ALSTOM wins Gaz de France order for a 450 Million euro
turnkey combined cycle power plant in France

 ALSTOM has been awarded a
contract with a total value of approximately 450 million
euros. This contract is for the turnkey supply of a 800 MW
gas-fired power plant to be built at Dunkirk, on the
northernmost tip of France. The plant will be owned by Gaz de
France Group.

This contract includes an
agreement for a 20-year maintenance service package for the
gas turbines which is currently being finalised. The package
covers operation and maintenance support, as well as
scheduled and unscheduled maintenance, including supply and
refurbishment of spare parts and supervisory
personnel.

ALSTOM will deliver two 400 MW
power trains, each composed of one GT13E2 gas turbine fired
by natural gas, one gas-fired boiler running on blast furnace
and coke-oven gases from the nearby Sollac Atlantique steel
works (ARCELOR Group), one 235 MW steam-generator set, the
cooling water system, the complete advanced electrical and
control system and all electro-mechanical auxiliaries. The
plant will be able to operate flexibly in various modes, with
or without the gas turbines in operation, with a view to both
optimally converting into electrical power the gases
available from the steelworks and offering electrical power
to the market.


ARCELOR is the leading global steel maker specialising in the
production, processing and distribution of high value-added
steels.

The commercial operation of this
combined cycle power plant is scheduled for February 2005.
The construction schedule will be in line with the planning
for obtaining the required approval for the
operations.

This order brings the total of
GT13E2 machines sold to 75 units. The fleet has accumulated
more than 1,300,000 operating hours.

"Naturally we are delighted to
be awarded this contract," says Alexis Fries, President of
ALSTOM's Power Sector. "Not only is this the first reference
in France for our GT13E2 gas turbine technology, it is the
largest combined cycle project and the first of its kind in
France. The plant will produce electricity flexibly from
natural gas and steelworks gases, with high thermal
efficiency and low carbon and nitrogen oxide emissions. We
look forward to working closely with Gaz de France and all
concerned to secure successful project completion and we are
committed to meet our customer's expectations for top-class
service support for long lasting safe and profitable
operation of the gas turbines."

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 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.

Press enquiries:

G. Tourvieille / S.Gagneraud


(Tel. +33 1 47 55 23 15)


internet.press@chq.alstom.com


Lynne Anderson


(Tel. +46 122 81 700)

Investor relations:

R. Shaw


(Tel. +33 1 47 55 25 78)


investor.relations@chq.alstom.com

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