Tufton Oceanic Assets Share Discussion Threads

[maywillow] 03/12/2003 09:09

hello kbass

nothings certain,but lets hope for them that the capital infusion is sufficient for a new lease of life.

enjoy your day.

[kbass] 03/12/2003 01:23

Is mere survival certain?

[ariane] 02/12/2003 17:41

1.58 euros

[ariane] 01/12/2003 18:20

1.60 euros

[ariane] 28/11/2003 17:30

1.72 euros

[ariane] 27/11/2003 18:39

1.71 euros

[ariane] 26/11/2003 19:22

2.63 euros

[ariane] 25/11/2003 20:34

2.79 euros

[maywillow] 25/11/2003 15:16

PARIS (AFX) - Alstom said it has won three orders worth 54 mln eur from the
railway company Merval SA for the modernisation of passenger trains.
In a statement, Alstom said it has won a contract from Merval in November
2002 for the supply of 27 trains and their maintenance over a 10-year period.
Under the terms of the current contract, Alstom said it has exercised an
option worth 30 mln eur for an additional 18 years of maintenance for the
trains.
Merval has also placed an order worth 24 mln eur for the power supply of the
railway line, Alstom said.
[e-mail]
lwl/kl

[maywillow] 23/11/2003 22:33

LONDON (AFX) - UK Prime Minister Tony Blair is to ask Jean-Pierre Raffarin,
his French counterpart, to abandon proposals for a French nuclear-powered
aircraft carrier and order a conventionally-fuelled alternative made with
British co-operation, according to The Business.
The newspaper did not name its source, but said such a deal would benefit
BAE Systems PLC and France's Thales, which has 12,000 workers in Britain.
At the Anglo-French summit on Monday, Blair will suggest the proposed sister
ship to the Charles de Gaulle is built along the same lines as the two aircraft
carriers the UK ordered last July through a joint contract between BAE and
Thales.
If the French aircraft carrier follows the design of the Royal Navy vessels
then the UK would offer support services and co-ordinated construction on the
condition that UK workers receive some of the French contract, the newspaper
said.
ml/jkm/

[maywillow] 23/11/2003 22:33

LONDON (AFX) - UK Prime Minister Tony Blair is to ask Jean-Pierre Raffarin,
his French counterpart, to abandon proposals for a French nuclear-powered
aircraft carrier and order a conventionally-fuelled alternative made with
British co-operation, according to The Business.
The newspaper did not name its source, but said such a deal would benefit
BAE Systems PLC and France's Thales, which has 12,000 workers in Britain.
At the Anglo-French summit on Monday, Blair will suggest the proposed sister
ship to the Charles de Gaulle is built along the same lines as the two aircraft
carriers the UK ordered last July through a joint contract between BAE and
Thales.
If the French aircraft carrier follows the design of the Royal Navy vessels
then the UK would offer support services and co-ordinated construction on the
condition that UK workers receive some of the French contract, the newspaper
said.
ml/jkm/

[grupo guitarlumber] 22/11/2003 09:52

LONDON, November 21 (New Ratings) – Analysts at JP Morgan reiterate their "underweight" rating on Alstom (ALSO.PA).

[maywillow] 20/11/2003 12:43

PARIS (AFX) - Alstom chairman and chief executive officer Patrick Kron said
he seeks unconditional European Union approval for the company's 3.2 bln eur
rescue plan.
Kron was speaking to journalists at the Matignon, the prime minister's
office.
Alstom shareholders on Tuesday overwhelmingly approved the company's
refinancing plan.
[e-mail]
vl/lwl/jfr

[maywillow] 18/11/2003 17:23

RNS Number:2185S
Alstom
18 November 2003

18 November 2003


ALSTOM'S Euro3.2 BILLION REFINANCING PACKAGE APPROVED AT GENERAL SHAREHOLDERS'
MEETING


Shareholders at ALSTOM's Ordinary and Extraordinary Meeting held today in Paris
voted in favour of resolutions which will allow the Group to implement totally
the refinancing agreement announced on 22 September 2003.

The approval of the resolutions will allow ALSTOM to proceed with the planned
Euro300 million capital increase and Euro900 million issue of Bonds Mandatorily
Reimbursable with Shares (ORA) designed to strengthen the Group's equity and to
rapidly conclude all other aspects of the Euro3.2 billion refinancing package
announced on 22 September 2003.

Summary voting results:

- the third and fourth resolutions relative to the capital increase at
an issue price of Euro1.25 per share, were approved by 98.2% and 98% respectively.

- the fifth resolution relative to the issue of Bonds Mandatorily
Reimbursable with Shares (ORA) at an issue price of Euro1.40 was approved by 99.5%,

- the second and sixth resolutions relative to the issue to the French
State of Euro200 million of subordinated bonds and Euro300 million* subordinated
bonds were also approved by 94.6% and 99% respectively.

The shareholders also approved the first resolution relative to the four year
appointment of a new director, James William Leng, Chairman of Corus, in
replacement of Sir William Purves who resigned after the Annual General Meeting
on 2 July 2003.


Patrick Kron, Chairman & CEO, commented: "I thank our shareholders for the
confidence they have shown today by voting in favour of the refinancing
agreement. The measures it comprises, in addition to the restructuring and
operational performance programmes already well underway, give the Group a sound
base from which to strengthen customer confidence and deliver a marked
turn-around in financial performance.

"On behalf of the Board of Directors, I would also like to welcome James Leng
to the Board; he brings valuable experience and expertise and we all look
forward to working with him."


* reimbursable into shares upon the express approval of the European Commission



Press relations: S. Gagneraud / G. Tourvieille
(Tel. [phone])
[e-mail]

Investor relations: E. Chatelain
(Tel. [phone])
[e-mail]

M Communications: L. Tingstrom
Tel. + 44 789 906 6995



Disclaimer :

This announcement is not an offer of ALSTOM securities for sale or subscription
in the United States or any other jurisdiction. Securities may not be sold or
subscribed in the United States absent registration or an exemption from
registration. Any public offering of securities to be made in the United States
or elsewhere will be made only by means of a prospectus that may be obtained
from ALSTOM and that will contain detailed information about ALSTOM and its
management, as well as financial statements. ALSTOM does not intend to register
all or part of the offering in the United States or make any public offering in
the United States.


This information is provided by RNS
The company news service from the London Stock Exchange
END

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