New Shareholding Structure for Alstom South Africa

LEVALLOIS PERRET, France--(Business Wire)--
Regulatory News:

Alstom (Paris:ALO) will participate in reshaping the shareholding
of Alstom South Africa (Pty) Ltd Group (ASA), its former subsidiary
which it sold in 2002 to a group of investors.

As part of this agreement, Alstom will sell the remaining 8.1%
stake it held in ASA to a consortium (*) led by Actis, a private
equity fund. At the same time, Alstom will increase its service
offering in the region by acquiring (subject to due diligence) Alstom
Power Service Pty Ltd (APS), presently a wholly owned subsidiary of
ASA. Located in Johannesburg, APS employs 60 people and is a leader in
the service, repair, and upgrade of turbines and generators in South
Africa. In addition, Alstom will cooperate with another ASA
subsidiary, Alstom John Thompson (AJT), in serving the maintenance,
upgrade, and retrofit market for larger boilers and environmental
equipment.

Alstom has had a presence in South Africa for more than a century
and today, close to 80% of the country's electricity is produced by
Alstom equipment. In 2007 and early in 2008, Alstom signed with Eskom
the Medupi and Bravo power plant contracts. Alstom has committed major
resources to the development of local skills, particularly in
engineering, to support the South African government's black
empowerment objectives.

(*) The consortium consists of Actis, Old Mutual Private Equity,
existing Black Empowerment investors and management.

Press contact
Philippe Kasse, Stéphane Farhi (Corporate)
Tel +33 1 41 49 29 82 /33 08
philippe.kasse@chq.alstom.com,
stephane.farhi@chq.alstom.com
or
Investor relations
Emmanuelle Châtelain
Tel + 33 1 41 49 37 38
investor.relations@chq.alstom.com
Website
www.alstom.com

Copyright Business Wire 2008