Re Contract

ABB Ltd 21 December 2001 ABB wins US$32 million contract from ThyssenKrupp Power and automation equipment for new coking plant in Germany Zurich, Switzerland, December 21 - ABB, the power and automation technology group, said today it has won a US$32 million contract from ThyssenKrupp Steel AG to act as general electrical contractor for a new coking facility at a plant at Duisburg Schwelgern in Germany's Ruhr area. ThyssenKrupp issued the contract in its function as management contractor for Carbonaria GmbH&Co KG. The new plant, with the largest coke oven in the world and an annual production of 2.5 million metric tons, will produce coke for ThyssenKrupp's steel manufacturing. ABB will supply the plant with the equipment for electrical power and industry automation. This includes medium and low voltage substations, transformers, process automation, measurement and control technology, as well as analysis technology. ABB said its industrial information technology, or Industrial IT, will measure and control manufacturing, safely and environmental processes at the plant, which will provide coke for blast furnaces. The plant, scheduled for completion in 2003, is among the largest ABB Industrial IT projects to date. 'ABB Industrial IT will bring all electrical and automation activities under common control to provide efficient power, maximize productivity, ensure the safety of plant workers and minimize environmental impact,' said Dinesh Paliwal executive vice president and head of ABB's process industries division. ABB (www.abb.com) is a global leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. ABB has 160,000 employees in more than 100 countries. For more information please contact Media Relations Investor Relations ABB Corporate Communications, Zurich ABB Asea Brown Boveri Ltd Thomas Schmidt Switzerland: Tel.+41 43 317 7266 Tel +41 43 317 6492 Sweden Tel +46 21 325 719 Fax +41 1 317 7958 USA: Tel +1 203 750 7743 Thomas.schmidt@ch.abb.com

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