ALSTOM receives orders valued at more than 650 million
Euros for power generation plants in Brazil

ALSTOM has won orders for a multiple unit combined-cycle
plant, and for two gas turbines, all in Brazil and with a total
value of over 650 million euros.

Alexis Fries, Managing Director of ALSTOM's Power Sector
comments, ' We are, of course, very pleased that these
customers have chosen ALSTOM. These orders are the result of
our long-standing commitment to the Brazilian market. They are
also the results of the particular efforts to promote our
mid-range turbines through our extensive international sales
network. Obviously, we will keep on supporting the Brazilian
customers who are still in need of a significant amount of
power to meet the growing needs of the country.'

Combined-cycle cogeneration power plant for TermoRio

The first order is a turnkey contract to supply 3 KA11N2-2
blocks for the combined-cycle power plant of TermoRio, located
on the outskirts of Rio de Janeiro. When operational, the plant
will produce an electrical power output of more than 1000 MW
and 400t/hr of steam to be supplied to the Reduc refinery of
Petrobras and to the grid and will be the largest
combined-cycle and cogeneration power plant in South
America.

The contract, worth around 600 million euros, was placed by
TermoRio S.A., a special purpose company formed by NRG Energy,
Petrobras and PRS established in Brazil. The plant will be
constructed in phases, starting commercial operation in
simple-cycle mode in 2002, less than a year from order. The
whole plant is scheduled for completion at the beginning of
2004.

ALSTOM will supply the 6 gas turbines (type GT11N2), steam
turbines, heat recovery steam generators (HRSG), electrical
generators, main mechanical equipment of the power island and
control systems. In addition, ALSTOM in Brazil will be
responsible for the design, procurement and contracting for the
civil works and balance of plant, including a high-voltage
substation as well as installation of all the equipment at
site.

The TermoRio combined-cycle power plant incorporates
environmentally friendly state-of-the-art dry low NOx
combustion, a world-leading technology which satisfies all
environmental requirements. The plant will significantly
contribute to meeting the power demand in the state of Rio de
Janeiro as well as helping to overcome the present electricity
shortfall in Brazil.

2 X GT11N2 gas turbines ordered for extension of Piratininga
Power Plant in Sao Paulo

ALSTOM has been awarded a second contract, this time for
supply of two GT11N2 gas turbines for the Piratininga Power
Plant, which is located in the surroundings of the city of Sao
Paulo. When operational, the new plant will produce an
additional electrical power output of 230 MW.

The contract, worth around 60 million euros, was placed by
Petrobras - Petroleo Brasileiro S.A. which is the largest oil
and petrochemical company in Brazil. This contract is in
addition to the order awarded to ALSTOM last year for the
supply of four GT11N2 gas turbines for Piratininga and brings
the total GT capacity of the plant up to 690 MW.

Having converted the original steam power plant into a
combined-cycle facility, Petrobras will be in the position to
bridge the energy deficit in the State of Sao Paulo, producing
even more electricity at even lower specific generation
cost.

ALSTOM will supply the gas turbines, electrical generators,
main mechanical equipment of the GT power island as well as the
control systems.

As for TermoRio, the Piratininga power plant incorporates
environmentally friendly state-of-the-art dry low NOx
combustion, a world-leading technology which satisfies all
environmental requirements. ALSTOM's GT11N2 gas turbine fleet
has more than 50 units installed or on order for simple or
combined-cycle operation worldwide. The fleet has accumulated a
total of more than 220,000 operating hours and close to 7,000
starts.

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 the
transport market through its activities in rail and marine.

Following the sale of its electrical contracting activity,
finalised on 20 July 2001, ALSTOM has annual sales in excess of
22 billion euros and employs 120,000 people in over 70
countries.

The Company is listed on the Paris, London and New York stock
exchanges.

Press enquiries :

Gilles Tourvieille (Tel. +33 1 47 55 23 15)

internet.press@chq.alstom.com
Lynne Anderson (Tel.+46 122 81 700)

Investor relations :

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

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