Re Contract

ABB Ltd
09 October 2003



ABB wins US$ 54 million order for transformers



Quality and reliability key in long-term deal with Bombardier Transportation

Zurich, Switzerland, October 9, 2003 - ABB, the leading power and automation
technology group, said today it has won an order from Bombardier Transportation
to deliver traction transformers valued at US$ 54 million.

The order includes several hundred traction transformers, specially designed for
locomotives, which will be manufactured in ABB's focused factories in Halle,
Germany and Geneva, Switzerland. ABB will produce the first units on a
fast-track basis by early 2004, and deliver the remainder in stages until 2009.

'The order was received because of ABB's strong performance with previous
deliveries, and its technical experience with these special transformer
products,' says Peter Smits, head of ABB Power Technologies division. ABB
traction transformers are compact, lightweight and reliable.

This award extends a contract first obtained in 1995 with Bombardier
Transportation, the global leader in the rail equipment manufacturing and
servicing industry. ABB has so far delivered more than 1,000 transformers of
this type, valued at about US$ 140 million.

Most of the transformers from this award will be mounted on Bombardier
Transportation's TRAXX locomotive body, used by many national and private
railway companies. The remainder will be delivered mainly to Railion, the former
Deutsche Bahn Cargo.

Powerful traction transformers are mounted on locomotives to ensure power supply
to the motors, and since the locomotive has no back-up system due to limited
space, they must be fail-safe.

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 133,000 people.




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