ALSTOM wins a new contract for the metro of Santiago,
Chile

ALSTOM has signed a contract valued at the equivalent of 130
million euros with Metro SA, the operator of the metro of
Santiago (Chile), for the supply of rolling stock intended to
strengthen the existing fleet.

For the contract, ALSTOM will supply a total of 92 cars (10
x 8-car trains, a 7-car trainset, and five trailer cars to be
added to existing trainsets). The order includes the
maintenance of the new trainsets for two years. The new trains
will use the latest technology, including Agate MediaTM,
ALSTOM's passenger information system. The vehicles are
designed with walkthrough gangways, which allow passengers to
circulate freely throughout the train.

The new vehicles will allow the customer to cope with rising
passenger traffic and to meet the needs linked to the extension
of the Lines 5 and 2 of the Santiago metro.

First deliveries are scheduled for spring 2002 and will
continue at a rate of one train per month.

This contract is a follow-on to the order placed by Metro SA
in 1997, which was for 6 x 7-car trainsets. This new success
confirms ALSTOM's position in Chile as the premier supplier for
urban transport, and will bring to more than 530, the number of
vehicles supplied by the Company to the Santiago metro since
1978. In Latin America, ALSTOM also supplies the metros for the
cities of Caracas (Venezuela), Fortaleza, Sao Paulo, Rio and
Brasilia (Brazil), Mexico City (Mexico), and Buenos Aires
(Argentina).

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, power conversion and electrical
contracting and the transport market through its activities in
rail and marine. Following the full integration of the power
generation activities, ALSTOM today has annual sales in excess
of 20 billion euros and employs more than 140,000 people in
over 70 countries.

ALSTOM Transport, with sales of over 4 billion euros and a near
20% market share, is a leading supplier of rolling stock,
signaling, services and railway systems to the rail industry
world-wide.

Press enquiries :

Séverine Gagneraud /Gilles Tourvieille (Tel : + 33 1 47 55
25 87)

internet.press@chq.alstom.com

Investor relations :

Heather Green (Tel : +33 1 47 55 25 78)

Investor.relations@chq.alstom.com

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