Re Shanghai Metro

RNS Number:6228Q
Alstom
07 October 2003





                                                                  7 October 2003



                        ALSTOM to build 168 METROPOLIS cars
                      for Shanghai metro in Euro184 million order



The Shanghai Mass Transit Yangpu Line Development Co. has ordered 28 six-car
ALSTOM METROPOLIS trainsets worth about Euro184 million for the city's future
Yangpu metro line.



The Yangpu line will run from the Yangpu district in the north of the city to
Pudong in the southeast. The 23.4-kilometer line will have 24 stations and offer
access to the future Universal Studios theme park and the World Expo 2010 park
in Pudong.



The 168 METROPOLIS cars in this order are based on the vehicles that ALSTOM is
building for the city's Xinmin line. Delivery is scheduled to begin in October
2005 and to be complete by the end of 2007.



ALSTOM's plant in Barcelona will manufacture the first train and car-body
shells, and the Le Creusot site in France will manufacture bogie frames.



Chinese content will account for 70 percent of the manufacturing. Shanghai
ALSTOM Transport Co. (SATCO), a joint venture between ALSTOM and Shanghai
Electric Corp., will complete assembly of the cars and carry out the painting,
fitting out and testing of the vehicles.



The project includes a technology-transfer program for the build of bogie
frames, the assembly of bogies and of aluminum modules, and for the electrical
equipment for traction motors.



Faced with fast-growing demand for mass public transportation, the city is
planning to build nine new metro lines. Shanghai has ordered nearly 500 ALSTOM
metro cars for the Xinmin, Pearl and Yangpu metro lines. Eleven trains are
already in service on the Pearl line, and trains should enter service on the
Xinmin line by the end of the year.



"Our success in Shanghai shows the contribution that ALSTOM can make in the
Asia-Pacific region," said Philippe Mellier, president of ALSTOM Transport, "
where rail transport is a key driver in economic development. We expect Asia to
be an important growth market for us."



With more than 35 product lines and a presence in more than 60 countries,
ALSTOM's Transport sector offers a complete range of products and services for
new rolling stock, signaling, and electrical and mechanical infrastructure as
well as maintenance and rehabilitation services to four distinct types of
customers: urban transit authorities and operators; intercity passenger rail
operators and rolling stock owners; rail freight operators; and intercity
railway infrastructure owners. ALSTOM's Transport sector, with sales of Euro5.1
billion in financial year 2002-2003, is among the world's leading suppliers to
the railway industry.





Notes on the METROPOLIS line

METROPOLIS is the world's most successful modular metro train. Since the range
was developed in 1997, ALSTOM has sold more than 1,500 cars worldwide, both in
simple rolling-stock orders and as part of full turnkey solutions. The modular
conception of METROPOLIS gives customers choice of car size, aluminum or
stainless-steel car bodies, mechanically fastened or welded constructions, and
manned or unmanned operation.



Contacts:



International, general, economic press

Severine Gagneraud/Gilles Tourvieille

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Trade press

Helen Connolly

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Investor relations

Emmanuelle Chatelain

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