ALSTOM awarded major contract to supply GT13E2 gas turbine
technology to Iran

GT13E2 technology will help to meet the growing
demand for electrical power in Iran

ALSTOM
has been awarded a contract to supply gas turbine equipment and
services to provide 900 MW of electric power to the Bandar
Abase region. The Hormozgan power plant will be located
approximately 50 km north of Bandar Abbas.

The
contract, worth around 200 million euros, was placed by MAPNA
Investment Co., Iran and Napna International Co., a company
recently formed in the UAE to act as financier of and investor
on IPP projects. As part of the governments
privatisation policy, IPP projects have been stipulated in the
2
^nd Five-year Development Plan of Iran. MAPNA is a
pioneer in this field, but already enjoys good business
relationships with local and international companies who are
acting as sub-contractors and suppliers in its
contracts.

ALSTOM
will supply six GT13E2 gas turbines, including the generators,
and will supervise the erection and commissioning work. In
addition, ALSTOM will provide spare parts for a five-year
operation period. The first GT13E2 unit will be delivered in
March 2003 and the last unit in October 2003.

The
Hormozgan plant will be operational in December 2004 and will
strongly compensate the projected shortage of power in the
region. In the future, the power plant can be extended by
conversion into a combined-cycle power plant with an output of
approximately 1400 MW.

This
order brings the total of GT13E2 machines sold to 83 units. The
fleet has accumulated more than 1,300,000 operating
hours.

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 more than 118,000 people in over 70
countries.

ALSTOM
is listed on the Paris, London and New York stock
exchanges.

Press
enquiries:

S. Gagneraud

(Tel. +33 1 47 55 25 87) -

internet.press@chq.alstom.com

Lynne
Anderson

(Tel. +46 122 81 700)

Investor
relations:

E. Rocolle-Teyssier

(Tel. +33 1 47 55 25 78)

investor.relations@chq.alstom.com

Internet
:
http://www.wcm.alstom.com