ALSTOM completes the sale of its Contracting sector

The Company announced the completion of the sale of its
Contracting Sector to CDC Equity Capital (CDC IXIS Group) and
Charterhouse Development Capital, which financed a management
buy-out.

All regulatory approvals have been obtained and the deal was
formally closed today.

The transaction, which was announced on 15 May 2001, was
finalised with a definitive sale price of ¬ 756 million
.

Contacts :

Press enquiries:

Gilles Tourvieille

(Tel. +33 1 47 55 23 15)

gilles.tourvieille@chq.alstom.com

Investor relations:

Rob Shaw (Tel. +33 1 47 55 25 78)

investor.relations@chq.alstom.com

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