Dividend Access Facility

ABB Ltd 13 March 2000 High participation in ABB's Dividend Access Facility for 2000 Zurich, Switzerland, March 13, 2000 - More than 52,200 shareholders in ABB Ltd have applied for ABB Ltd's Dividend Access Facility (DAF), corresponding to 81 percent of the VPC registered shareholders, representing 69 percent of the VPC registered shares. The DAF provides to shareholders tax resident in Sweden holding VPC registered ABB Ltd shares the possibility to receive equivalent dividends from ABB Participation AB being subject to taxation in Sweden without deduction of Swiss withholding tax. Shareholders participating in the DAF will temporarily be registered as shareholders without rights to ABB Ltd dividends. They will for each ABB Ltd share receive one ABB Ltd share excluding dividend rights (ABB Ltd U) and one dividend right separated from the share (SR1). After payment of dividends ordinary ABB Ltd shares will be re-registered on the shareholders' VP-accounts. For shareholders participating in the DAF, the dividend payment date is planned to be March 30, 2000. The ABB Ltd U share will be traded, in parallel with the ABB Ltd share, on the OM Stockholm Exchange's A-list during the period March 13, 2000 through March 23, 2000. The ABB Ltd U-share's trading symbol will be ABB U and the ISIN code is SE 0000625568. Trading in dividend rights, SR1, will not be possible.

Companies

ABB Ltd (0NX2)
UK 100

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