Alstom to sell its UK train renovation businesses

Earlier this year, Alstom conducted a review of its UK train
heavy renovation businesses with annual sales of approximately
60 M (representing 15% of UK Transport sales) and 430
employees on the sites of Springburn and Wolverton. Considering
that this activity is similar in nature to rolling stock
manufacturing, which Alstom no longer carries out in the UK,
and that its profitability profile is not in line with
Alstoms targets, it was decided to sell it to a company
within the industry who could take it forward.

Railcare Ltd is a group of personal investors operating in the
rail market, including the general manager of the Wolverton
site who will continue to manage the businesses in the future.

When the sale is completed, Alstoms Transport activities
in the UK will be concentrated in the maintenance, electrical
renovation, parts and signalling markets. Alstom Transport will
also continue to bid for new rolling stock projects in the UK
that will combine local project management and engineering
skills with its European centres of manufacturing excellence.

Once the transaction is concluded, Alstom Transport will employ
approximately 1600 people at some 20 locations across the UK
and Ireland. Alstoms existing Transport activities in
the UK include maintenance of one of the worlds biggest
Pendolino fleets, providing Virgin Trains with consistently
high availability and ever increasing reliability. Alstom also
maintains the Northern and Jubilee Line fleets on the London
Underground fleets for Tube Lines and successfully introduced,
ahead of schedule, 59 new cars and four new trains onto the
Jubilee Line.

Press contacts

Philippe Kasse, Stéphane Farhi (Corporate)

Tel +33 1 41 49 29 82 /33 08

press@chq.alstom.com

Cécile Dodat (Transport)

Tel + 33 1 41 66 91 48

Investor Relations

Emmanuelle Chatelain

Tel + 33 1 41 49 37 38

investor.relations@chq.alstom.com