Coal, Gas

ALSTOM wins third order to provide total power solution for new FPSO vessel

Milan, Italy, June 13, 2002 — ALSTOM has won a repeat order worth about 17 million euro, from Single Buoy Moorings Inc. for a total power solution for a new FPSO (.(Floating Production, Storage and Offloading) vessel, it was announced at POWER-GEN Europe in Milan, Italy.

The two previous orders for the same scope of supply were awarded in rapid succession in June and July 2001. Under this contract, ALSTOM will again supply six gas turbines from its facility in Lincoln, UK.

The supply covers two Cyclone gas turbine compressor drivers, two Tornado gas turbine generating sets and two Typhoon gas turbine pump drivers. The gas turbines will be low emission, dual-fuel, three-point-mounted units, specifically developed by the company for offshore marine duty.

The units will be despatched from Lincoln mid-2002 and delivered to a shipyard in Singapore where the vessel is being fitted out before becoming operational off West Africa in the first quarter 2003.

ALSTOM is a 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 approximately 118,000 people in over 70 countries.

ALSTOM is listed on the Paris, London and New York stock exchanges.

For more information on ALSTOM, visit http://www.power.alstom.com. For more information on POWER-GEN Europe, visit http://pei.pennnet.com. To read the latest issues of the show daily, POWER-GEN TODAY, visit http://pge2002.events.pennnet.com/home.cfm.