ALSTOM Selected For Santiago De Chile Metro Line 4

Chile's Metro S.A. has
selected ALSTOM for the supply of rolling stock, Automatic
Train Control equipment and maintenance services for Santiago
de Chile's metro line 4, under a contract worth more than 250
million euros including options. The new 32-kilometre line will
link the Tobalaba Ave. (district of Providencia) and Puente
Alto district, crossing the city from north to south.

Within the scope of this
project, ALSTOM will supply 60 stainless steel METROPOLIS
^TM metro trains, each comprising three cars, as well
as the URBALIS
^TM equipment for Automatic Train Control. The
production of the cars will be shared between ALSTOM plants in
Europe and Brazil, while the Automatic Train Control system
will be supplied from France.

The new line is
scheduled to start commercial operation at the end of 2005, and
is expected to carry more than 50 million passengers per
year.

Michel Moreau, President
of ALSTOM's Transport sector, said "This latest success, which
comes after a rigorous international competitive bidding
process for one of the most demanding metro systems in the
world, reinforces ALSTOM's already well-established position on
the metro market and demonstrates the complementarity of our
Latin American and European plants."

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: G. Tourvieille

(Tel. +33 1 47 55 23 15)
internet.press@chq.alstom.com
Investor relations: E. Rocolle-Teyssier

(Tel.+33 1 47 55 21 70) -
investor.relations@chq.alstom.com
internet:
www.alstom.com