Alcatel (ALA) and France Message Board

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Technology Stocks : Alcatel (ALA) and France

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To: Steve Fancy who wrote ()	9/25/1998 12:50:00 PM
From: Steve Fancy	Read Replies (1) of 3891

Alstom Signs $200M Pact With Shanghai's Subway Co. September 25, 1998 Dow Jones Newswires PARIS -- Anglo-French engineering company Alstom (ALS) said Friday it has signed a letter of intent with the Shanghai Mass Transit Pearl Line Development Co. to supply $200 million worth of rolling stock for the Shanghai subway. Alstom said the deal involves the delivery of 24 six-car sets of rolling stock to be used on a new line of the city's subway, scheduled to start operation in 2000. French Prime Minister Lionel Jospin and Shanghai's Mayor Zhu Mu Yao, attended the signing ceremony, Alstom said.

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