowmobile selling season ended on March 31, 2004 with an increase in market share for its Ski-Doo® snowmobiles in North America, allowing BRP to remain the leader of the industry. BRP's PWCs (personal watercraft), ATVs (all-terrain vehicles) and outboard engines have also gained market share for their respective seasons, which ended in September 2003. This was mainly due to an improved offering in all product lines.

As planned, BRP has also started delivery of its Evinrude® E-TEC^TM outboard engines in the later part of Fiscal 2004.

While market share trends were favorable, BRP'S revenues have remained stable compared to last year's figures following a decision to lower dealer inventories and shift PWC production into early part of Fiscal 2005.

In April, BRP was granted two important awards recognising its 2004 Ski Doo MX Z^TM 600 HO SDI, one as "The Snowmobile of the Year" from Powersport Business Magazine and the other from Snow Track Television, as "Real World Sled of the Year''.

Conference Call

A conference call will be held at 11:00 a.m. (EST) on Friday, May 28, 2004 to discuss these results. To participate in the call, please dial 1-800-387-6216.
 
Bombardier Recreational Products Inc. is a world leader in design, development, manufacturing, distributing and marketing of Ski-Doo® and Lynx® snowmobiles, Sea-Doo® watercraft and sport boats, Johnson® and Evinrude® outboard engines, direct injection technologies such as Evinrude E-TEC^TM, Bombardier* all-terrain vehicles (ATV), Rotax^TM engines and karts, as well as Bombardier* utility vehicles.

®, ^TM Trademark of Bombardier Recreational Products Inc. or its subsidiaries.
* Trademark of Bombardier Inc. used under license.

For information:  
Pierre Pichette
Vice President, Communications and Public Affairs
(450) 461-7762
pierre.pichette@brp.com

www.brp.com