Re Contract

ABB Ltd
10 April 2003



ABB wins US$ 350 million service contract in U.K.

25-year deal is country's largest private finance contract for street lighting

Zurich, Switzerland, April 10, 2003 - ABB, the leading power and automation
technology group, said today it has signed a 25-year private finance contract,
worth US$ 350 million, with Staffordshire County Council in the U.K. to ensure
improved lighting in the region's streets.

ABB will take responsibility for the long-term management of street lighting and
illuminated traffic signs. It will also assess the condition of the remaining
lighting equipment and replace it when necessary.

'This contract highlights ABB's growing service business in its Power
Technologies division and demonstrates our ability to carry out asset management
projects which combine strategic consultancy with proven technical services,'
says Peter Smits, head of ABB's Power Technologies division.

ABB will use its advanced condition monitoring and asset management software
with an innovative Web-based customer information system. The software will
maximize the reliability of the assets at the lowest possible cost.

It is the largest private finance contract for street lighting in the U.K. ABB's
power technologies will reduce the amount of electricity used and cut pollution.

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 139,000 people.

                      This information is provided by RNS
            The company news service from the London Stock Exchange