ALSTOM chosen to supply new commuter trains for Valparaiso
in Chile

MERVAL (Metro Regional
de Valparaiso) has awarded ALSTOM a contract worth more than 85
million euro in net present value for the supply and
maintenance of commuter trains. These trains will operate on
the existing 43-kilometre line which links Valparaiso,
Viña del Mar and Limache. The investment comes within the
frame of the 'Cuarta Etapa' project, which aims to improve the
area s infrastructure and level of public transport by
rehabilitating the existing MERVAL line and acquiring new
rolling stock.

For this contract,
MERVAL has opted for X'TRAPOLIS
^TM trains, similar to those presently delivered to
the Hill side network in Melbourne (Australia). The basic
configuration consists of 28 two-car trains with a capacity of
392 passengers* able to operate at speeds up to 120 km/h.
ALSTOM will also be responsible for the maintenance of the
trains and workshops.

The trains will be
manufactured in ALSTOM's factories in Europe, and notably the
La Rochelle plant in France. Deliveries are expected to start
in March 2005, and commercial operation is scheduled to start
in autumn of the same year.

Michel Moreau, President
of ALSTOM's Transport Sector, said: 'Our long experience in the
supply of rolling stock and maintenance services to transit
equipment, not only in Chile but also world-wide, provides us
with a sound basis for a successful long-term partnership with
MERVAL. We are pleased to participate in Chile's program of
modernisation of its mass transit network.'

*4 passengers/m2

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.

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