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Toshiba-Westinghouse Consortium Receives Award from EDF for Renewal of Generator Coils for Nuclear Power Stations in France

    TOKYO and PARIS, Oct. 23 /PRNewswire/ -- Toshiba Corporation announced
today that a Toshiba-Westinghouse consortium has been awarded a ten-year
contract worth over 100 million euros by Electricite de France (EDF),
France's electric power company, for the renewal of stator coils in the
generators of more than ten nuclear power plants now operating in France.
The contract was given to the Toshiba-Westinghouse Consortium as part of
the French utility's continuous program to retrofit the key components of
its 58 commissioned nuclear power plants in France.

    "We are delighted to be awarded this valuable contract to support EDF
in its important long-term project to maintain and assure the stable
operation its nationwide network of nuclear power plants," said Yasuharu
Igarashi, Corporate Vice President, and President and CEO of Toshiba's
Power Systems Company. "This decision reflects the comprehensive
capabilities that the Toshiba-Westinghouse team brings to the provision of
systems, components and services for nuclear power plant systems, and our
strong commitment to quality and highly efficient systems."

    "This contract clearly demonstrates the synergy and high level of
cooperation realized by Westinghouse and Toshiba," says Yves Brachet,
Westinghouse France Regional Vice-President. "We are confident that
Toshiba's leading-edge prowess in the manufacture of key components,
combined with Westinghouse's increasing presence in the provision of
engineering support and services in France, will allow us to make a
positive contribution."

    Following initial pre-installation arrangements, manufacture of stator
windings will begin in spring 2009 at Toshiba's Keihin Product Operations
in Yokohama, the Japanese production hub of Toshiba's power generation
equipment business. It is expected that three or four rewinding operations
a year will be conducted for 900MW and 1300MW generators, starting in 2010.
Toshiba's Japanese technical experts, who have gained extensive experience
and expertise in supporting stable operations at numerous sites in Japan,
will provide EDF with technical support for smooth operation of the updated
systems.

    Toshiba and Westinghouse will apply experience gained through the
French contract to future projects in the domestic and overseas markets.
They will also take full advantage of their extensive capabilities as a
total solutions provider to seek business opportunities for both new
construction and O&M business of nuclear power plants on a worldwide basis.

    About Toshiba

    Toshiba is a world leader in high technology, a diversified
manufacturer and marketer of advanced electronic and electrical products
spanning information & communications equipment and systems; digital
consumer products; electronic devices and components; power systems,
including nuclear energy; industrial and social infrastructure systems; and
home appliances.

    Toshiba was founded in 1875, and today operates a global network of
more than 740 companies, with 198,000 employees worldwide and annual sales
surpassing US$76 billion. Visit Toshiba's web site at
http://www.toshiba.co.jp/index.htm.

    About Westinghouse

    Westinghouse, a group company of Toshiba Corporation, is a recognized
pioneer in nuclear power and a leading supplier of nuclear plant products
and technologies to utilities throughout the world. Westinghouse technology
today provides the technological basis for approximately half of the
nuclear plants in operation around the world.



SOURCE Westinghouse Electric Company




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    CONTACT:
    Keisuke Ohmori, Corporate Communications of
    Toshiba Corporation +81-3-3457-2105,
    keisuke.oomori@toshiba.co.jp; or Vaughn Gilbert, Public Relations
    of Westinghouse Electric Company, +1-412-374-3896,
    gilberhv@westinghouse.com