ALSTOM to provide passenger locomotives to New Jersey
transit in the USA

The Board of Directors of New Jersey Transit Corporation
(NJT) has recently voted to award to ALSTOM a 188 million euro
contract for the design and manufacture of a fleet of 33 new
diesel-electric passenger locomotives, spare parts and an
option for an additional 5 locomotives.

The design of the locomotives, which will be based on
ALSTOM's proven PRIMATM technology, will be carried out by
ALSTOM in collaboration with the Electro-Motive Division (EMD)
of General Motors. The locomotives will be manufactured in
ALSTOM's facility in Hornell, New York.

Michel Moreau, President of ALSTOM's Transport Sector, said
'ALSTOM is very pleased to have this opportunity to continue to
serve the needs of New Jersey Transit and Northeast commuters.
For this order, we are adapting to North American needs the
proven ALSTOM PRIMATM locomotive to meet current and future US
performance, reliability, and regulatory requirements. This
award is a major accomplishment in the strategy of ALSTOM to
provide a full range of products and services to the US
passenger rail business.'

ALSTOM is currently providing new Comet V rail coaches for
the expanding NJT fleet under a separate contract.

NJT is the third-largest provider of bus, rail, and
light-rail transit in the US, linking major points in New
Jersey, New York, and Philadelphia.

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.

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 enquiries:

S. Gagneraud/G. Tourvieille

(Tel. +33 1 47 55 25 87) -
internet.press@chq.alstom.com

Investor relations:

R. Shaw

(Tel. +33 1 47 55 25 78) -
investor.relations@chq.alstom.com

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