Re Contract

ABB Ltd 18 March 2002 ABB wins US$ 30 million contract in Algeria New installations will help improve efficiency of national power supply Zurich, Switzerland, March 18, 2002 - ABB, the global power and automation technology group, said today it has won a US$30 million contract from Algeria's national power company Societe Nationale d'Electricite et du Gaz (Sonelgaz) to install five new electricity load dispatch centers and a related IT system. The contract calls for one national control center, four regional centers and a back-up center. It includes computer systems, data acquisition terminals and associated buildings. A load dispatch center coordinates the flow of power in an electric power system so the highest level of demand can be met at any given time within the carrying limits of network transmission lines. The new load dispatch centers will use ABB's energy management system to control the 247 power stations and substations that make up the Sonelgaz electricity supply network. 'Improving Sonelgaz's capability to collect and monitor data through a fully integrated system will help them get the most out of their existing generation and transmission infrastructure,' said Richard Siudek, executive vice-president and head of ABB Utilities division. 'These new facilities will benefit our customer and consumers by providing better network quality, safety and cost savings.' The new load dispatch centers are designed to improve monitoring and control of Sonelgaz's power generation resources and transmission system. They are scheduled to start operation in early 2004. 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 impact. ABB has 155,000 employees in more than 100 countries. For more information please contact: Media Relations Investor Relations ABB Corporate Communications, Zurich Switzerland: Tel. +41 43 317 3804 Thomas Schmidt Sweden: Tel.+46 21 325 719 Tel:+41 43 317 6492 USA: Tel. +1 203 750 7743 Fax:+41 1 317 7958 investor.relations@ch.abb.com media.relations@ch.abb.com This information is provided by RNS The company news service from the London Stock Exchange

Companies

ABB Ltd (0NX2)
UK 100

Latest directors dealings