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ALSTOM wins metro contract worth 435 million euros from
Paris Transport Authority

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ALSTOM's share of the contract is 435 million euros, 63 % of
the total amount. The metro trains are destined to replace
roughly 40% of the RATP's current metro fleet, beginning in 2005.
The new trains, designated MF 2000, will be composed of five
cars, three of which will be motorised with ONIX traction, also
supplied by ALSTOM to the Washington D.C. metro. Each metro car
will have a capacity of between 92 and 112 seated passengers. At
more than 30 years old, the metro cars to be replaced are at the
end of their natural lifecycle.

The new cars, selected following an
international tender, use proven, technologically advanced
solutions to assure excellent performance and safety at reduced
initial and lifecycle costs. The RATP will thus be able to offer
its passengers high levels of comfort and low ambient noise.
Improvements include air conditioning and full width gangways
between metro cars giving passengers total visibility and free
movement the length of the train's interior for improved
security.

The metro cars are to be built in Valenciennes,
in the northern region of France. A pre-series train will be
delivered for testing on Line 2 of the Paris metro in December
2003. Full production is scheduled to begin by mid-2004 and the
first series train for Line 2 will be delivered by December

2005.  Deliveries for Line 5 will begin in mid-2008,
and for Line 9 in mid-2011. Final deliveries are scheduled for
December 2015.

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

'It is most gratifying to bring our new technologies to our
long-standing customer, RATP. This contract is proof of our
long-term commitment to them, and to their passengers, for new
levels of comfort including noise-reduction in mass
transit.'

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. ALSTOM today has annual sales in excess of 24
billion euros and employs approximately 140,000 people worldwide.

ALSTOM's Transport Sector, with sales of 4.4 billion euros
and a 17% market share, is a leading supplier of rolling stock,
signaling, services and railway systems to the rail industry
world-wide.

Press contact:
Helen Connolly

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

helen.connolly@transport.alstom.com