ALSTOM to supply one of the cleanest burning coal-fired
boilers in the USA

ALSTOM has been awarded a
contract worth more than 142 million euros by East Kentucky
Power Cooperative, Inc. (EKPC) to design, supply and build
a 268 MW, coal-fired circulating fluid bed (CFB) boiler at
the utility's H.L. Spurlock Power Station near Maysville,
Kentucky, USA *.

EKPC will break ground on the
project this month, with commercial operation scheduled for
late 2004. The new boiler - to be named the E.A. Gilbert Unit-
will be the third generating unit at the plant. It will be
situated adjacent to the existing Spurlock Unit 2, a 500 MW
pulverized coal-fired unit built in 1981, and will burn coal
supplied predominately by a variety of Kentucky mines.

Under the terms of the contract,
ALSTOM's scope includes design and supply of the CFB boiler and
associated auxiliary equipment, design and supply of the gas
cleaning equipment, and erection.

The new CFB boiler will provide
the Spurlock plant with greater operating flexibility and
efficiency, whilst minimising sulphur dioxide and nitrogen
oxide emissions through the use of in-furnace combustion
control techniques.

To control emissions further, the
plant design will also include ALSTOM's Flash Dryer Absorber
(FDA) system, an emissions control technology that will make
this CFB one of the cleanest burning coal-fired boilers in the
United States. The FDA system, which integrates several key
flue gas desulphurisation functions into one unit, will allow
the Gilbert Unit to achieve nearly 98% sulphur dioxide
removal.

Since 1986, ALSTOM has supplied
worldwide a total of 84 environmentally-friendly CFBs,
representing roughly 8000 MW (gross electric output) of power.
These units provide clean combustion of a wide variety of
fuels, including biomass, bituminous and sub-bituminous coal,
anthracite, brown coal, lignite, petroleum coke, and coal
washery wastes.

*
This order was included in ALSTOM's nine-month orders and
sales ended 31 December 2001, but non announced at that time at
Customer's request.

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, power transmission and
distribution and power conversion and the transport market
through its activities in rail and marine.


Following the sale of its electrical contracting activity,
finalised on 20 July 2001, ALSTOM has annual sales in
excess of 22 billion euros and employs 120,000 people in
over 70 countries.


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

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