ALSTOM chosen for the world's longest fully automated metro
line in Singapore

ALSTOM, in consortium with
Singapore Technologies Electronics (STE), has just been
chosen by the Land Transport Authority (LTA) of Singapore
to supply the electrical and mechanical railway systems for
the remaining stages of the city's Circle Line fully
automated driverless metro. The total value of this project
amounts to more than 420 million euros, of which ALSTOM's
share will be 295 million euros. Together with stages 1
& 2, the total value of the Circle Line contract is now
739 million euros, of which 522 million euros for
ALSTOM.

With the addition of this new
24-kilometre extension, the Circle Line will become a
35-kilometre metro network, making it the world's longest fully
automated metro line.

The first two phases, of 11
kilometres in total, were awarded to ALSTOM and STE in December
2000 and June 2001 respectively. The first rolling stock
shipment for these phases is scheduled for 2004.

For this third phase, ALSTOM will
also be responsible for the overall project management, the
system engineering and integration, and the supply of rolling
stock, signaling equipment, automatic train control and
supervision, power supply system and trackwork. The AxonisTM
system for the fully automated metro supplied by ALSTOM will
comprise 26 x 3 MetropolisTM trainsets. A similar system is
being delivered to Singapore for the North East Line
project.

STE will be responsible for
integration of the signaling equipment, control centre,
communication, platform screen doors, station information
system and access management system.

Michel Moreau, President of
ALSTOM's Transport Sector, said: 'We are very pleased that LTA
of Singapore has once again chosen ALSTOM for its fully
automated driverless metro. In addition to demonstrating LTA's
continuing confidence in our technology, this new success
reinforces ALSTOM's strategic market positioning in Asia for
urban transport systems. This new mode of transport will
provide the public of Singapore with a comfortable, safe and
effective means of transport to complement its existing metro
network.'

ALSTOM is the global
specialist in energy and transport infrastructure. The
Company serves the energy market through its activities in
the fields of power generation, power transmission and
distribution and power conversion and the transport market
through its activities in rail and marine.

Following the sale of its electrical contracting activity,
finalised on 20 July 2001, ALSTOM has annual sales in
excess of 22 billion euros and employs 120,000 people in
over 70 countries.

The Company is listed on the Paris, London and New York
stock exchanges

ALSTOM's Transport Sector, with annual sales of 4.4 billion
euros, is an internationally leading supplier of rolling
stock, information systems, services and complete turnkey
systems to the rail industry.

Press enquiries:
S. Gagneraud / G. Tourvieille

(Tel. +33 1 47 55 25 87) -
internet.press@chq.alstom.com

Investor relations:
R. Shaw

(Tel.+33 1 47 55 25 78) -
investor.relations@chq.alstom.com

Internet :
http://www.wcm.alstom.com