ALSTOM wins a 370M Euros overhaul contract for Washinton
metro rolling stock

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For the contract, ALSTOM will completely
refurbish the metro cars, which were built between 1983 and 1988,
replacing the existing propulsion systems with its
state-of-the-art ONIX traction drives, and installing an advanced
cab signaling system. This will significantly reduce the car's
energy consumption and maintenance costs, while improving overall
reliability. Work will be carried out at ALSTOM's Hornell and
Rochester, NY, facilities. Deliveries are scheduled from August
2002 through June 2005.

Michel Moreau, President of ALSTOM's Transport Sector, said :

'We are delighted by WMATA's choice of ALSTOM. This contract
represents the Washington metro's largest single order and is the
most comprehensive fleet renovation it has ever undertaken. This
order represents an important step in the development of ALSTOM
Transport in the United States.'

With more than 35 product lines and a presence in over 60
countries, ALSTOM's Transport Sector offers cutting-edge
products and services to four distinct types of customers:
urban transit authorities and operators; intercity passenger
rail operators and rolling stock owners; rail freight
operators; and intercity railway infrastructure owners.
ALSTOM's Transport Sector, with 4.4  billion euros in
sales in 2001, is among the world's leading suppliers to the
railway industry.

Press contact:
Helen Connolly

Tel. +33 (0)1 41 66 91 43

helen.connolly@transport.alstom.com