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Investor Presentaiton

Liquidity and gross debt In € billion In € million 453 2.4 Liquidity position 2.7 Mar-16 Sept-16 *Undrawn credit line ■Gross cash Gross debt 371 272 283 596 Interest rate Feb 2017 4.125% Oct 2017 2.25% Oct 2018 3.625% July 2019 3% March 2020 4.5% Liquidity ■ €2.3bn cash and cash equivalents as of 30 September 2016 ■ €400m revolving credit facility; fully undrawn ■Flexibility with Energy JVs put options Gross debt €2bn outstanding bonds as of 30 September 2016 ■Next maturity in February 2017 (c.€0.5bn) ALSTOM - February 2016 - P 20 ALSTOM 2016. 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
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