Re Alliance

ABB Ltd
13 November 2003




ABB signs five-year deal with Bombardier Transportation worth up to
US$ 500 million


Alliance agreement to supply railway traction components


Zurich, Switzerland, November 13, 2003 - ABB, the leading power and automation
technology group, said today it has signed a five-year alliance agreement with
Bombardier Transportation, the global leader in the rail equipment manufacturing
and servicing industry.

The agreement establishes a general framework for the business relationship and
procurement transactions between Bombardier Transportation and ABB. It is the
first such agreement signed by Bombardier Transportation with any of its
suppliers.

Under the terms, ABB will deliver railway components like traction transformers,
traction motors, power semiconductors, power electronic products and low-voltage
apparatus.

The agreement is potentially worth US$ 500 million.

'The blend of power and automation technologies involved in this agreement
reinforces the synergy among ABB's core businesses. At the same time, the
agreement is a cornerstone formalizing the mutual interests of Bombardier
Transportation and ABB,' said Peter Smits, head of ABB's Power Technologies
division. 'It reaffirms our position as supplier of choice and a reliable
long-term partner.'



A key target of the agreement is the reduction of production cycle time to
increase speed of delivery and maximize production efficiency. Operational units
of ABB and Bombardier Transportation are already collaborating on design
processes, and moving towards closer communication and business processes.

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 120,000 people.




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