Contracts Signed

ABB Ld
20 January 2000



For Your Business Editor

ABB to deliver systems, equipment to North Korean nuclear plants

US$ 200 million in orders awarded under multi-government framework
agreement

Zurich,  Switzerland, January 20, 2000 - ABB, the global  technology  group,
said today it has signed contracts  to  deliver  equipment and services  for 
two  nuclear  power stations at Kumho, on the east coast  of  North Korea. The
contracts, with a value of US$ 200 million, were  awarded by Hanjung
(Korea  Heavy Industries and Construction Co. Ltd.) and KOPEC (Korea  Power
Engineering Corp.).

The  two nuclear plants are being supplied to North Korea under a Supply
Agreement with KED0 (Korean Energy Peninsula Development Organization)
a  consortium, formed in 1995 by the governments of the United  States
Japan,  South  Korea  and the European Union. KED0  is  to  provide  the
stations  under the Agreed Framework signed by the U.S. and North Korea
in 1994.

Under the terms of the contracts, ABB will provide engineering design and
components for the two 1,000-megawatt (Mwe) light water nuclear steam
supply systems. The systems are an advanced version of ABB's System  80(R)
design,  which  is  being employed under license in eight reactors in
South  Korea.  The two power stations are scheduled to begin commercial
operation by 2007 and 2008, respectively.

ABB and BNFL, announced in late December of 1999 that British-based BNFL
will acquire ABB's nuclear business, pending regulatory approval.

ABB   is a global technology company serving  customers
in   power transmission  and  distribution;  automation;  oil,  gas, and
petrochemical  industrial  products and contracting;  and  in  financial
services. Power generation customers are served by the joint venture ABB
ALSTOM POWER.  The ABB Group employs about 170,000 people in more than 100
countries. 
                                ABB Ltd

ABB Corporate Communications, Zurich       ABB Investor Relations
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