ALSTOM wins order for New Jersey transit commuter
coaches

The Board of the New Jersey Transit Corporation (NJ Transit)
today authorized a contract with ALSTOM worth 224 million euros
for up to 230 push-pull commuter cars. As many as 30 of the
rail cars will be paid for by MTA Metro-North Railroad, which
supplies NJ Transit with the equipment necessary to provide
contract service to Metro-North commuters on the Passaic Valley
and Port Jervis lines. NJ Transit is the third largest provider
of bus, rail and light rail transit in the United States,
linking major points in New Jersey, New York and
Philadelphia.

The 85 foot single-level stainless steel cars will be
equipped with the latest in passenger amenities, including
automated public address system, LED information displays,
automatic doors, and the latest safety standards developed by
the Federal Railroad Administration and the American Public
Transit Association. They will have bright, modern interiors
and be fully wheelchair accessible. The design focuses on a
high level of reliability and maintainability, incorporating
such low-maintenance features as roof-mounted air
conditioning.

The body shells will be manufactured at ALSTOM's stainless
steel plant in Sao Paulo, Brazil, and then shipped to the
company's facility in Hornell, New York for final assembly.
Delivery of the cars is expected to begin in the third quarter
of 2001, 18 months after the notice to proceed.

This latest order further strengthens ALSTOM's position in
North America and follows orders for bi-level intercity coaches
for Amtrak's southern California corridor, and for propulsion
equipment destined for the New York City subway and New Jersey
Transit's Hudson-Bergen line. ALSTOM is also supplying Amtrak
with the high speed Acela trains to link Washington, New York
and Boston in a consortium with Bombardier.

ALSTOM is a world leader in the energy and transport
infrastructure markets. Present in more than 60 countries,
ALSTOM is organised in six sectors, Energy (through ABB ALSTOM
POWER, the 50-50 joint company created with ABB), Transmission
& Distribution, Transport, Industry, Marine and
Contracting, all of these being supported by the ALSTOM
Network.

Press enquiries: I. Baudelaire / S. Gagneraud (Tel. +33 1 47
55 22 71)

isabelle.baudelaire@chq.alstom.com/severine.gagneraud@chq.alstom.com
Investor relations: H. Green (Tel. +33 1 47 55 25 78)

investor.relations@chq.alstom.com
Internet :
http://www.wcm.alstom.com