Nanjing Metro Selects ALSTOM for Rolling Stock Contract
Worth 160 Million

The Nanjing Metro Company Ltd. of the People's Republic of
China has selected ALSTOM, in partnership with Nanjing Puzhen
Rolling Stock Works, for the supply of 20 metro trains for its
Phase 1, North-South Line project. The contract is valued at
approximately 160 million euros.

Located 300 kilometres west of Shanghai, Nanjing is the
capital of the Jiangsu province. With a population of over 5
million, it is the second largest business centre in East
China, after Shanghai.

As technical leader, ALSTOM is responsible for the design,
engineering, production of the pre-series train and traction
equipment as well as for project management and procurement.
For the order, the consortium will supply 20 six-car metro
trains based on technology from ALSTOM's METROPOLIS'! product
range.

The first trainset will be produced in ALSTOM's unit in
Valenciennes, France, and all subsequent trainsets will be
produced at the Nanjing Puzhen Rolling Stock Works in China.
ALSTOM's best selling ONIX'! traction will be produced in China
in ALSTOM's joint venture - SATEE Company  located in
Shanghai.

In announcing its selection of ALSTOM, Nanjing Metro Company
officials cited their confidence in ALSTOM's service-proven,
advanced technology, the competitive price of the product and
the company's local presence in Nanjing, via its partnership
with Nanjing Puzhen Rolling Stock Works, as the primary reasons
for their choice.

The contract was signed in Nanjing on 16th April in presence
of Nanjing Mayor Luo Zhi Jun and Michel Moreau, President of
ALSTOM's Transport Sector. M. Moreau said: 'We are delighted
with this order, our third metro contract for a Chinese city,
and are also very pleased to be collaborating with Nanjing
Puzhen Rolling Works. I hope this will be the foundation for
fulfilling further opportunities in Nanjing and throughout
China.'

The signed contract will come in force on 31 May 2002. First
delivery is scheduled for May 2004 and final delivery in June
2006. The metro service is planned to begin in June 2006.

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. 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: 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