Issue of Equity

ABB Ltd
09 December 2003

NOTIFICATION

ABB issues new shares

Zurich, Switzerland, December 9, 2003 - ABB today issued 840,006,602 new shares
in preparation for the completion of the recently-announced capital increase.
Trading in the new shares of ABB Ltd is scheduled to begin on December 10, 2003.
The delivery of the new shares is expected to take place on or about December 12
2003.

The subscription period during which shareholders could exercise rights to
purchase the new shares expired today at 12 noon Central European Time.

ABB also has taken the opportunity to arrange for the issuance at the prevailing
market price over the relevant period of 30,298,913 shares out of the authorized
share capital to be contributed to the Combustion Engineering 524(g) Asbestos PI
Trust. The Trust will be established as part of the Pre-Packaged Plan of
Reorganization filed by ABB's U.S. subsidiary Combustion Engineering under
Chapter 11 of the U.S. Bankruptcy Code. The shares will be contributed to the
Trust once the Plan of Reorganization becomes effective.


The material set forth herein is for informational purposes only and is not
intended, and should not be construed, as an offer to sell, or as a solicitation
of an offer to purchase, any securities.  The securities described herein have
not been and will not be registered under the U.S. Securities Act of 1933, as
amended (the 'Securities Act'), or the laws of any state, and may not be offered
or sold within the United States, except pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the Securities Act
and applicable state laws.  The company does not intend to make a public
offering of securities in the United States.




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