BRP (TSX:DOO; NASDAQ:DOOO), announced today that it has entered into a 
definitive agreement to acquire 80% of the outstanding shares of Telwater Pty 
Ltd ("Telwater"), Australia's leading and largest manufacturer of aluminum 
boats and trailers. Following the closing of the contemplated acquisition, Paul 
Phelan, Telwater's current owner and Managing Director, will continue to play 
an important role in the operations of the business and will hold 20% of the 
company's outstanding shares. 

"We are excited to start this new chapter of our journey by joining forces with 
a global leader like BRP. This acquisition means we can continue our growth 
here and abroad, and leverage BRP's know-how and capacity to constantly 
innovate," explained Paul Phelan. "Our local knowledge and expertise will be 
put to good use by BRP's Marine Group and we are looking forward to being part 
of the BRP family."   

"Telwater was especially attractive to us because of our strong existing 
relationship with them and the passionate people in Coomera, representing a 
great opportunity to reinforce our presence in Australia," said Jose Boisjoli, 
President and Chief Executive Officer of BRP. ''This is one more piece of the 
puzzle in our strategy to transform the marine industry and a chance for us to 
further our goal of becoming a leading global marine company by investing in 
the current leader in this region," added Mr. Boisjoli. 

Once the intended acquisition is completed, Telwater will join the BRP Marine 
Group as an independent product line, along with the Evinrude, Alumacraft and 
Manitou brands. This will allow BRP to increase and strengthen its position in 
the aluminum boat industry in regions with excellent growth potential. Having 
this manufacturing footprint in Australia will give BRP additional options for 
supporting other product lines in the future. 

The acquisition remains subject to certain customary closing conditions, 
including regulatory approval, and is expected to be completed in the second 
quarter of BRP's fiscal year 2020.

For additional information on Telwater, visit www.telwater.com

About Telwater

Telwater is well-known as the premier aluminum boat manufacturer in the region, 
with manufacturing facilities in Coomera, Queensland, Australia, and selling 
market-leading brands such as Quintrex, Stacer, Savage and Yellowfin Plate. The 
Company manufactures over 8,000 boats and 5,500 trailers annually, employs over 
270 people and has a network of around 180 dealers across Australia and Asia 
South Pacific. 

About BRP

We are a global leader in the world of powersports vehicles, propulsion systems 
and boats built on over 75 years of ingenuity and intensive consumer focus. Our 
portfolio of industry-leading and distinctive products includes Ski-Doo and 
Lynx snowmobiles, Sea-Doo watercraft, Can-Am on- and off-road vehicles, 
Alumacraft and Manitou boats, Evinrude and Rotax marine propulsion systems as 
well as Rotax engines for karts, motorcycles and recreational aircraft. We 
support our lines of product with a dedicated parts, accessories and clothing 
business to fully enhance your riding experience. With annual sales of CA$5.2 
billion from over 120 countries, our global workforce is made up of 
approximately 12,500 driven, resourceful people.

www.brp.com 

@BRPNews

Ski-Doo, Lynx, Sea-Doo, Evinrude, Rotax, Can-Am, Alumacraft, Manitou and the 
BRP logo are trademarks of Bombardier Recreational Products Inc. or its 
affiliates. All other trademarks are the property of their respective owners.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS 

Certain statements included in this release, including, but not limited to, 
statements relating to the Marine Group of BRP, completion of the acquisition 
of Telwater Pty Ltd, and other statements that are not historical facts, may be 
"forward-looking statements" within the meaning of Canadian securities laws. 
Forward-looking statements are typically identified by the use of terminology 
such as "may", "will", "would", "could", "expects", "plans", "intends", 
"anticipates" or "believes" or the negative or other variations of these words 
or other comparable words or phrases. Forward-looking statements, by their 
nature, are based on assumptions, and are subject to important risks and 
uncertainties. Forward-looking statements cannot be relied upon due to, amongst 
other things, changing external events and general uncertainties of the 
business. Actual results may differ materially from results indicated in 
forward-looking statements due to a number of factors, including those 
identified in BRP's annual information form and management's discussion and 
analysis of financial condition and results of operations. The forward-looking 
statements contained in this release represent BRP's expectations as of the 
date of this release (or as of the date they are otherwise stated to be made), 
and are subject to change after such date. However, BRP disclaims any intention 
or obligation to update or revise any forward-looking statements whether as a 
result of new information, future events or otherwise, except as required under 
applicable securities regulations.

SOURCE  BRP