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ALCATEL ALSTHOM 1992 CONSOLIDATED NET INCOME: INCREASE OF 14 PERCENT TO FF 7.1 BILLION

 PARIS, April 7 /PRNewswire/ -- At a meeting chaired by Pierre Suard, the board of directors of Alcatel Alsthom (NYSE: ALA), the Paris-based telecommunications, power and transport equipment group, approved the Group's audited financial statements for the year ending Dec. 31, 1992.
 Net income rose 14.1 percent to FF 7,053 million from FF 6,180 million in 1991. Earnings per share, based on a fully diluted number of 141.5 million shares, increased 4.3 percent in 1992 to FF 53.2.
 Income from operations amounted to FF 14,806 million, compared to FF 14,945 million in 1991, after taking into account additional financing charges connected with the purchase of ITT's remaining interest in Alcatel.
 The Group generated a 1992 cash flow from operating activities of FF 15,360 million compared to FF 14,774 million in 1991. Alcatel Alsthom's Parent Company net income amounted to FF 3,401 million against FF 2,723 million in 1991.
 The board expressed its satisfaction in view of the good performance achieved by the Group in a particularly difficult economic environment and decided to propose to the annual general meeting of shareholders a dividend per share of FF 14.50 (FF 13.50 in 1991), corresponding to a total dividend per share of FF 21.75 (FF 20.25 in 1991), including tax credit. The dividend, payable from July 30, 1993, represents a total distribution of FF 1,964 million, a 20 percent increase over the previous year. Shareholders, as in prior years, will have the option to receive the dividend in Alcatel Alsthom share form.
 The annual shareholders' general meeting will be held on June 24, 1993, at 2:30 p.m., at the "Palais des Congres" in Paris.
 At the general shareholders' meeting the Board will propose to renew the terms of office of Messrs. Guy Dejouany, Jean Marmignon, Cesare Romiti, and Pierre Suard which have arrived at the expiration date, and to confirm the appointment of Mr. Jacques Ronze, in replacement of Mr. Jacques Friedman, who has resigned.
 Alcatel Alsthom is one of the world's largest suppliers of equipment and systems for the telecommunications, power and transportation sectors. Alcatel Alsthom shares trade on the Paris Stock Exchange as well as in ADR form on the New York Stock Exchange where prices may be accessed on Reuters Equity 2000 service under the symbol ALA.
 -0- 4/7/93
 /CONTACT: Daniel Geistodt-Kiener or Charlotte Laurent-Ottomane of Alcatel Alsthom, in Paris, 33-1-40-76-10-68/
 (ALA)


CO: Alcatel Alsthom ST: IN: TLS SU: ERN

PS -- NY039 -- 3781 04/07/93 12:45 EDT
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Date:Apr 7, 1993
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