ALSTOM wins commuter train order worth 380 million euros in
Sweden

ALSTOM has won an order worth approx. 380
million euros to supply AB Transitio/Storstockholms
Lokaltrafik (SL), the Swedish regional train operator, with 55
regional trains, along with an option for up to 50 additional
trains. These trains will be used for service in the greater
Stockholm area, and form a major part of the region's
integration service plan.

Within the scope of this contract, ALSTOM will
supply 55 x 6-car CORADIA LIREX
^TM trains, which will be designed according to the
conditions unique to Stockholm commuter traffic. The base
requirements include fast acceleration levels, as the stations
are close to one another; numerous and wide doors (12 doors on
each side, each measuring 130 cm) to ensure fast passenger
flow; full low floor, for increased accessibility; and capacity
to function in strongly variable weather conditions. Each train
will have a capacity of around 390 seated and 540 standing
passengers. The trains will be able to operate at speeds up to
160 km/h, vs 120 km/h for the existing trains, thereby
significantly reducing travel times.

The trains will be manufactured by ALSTOM in
Germany, Belgium and France. The first units are expected to be
commissioned in 2005.

This contract follows the order won at the
beginning of 2001 for the supply of 43 CORADIA DUPLEX
^TM regional trains for the state-owned operator SJ
AB, for a total of 300 million euros. ALSTOM also supplied the
rolling stock for the 40 km rail link between Stockholm and the
Arlanda airport, which was successfully commissioned in
1999.

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 118,000 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: R. Shaw

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

Internet:
www.alstom.com