Statement re bond repurchase

ABB Ltd
05 October 2005


ABB repurchases CHF 390 million of bonds
Further progress to reduce debt and financing costs

Zurich, Switzerland, October 5, 2005 - ABB, the leading power and automation
technology group, said today it has repurchased a total of CHF 392 million of
its CHF 500 million, 3.75 percent bonds due in 2009.

'These transactions are in line with our financial strategy to reduce on- and
off-balance sheet obligations and lower financing costs, so long as such
measures make economic sense for ABB,' said Michel Demare, ABB's chief financial
officer.

The repurchased bonds were cancelled on October 4, 2005 leaving a remaining
nominal amount outstanding of CHF 108 million.

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 103,000 people.





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