ALSTOM Wins Contract in the US for Locomotive Maintenance
Worth Over USD 420 Million

ALSTOM has just been awarded a contract worth over USD 420
million (over 430 million) by Burlington Northern &
Santa Fe Railway Company (BNSF) for the maintenance of 434
freight locomotives over a 12 year period.

This new contract confirms ALSTOMs strategy in
transport: to rapidly grow its service activities thanks to its
wide range of expertise and to strengthen its positions in
North America.

BNSF operates one of the largest railroad networks in North
America with 56 000 kilometres of track covering 28 states and
two Canadian provinces. This vast network covers the western
two-third of the United States.

To ensure the highest level of fleet availability and
reliability, ALSTOM will apply the innovative technique of
Conditioned Based Maintenance, which is based mainly on the
performance and reliability analysis of each piece of equipment
and each sub-system. This technique will enable BNSF to achieve
substantial savings on its maintenance costs.

Michel Moreau, President of ALSTOMs Transport Sector,
said: We are very proud of this latest success in the
US, which comes just after the awards, in June and July this
year, of the prestigious Washington and New York metro
contracts.

Signing this new order with a partner of BNSFs standing,
establishes ALSTOM in the diesel-electric locomotive freight
market in North America, and reinforces ALSTOM's position as
the most diversified, worldwide leader in rolling stock
services.

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.

ALSTOM's Transport Sector, with annual sales of 4.4
billion, is an internationally leading supplier of rolling
stock, information systems, services and complete turnkey
systems to the rail industry.

Press enquiries:  S. Gagneraud / G. Tourvieille

   (Tel. +33 1 47 55 25 87)
internet.press@chq.alstom.com
Investor relations: E. Rocolle-Teyssier

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