Change of Executive

ABB Ltd
24 June 2004





Peter Voser to become CFO of Royal Dutch/Shell

Zurich, Switzerland, June 24, 2004 - The Board of Directors of ABB today
announced that Peter Voser, chief financial officer (CFO) and a member of the
Group executive committee, will leave ABB at the end of September.


Voser, 46, is resigning to become Chief Financial Officer of the Royal Dutch/
Shell Group of companies and a Shell Group Managing Director, effective October
4.


'Peter has made vital contributions as a key member of the team that in the past
two years has secured the turnaround of ABB,' said ABB chairman and CEO Jurgen
Dormann.


'The board and his ABB colleagues will miss Peter's drive and professionalism,'
Dormann said. 'We regret his departure, but wish him well in his new, bigger
role.'


Dormann said the ABB Board of Directors has initiated an external search and is
planning to announce the appointment of a new CFO in the coming months.


Voser, a Swiss citizen, joined ABB in early 2002 after a 20-year career with
Shell in a number of finance and business roles in Switzerland, the UK,
Argentina and Chile.


ABB (www.abb.com) is a leader in power and automation technologies that enable
utility and industry customers to improve performance while lowering
environmental impact. The ABB Group of companies operates in around 100
countries and employs about 113,000 people.




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