This paper describes the transfer component of a syntax-based Example-based Machine Translation system. The source sentence parse tree is matched in a bottom-up fashion with the source language side of a parallel example treebank, which results in a target forest which is sent to the target language generation component. The results on a 500 sentences test set are compared with a top-down approach to transfer of the same system, with the bottom-up approach yielding much better results. 1