LEVALLOIS-PERRET (dpa-AFX) - French rolling stock maker Alstom SA (AOMFF.PK,
ALS.L) announced Thursday the completion of a share capital increase with
shareholders' preferential subscription rights in an amount of 1 billion euros,
including issue premium.

This was the final step of the previously announced 2 billion euros deleveraging
plan.

The company said the final gross proceeds of the share capital increase with
shareholders' preferential subscription rights amount to 999.16 million,
including issue premium. This corresponds to the issuance of 76.86 million
shares with a par value of 7 euros at a unit subscription price of 13 euros.

Following the subscription period that ended on June 10, total demand amounted
to more than 1.7 billion euros, representing a a high subscription rate of
approximately 173.4%.

Henri Poupart-Lafarge, Chairman of the Board and Chief Executive Officer of
Alstom, noted that the success of the capital increased launched after the
completion of the hybrid bond issuance paves the way to the stabilization of the
credit outlook of Alstom.

Alstom has agreed to a lock-up period ending 180 calendar days after the
settlement and delivery date of the share capital increase, subject to certain
customary exceptions.

PJT Partners and Perella Weinberg Partners acted as financial advisors to
Alstom.

In Paris, Alstom shares were trading at 16.55 euros, down 1.37%.



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