ALSTOM Wins Major Contract To Supply New Unit For
Coal-Fired Power Plant In The US

ALSTOM has been awarded a contract
valued at more than 162 million euros by Santee Cooper, South
Carolinas state-owned electric and water
utility.

The award covers the design, supply,
construction, start-up and commissioning of a 640 MW
coal-fired boiler and associated auxiliary equipment. 
The new unit will be located at Santee Coopers Cross
Generating Station in Berkeley County, near Cross, South
Carolina.

Santee Cooper is scheduled to break
ground on the project in December 2002,  with commercial
operation projected by January 2007.  The new boiler
will be the third generating unit at Santee Coopers
Cross Generating Station. It will burn coal supplied from
Kentucky, as well as up to 30 per cent of petroleum coke, a
residue from petroleum refining.  ALSTOM has previously
supplied Cross Unit 2 at this station, a 540 MW coal-fired
unit put into service in 1983.

Through the use of 
ALSTOM-proprietary  technology, the new boiler will
provide the Cross Station with greater operating flexibility
and efficiency, with extremely low Nitrogen Oxide (NOx )
emissions.

Santee Cooper is the primary source of
power distributed by the states 20 electric
cooperatives to approximately 600,000 customers located in
all of the states 46 counties.  Santee Cooper
also supplies power to 32 large industrial facilities, the
cities of Bamberg and Georgetown, and the Charleston Air
Force Base.

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 and power transmission and distribution, and the
transport market through its activities in rail and marine.

In fiscal year 2001/02, ALSTOM had annual sales in excess of
23 billion and employed 112,000 people in over 70
countries.

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

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