Holding(s) in Company

ABB Ltd
05 August 2002



BZ Group has decreased stake in ABB

Investment company controls 9.7 percent of global power and automation group

Zurich, Switzerland, August 5, 2002 - The BZ Group Holding Limited, Switzerland
announced that, as per July 30, 2002, it holds less than 10 % of total voting
rights of ABB Ltd, Zurich through BZ Bank AG, Wilen and Intershop Holding AG,
Winterthur.

The BZ Group Holding Limited directly and indirectly holds 116,817,042
registered shares of ABB Ltd corresponding to 9.7 % of the total capital and
votes.

ABB (www.abb.com) is a global leader in power and automation technologies that
enable utility and industry customers to improve performance while lowering
environmental impacts. The ABB Group of companies operates in more than 100
countries and employs about 150,000 worldwide.


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