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    Press

[03/12/2010]

Alstom and Schneider Electric announce that they now assume operational control of AREVA T&D India

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Alstom and Schneider Electric announce the closing of the mandatory tender offer on Areva T&D India Ltd.  2.9 million shares were acquired by Alstom and Schneider Electric in this offer, representing 1.2% of the share capital of the company, or a cash payment €14.2m for the consortium.  Post the tender offer, Schneider Electric and Alstom hold 73.4% of the share capital of Areva T&D India Ltd.

Alstom and Schneider Electric now assume operational control of the company, Alstom for the Transmission business and Schneider Electric for the Distribution business.

PRESS CONTACT ALSTOM

PHILIPPE KASSE (CORPORATE)
philippe.kasse@chq.alstom.com

PRESS CONTACT ALSTOM

STÉPHANE FARHI (CORPORATE)
stephane.farhi@chq.alstom.com

INVESTOR RELATIONS ALSTOM

EMMANUELLE CHATELAIN
Tel : + 33 (0)1 41 49 37 38
emmanuelle.chatelain@chq.alstom.com

INVESTOR RELATIONS ALSTOM

JULIETTE LANGLAIS
Tel : + 33 (0)1 41 49 21 36
juliette.langlais@chq.alstom.com

INVESTOR RELATIONS SCHNEIDER ELECTRIC

CARINA HO
TÉL. : +33 (0) 1 41 29 83 29
ISIN : FR0000121972

carina.ho@fr.schneider-electric.com

PRESS CONTACT SCHNEIDER ELECTRIC

VERONIQUE ROQUET MONTEGON
TEL.: +33 (0)1 41 29 70 76
veronique.roquet-montegon@schneider-electric.com

CONTACT PRESSE DGM

MICHEL CALZARONI / OLIVIER LABESSE
TEL. : +33 (0)1 40 70 11 89
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