Frost & Sullivan award recognises ALSTOM Power
Service's superlative performance

Grouping all its services activities under the
ALSTOM Power Service umbrella, the company has established itself
as a leader in the power services arena. Globally, ALSTOM Power
Service's revenues reached 2,844 million in the fiscal
year 2004/2005, an increase of 6 per cent over the previous
fiscal year.

"ALSTOM Power Service now finds itself in
the unique position where it is able to leverage its vast power
generation equipment knowledge and expertise in the services
sector,"

Harald Thaler, Research Manager of Frost &
Sullivan's Energy Group


In addition to leading in the key European markets, ALSTOM Power
Service is also well positioned for strong future growth in Asia
due to buoyant equipment sales in important markets such as China
and India. Finally, the group is transforming itself from a pure
service provider into a complete asset management company. Full
operation and maintenance (O&M) contracts already account for
over 10 per cent of the company's total power services revenues.

Steve Jones, Managing Director of ALSTOM Power Service UK, who
accepted the award, said: "For ALSTOM Power Service, the fact
that we are now perceived as exhibiting outstanding management,
consistent growth and as having a positive social and economic
impact is very satisfying. We consider this Award to be
recognition of the efforts we are making in striving to offer
exceptional customer service combined with market-leading
technology, expertise and experience."

"ALSTOM Power Service now finds itself in the unique position
where it is able to leverage its vast power generation equipment
knowledge and expertise in the services sector, which is a
higher-margin business and is also much less cyclical in nature
than the traditional equipment business," says Harald Thaler,
Research Manager of Frost & Sullivan's Energy Group.
"Substantial investments in this high-growth business, successful
reorganisation of all power-related divisions and the resolution
of problems linked with the heavy-duty gas turbines accompanied
by enhanced customer confidence, have underlined the company's
excellent all-round performance, making it the undisputed
recipient of this Award."

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