Senior Appointment

ABB Ltd
8 March 2001


ABB appoints new head of customer centric eBusiness
Former President and CEO of SourceAlliance to tackle global strategy


Zurich, Switzerland, 08 March, 2001 - ABB says today that it has appointed Greg
Scheu to the company's top eBusiness position - assigning him the task of
expanding and implementing a customer-centric eBusiness strategy to lead
collaborative commerce moving forward.

'Buying and selling on the Internet is already an integrated part of the way we
do business,' says Jorgen Centerman, ABB's President and CEO.  'But creating
real value for the customer lies beyond the transactional element of eBusiness. 
It means customizing information and creating network communities that engage
customers and suppliers in an unique dialogue with our company - we call this
collaborative commerce.'

Centerman says Scheu, 39, has a wide base of experience in eBusiness strategy
and implementation as the former President and CEO of SourceAlliance, an
electrical products industry marketplace and eSolutions company located in the
United States.  Scheu was largely responsible for bringing some 400 manufactures
and 1,200 distributors together in a global, online business.

'I'm incredibly excited to take this opportunity with ABB,' says Scheu.  'The
company is committed to implementing a customer-centric eBusiness strategy and
already has some 30 percent of its standard products online.  My role will be to
take the next level by accelerating and growing the company's online presence
and building collaborative commerce across the enterprise, making it even easier
for customers to do business with ABB.'

Scheu will report to Andrew Eriksson, Group Executive Vice President and Member
of the Executive Committee responsible for ABB Group Processes, and Jouko
Karvinen, Group Executive Vice President and Member of the Executive Committee
responsible for ABB Automation Technology Products.

ABB says several other members of the SourceAlliance team will also join the
company and work alongside Scheu.  They included: Charles Dougherty, formerly
chief development officer at SourceAlliance, and Tim Walsh, formerly vice
president of finance at SourceAlliance.

ABB(www.abb.com) serves manufacturing, process and consumer industries,
utilities and the oil and gas sector with 160,000 employees in more than 100
countries .