Patrick BlanchardTXF, Paris, November 12, 2013

The Future of Export Finance:How to diversify sources of liquidity?

An exporter’s perspective

© ALSTOM 2013. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited.

Alstom Thermal Power

Alstom Transport

Alstom Grid

Alstom Renewable Power

Alstom Four Sectors

© ALSTOM 2013. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited.

• Total sales 2012/13 = €20 billion• Total orders 2012/13 = €24 billion

Transport€5.5b

Thermal Power 9€9.2b

Grid€3.8b

Renewable Power €1.8b

AlstomSales and Orders

Group Sales

© ALSTOM 2013. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited.

Orders by regions and sectors in 2012/13

AlstomA global footprint

Europe 40%

North America14%

Latin America10%

Africa andMiddle-East

17%

Asia and Pacific19%

Thermal Power

Renewable Power

Grid

Transport

© ALSTOM 2013. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited.

By regionBy sector

Africa and Middle-East3%

Asia and Pacific20%

Latin America8%

NorthAmerica10%

Europe59%

Renewable Power10.5%

Grid19%

Transport28.5%

Corporate3%

Thermal Power39%

At end of March 2013

Alstom93,000 employees worldwide in 100 countries

© ALSTOM 2013. All rights reserved. Information contained in this document is indicative only. No representation or warranty is given or should be relied on that it is complete or correct or will apply to any particular project. This will depend on the technical and commercial circumstances. It is provided without liability and is subject to change without notice. Reproduction, use or disclosure to third parties, without express written authority, is strictly prohibited.

IFIs & ECA commitments 2009/2012

India Exim Bank China Exim Bank

US Exim Bank0

20406080

100120140

Exim Banks

2012US

D B

illio

ns

CDB BNDES KfW AFD JICA JBIC

2009 100 67 5.6 7.7 6 12.5

2010 90 82 7.1 8.5 7.3 13.2

2011 107 68 7.2 8.5 9.1 11

2012 NaN 69 8.3 9.2 9.5 16.5

1030507090

110

Bilateral IFIs

USD

Billi

ons

WBG (a) EIB (b) ADB AfDB EBRD IADB IsDB CAF G7 ECAs

Ksure Sinosure

2009 58.8 110.06675

19.1 12.7 11.006675

15.3 NaN 9.17 64 NaN 9.17

2010 72.9 95.54256

17.5 6.3 11.94282

12.1 7 10.5 70 NaN 43

2011 57.3 84.89431

21.7 8.5 12.664561

10.4 8.3 10.1 74 9.8 35

2012 52.6 66.85952

21.5 6.3 11.443264

11.4 9.8 9.3 73.9 22.6 45

10

50

90

Multilateral IFIs & ECAU

SD

Billio

ns