Re Contract

ABB Ltd 02 December 2003 ABB wins US$ 27 million order to boost energy supply in Sri Lanka High-tech systems will extend power distribution infrastructure Zurich, Switzerland, December 02, 2003 - ABB, the leading power and automation technology group, said today it has won a turnkey contract worth US$ 27 million to strengthen energy supplies in the Sri Lankan capital, Colombo, and its industrial outskirts. It is the largest power transmission order won by ABB in Sri Lanka. 'The order highlights the importance for ABB of the South Asian market, where there is increasing demand for our high-end technology to strengthen the power distribution infrastructure,' said Peter Smits, head of ABB's Power Technologies division. 'We have recently opened more liaison offices, including one in Sri Lanka, to help meet business demand.' Under the contract with the Ceylon Electricity Board, ABB will install four substations based on gas insulated technology (GIS) over the next two years. The customer chose compact GIS technology because space in Colombo is at a premium, ABB said. The project involves the design, manufacture, testing, erection and commissioning of the switchgear, new transformers and associated equipment. ABB will supply 132kV GIS units, 33kV and 11kV GIS units, power transformers, and control and protection panels, including substation automation systems. ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering their environmental impact. The ABB Group of companies operates in around 100 countries and employs about 120,000 people. This information is provided by RNS The company news service from the London Stock Exchange END CNTUUGBWPUPWUBP

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