Listing of Shares on NYSE

ABB Ltd
6 April 2001



ABB Media Relations                      ABB Investor Relations
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ABB LISTS SHARES ON THE NEW YORK STOCK EXCHANGE

COMPANY SAYS STRONG U.S. MARKET POSITION KEY FOR GLOBAL PLAYERS

Zurich, Switzerland, April 6, 2001 - ABB, the global technology company, today
listed its shares on the New York Stock Exchange, saying the move was aimed at
supporting the company's growth strategy.

'We are moving to broaden our shareholder base in the United States,' said
president and CEO Jorgen Centerman, in reference to the company's morning
listing of American Depositary Shares (ADS) under the symbol 'ABB'. 'The listing
supports our growth ambitions and allows us to better benchmark ourselves
against competitors.'

'If you want to be considered a truly global player, you've got to have a strong
position in the United States,' Centerman said. ABB's U.S. operations already
employ more than 16,000 people in 40 states. More than 1,000 scientists and
software engineers at 12 centers in the United States conduct research and
development activities on behalf of ABB's U.S. and worldwide businesses.

In late March, ABB launched a program to buy back six million shares for
cancellation. Shareholders endorsed the buy-back of two percent of ABB's total
share capital at the annual general meeting of ABB Ltd in Zurich, Switzerland.
At the same time, the shareholders approved a 4-for-1 share split. The share
split is subject to a change in the Swiss law, which is expected to become
effective on May 1, 2001.

In connection with the listing on NYSE, ABB will establish a procedure in which
holders of its restricted American Depository Receipts (ADRs) may exchange them
for new unrestricted ADSs. Four new ADSs will represent one registered share.
Once the share split becomes effective, each new ADS will represent one ABB
share.

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


This press release does not constitute an offer to sell, or the solicitation of
an offer to buy, any securities.