RNS Number:9670Q
Alstom
16 October 2003

                                                                16 October 2003



                            ALSTOM SIGNS TWO 8-YEAR
                      LONG-TERM SERVICE AGREEMENTS IN ASIA


ALSTOM has signed two 8-year long-term service agreements (LTSA) with the
Baosteel Group in China and with the Socialist Republic of Vietnam's National
Utility, Electricity Vietnam (EVN).


The LTSA contract with the Baosteel Group in China covers the supply of
maintenance services for the Bao Shan combined-cycle cogeneration power plant.
The Baosteel Group is one of the major corporations in the Asian steel market
and is the largest producer of high-tech and high-value-added steel products in
China.


The contract comprises the supply of new and reconditioned hot gas path
components and technical field service personnel to carry out the scheduled
major inspections and all field assessments for a period of 8 years.


The 144 MW Bao Shan plant is powered by one ALSTOM-supplied GT11N2-LBTU gas
turbine and one steam turbine. The plant, situated at Baosteel's steel mill
close to Shanghai, burns blast furnace gas from the steel production and
supplies its electrical power back into the mill. The GT11N2 gas turbine has, to
date, accumulated over 170 starts and 39,000 operating hours.


In the Socialist Republic of Vietnam, the LTSA signed with EVN covers the supply
of spare parts, reconditioning of hot gas path components and related outage and
maintenance services for the Phu My 2.1 and Phu My 4 gas-fired combined-cycle
power plants. Both plants are based on ALSTOM GT13E2 gas turbines. The two 450
MW plants are located in the Phu My Power complex in the Vung Tau province close
to Ho Chi Minh City.


Both contracts demonstrate our customers' long-term confidence and reinforce the
long-standing relationships that exists between ALSTOM and these two key
customers in Asia.


Press relations:                         G. Tourvieille/S. Gagneraud
                                         (Tel. +33 1 47 55 23 15)
                                         internet.press@chq.alstom.com

Investor relations:                      E. Chatelain
                                         (Tel. +33 1 47 55 25 33)
                                         investor.relations@chq.alstom.com










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            The company news service from the London Stock Exchange
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