SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________ SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 1)* ALSTOM ------------------------------------------------------------------------------- (Name of Issuer) Ordinary Shares, nominal value (euro)1.25 ------------------------------------------------------------------------------- (Title of Class of Securities) 021244108 ------------------------------------------------------------------------------- (CUSIP Number) December 23, 2003 ------------------------------------------------------------------------------- (Date of Event which requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d - 1(b) [X] Rule 13d - 1(c) [ ] Rule 13d - 1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in prior cover page. The information required in the remainder of this cover page shall be deemed to be "filed' for the purpose of section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes) CUSIP No. 021244108 13G Page 2 of 11 Pages 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Credit Agricole S.A. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) |_| 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION France 5 SOLE VOTING POWER NUMBER OF 0 SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 132,862,133 REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 132,862,133 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 132,862,133 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 22.0% 12 TYPE OF REPORTING PERSON* CO CUSIP No. 021244108 13G Page 3 of 11 Pages 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Credit Agricole Indosuez 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) |_| 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION France 5 SOLE VOTING POWER NUMBER OF 0 SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 83,011,724 REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 83,011,724 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 83,011,724 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.7% 12 TYPE OF REPORTING PERSON* CO CUSIP No. 021244108 13G Page 4 of 11 Pages 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Credit Lyonnais 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) |_| 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION France 5 SOLE VOTING POWER NUMBER OF 0 SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 49,826,909 REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 49,826,909 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 49,826,909 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.2% 12 TYPE OF REPORTING PERSON* CO CUSIP No. 021244108 13G Page 5 of 11 Pages Item 1(a). Name of Issuer: ALSTOM Item 1(b). Address of Issuer's Principal Executive Offices: 25, avenue Kleber, 75116 Paris, France Item 2(a) Name of Person Filing: Credit Agricole S.A. Credit Agricole Indosuez Credit Lyonnais Item 2(b). Address of Principal Business Office or, if None, Residence: Credit Agricole S.A. has its registered office at 91-93 boulevard Pasteur, 75015 Paris, France Credit Agricole Indosuez has its registered office at 9, quai du President Doumer, 92920 Paris La Defense CEDEX, France Credit Lyonnais has its registered office at 18, rue de la Republique, 69002 Lyon, France. Item 2(c) Citizenship: See Item 4 of Cover Pages. Item 2(d) Title of Class of Securities: Ordinary Shares, nominal value (euro)1.25 Item 2(e) CUSIP Number: 021244108 Item 3. If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: Not Applicable Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: See Item 9 of Cover Pages (b) Percent of class: See Item 11 of Cover Pages (c) Number of shares as to which the person has: (i) Sole power to vote or direct the vote: See Item 5 of Cover Pages (ii) Shared power to vote or direct the vote: See Item 6 of Cover Pages (iii) Sole power to dispose or to direct the disposition of: See Item 7 of Cover Pages (iv) Shared power to dispose or to direct the disposition of: See Item 8 of Cover Pages CUSIP No. 021244108 13G Page 6 of 11 Pages Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting persons has ceased to be the beneficial owner of more than five percent of the class of securities, check the following Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not Applicable Item 8. Identification and Classification of Members of the Group. Please see Exhibit I Item 9: Notice of Dissolution of Group. Not Applicable Item 10. Certifications By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. 021244108 13G Page 7 of 11 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. December 23, 2003 /s/ Eric Vandamme ----------------- By: Eric Vandamme Title: Head of Subsidiary and Investments of Credit Agricole S.A. CUSIP No. 021244108 13G Page 8 of 11 Pages Table of Exhibits Exhibit I Identification and Classification of Members of the Group Exhibit II Joint Filing Agreement between Credit Agricole Indosuez, Credit Lyonnais and Credit Agricole S.A. CUSIP No. 021244108 13G Page 9 of 11 Pages Exhibit I Required by Item 8 of Schedule 13G Identification and Classification of Members of the Group Credit Agricole Indosuez is a French societe anonyme with a registered office located at 9, quai du President Doumer, 92920 Paris La Defense CEDEX, France. It is registered with the Nanterre Registry of Companies under number 304 187 701 and is 100% controlled by Credit Agricole S.A. Credit Lyonnais is a French societe anonyme with a registered office located at 18, rue de la Republique, 69002 Lyon, France. It is registered with the Lyon Registry of Companies under number 954 509 741. Credit Lyonnais is 99.86% held by the Credit Agricole Group and controlled by Credit Agricole S.A., which holds 94.82% of Credit Lyonnais' shares. Credit Agricole S.A. is a French societe anonyme with a registered office located at 91-93 boulevard Pasteur, 75015 Paris, France. It is registered with the Paris Registry of Companies under number 784 608 416 and is the lead bank of the Credit Agricole Group. CUSIP No. 021244108 13G Page 10 of 11 Pages Exhibit II Joint Filing Agreement CUSIP No. 021244108 13G Page 11 of 11 Pages JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock, par value (euro)1.25 per share, of ASLTOM, a French societe anonyme, and that this Agreement may be included as an Exhibit to such joint filing. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that it knows or has reason to believe that such information is inaccurate. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of the 23rd day of December, 2003. CREDIT AGRICOLE INDOSUEZ /s/ Philippe Dore ----------------- Name: Philippe Dore Title: Head of Investment Portfolio Division CREDIT LYONNAIS /s/ Agnes de Clermont-Tonnerre ------------------------------ Name: Agnes de Clermont-Tonnerre Title: Head of Group Financial Engineering Department CREDIT AGRICOLE S.A. /s/ Eric Vandamme -------------------------------- Name: Eric Vandamme Title: Head of Subsidiary and Investments of Credit Agricole S.A.