ALSTOM Wins Contract For The Extension Of Caracas Metro
Line 3

The Caracas metro Authority, CAMC, has awarded ALSTOM,
within the Frameca consortium, a new contract worth 110 million
euros (approximately 108 million USD) for the supply of the
rolling stock and a large part of the turnkey system which will
operate on the extension of Caracas metro line 3
(Venezuela).

In addition to the supply of seven 6-car metro trains,
ALSTOM will be co-leader of the consortium and be responsible
for electrification of the line, and part of the signaling
equipment.

Other members of the consortium include SGTE (consortium
leader), Siemens, Thales (train control), Spie (tracks),
Bombardier, Cogifer and CSEE Transport.

Michel Moreau, President of ALSTOM's Transport Sector, said:
'ALSTOM has been involved in the development of the Caracas
metro since the opening of line 1 in 1983. The company has to
date sold more than 500 metro cars to this metro system, and
refurbished 258. This latest success is a further demonstration
of CAMC's confidence in our products, which incorporate the
latest technical developments in order to continually improve
service on the network'.

More than 40 cities world-wide are equipped with metros
supplied by ALSTOM. This latest order will strengthen the
companys position in the railway equipment market in the
Americas. Earlier this year ALSTOM announced that it had been
chosen for the supply of rolling stock for the New York and
Washington metros and Santiago metro Line 4. The company has
already equipped the metro systems of Mexico City, Caracas,
Medellin, Sao Paulo, Fortaleza, Rio de Janeiro and Buenos
Aires.

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.

Press enquiries:  S. Gagneraud / G. Tourvieille


   (Tel. +33 1 47 55 25 87)
internet.press@chq.alstom.com

Investor relations: E. Rocolle-Teyssier


 (Tel.+33 1 47 55 21 70) -
investor.relations@chq.alstom.com

 internet:
www.alstom.com