ABB´s Dividend Access Facility for 2006

Zurich, Switzerland, April 5, 2006 – The Dividend Access Facility (DAF) provides to shareholders tax resident in Sweden and holding VPC registered ABB Ltd shares, the possibility to receive dividend being subject to taxation in Sweden without deduction of Swiss withholding tax. The dividend will be a matter to be decided at the Annual General Meeting of shareholders on May 4, 2006.

Shareholders participating in the DAF will temporarily be registered as shareholders without rights to ABB Ltd dividend. Those shareholders will instead receive their dividend from ABB Ltd´s Swedish subsidiary, ABB Participation AB. The participating shareholders will for each ABB Ltd share receive one ABB Ltd share without dividend rights (ABB Ltd U) and one dividend right separated from the share (SR1). The ordinary ABB Ltd shares will be re-registered on the shareholders´ VPC accounts on May 15.

The ABB Ltd U share will be traded, in parallel with the ABB Ltd share, on OMX Stockholmsbörsen during the period of May 2, 2006 through May 9, 2006. Trading in dividend rights, SR1, will not be possible.

The DAF dividend payment, corresponding to the ABB Ltd dividend payment, will be administered by VPC and paid in SEK after conversion from CHF, and without deduction of the 35 per cent Swiss withholding tax. The dividend will be taxed according to Swedish tax legislation, i.e. a preliminary tax of 30 per cent will be withheld for private individuals.

More information have been sent to shareholders whose shares are registered with VPC in Sweden. Shareholders who have participated in the DAF before will automatically be registered for the DAF 2006 and onwards.

Time schedule for dividend

Dividend Access Facility (DAF) for VPC registered shareholders

April 5The DAF application period commences.
April 24 The DAF application period ends. Last day of trading in ABB Ltd shares including rights to DAF participation.
April 27Record date for DAF participation.
April 25-28Shareholders who have applied for DAF participation should not divest their ABB Ltd shares during the period of April 25-28, 2006 due to the ongoing de-registration of ABB Ltd shares and registration of ABB Ltd U shares and SR1.
May 2-16 Dividend rights SR1 registered on shareholders´ VPC accounts. (Trading in SR1 prohibited.)
May 2-12 ABB Ltd U shares registered on shareholders´ VPC accounts.
May 2-12 Transfer of ABB Ltd U shares between VPC and SIS prohibited.
May 2-9Trading in ABB Ltd U shares on OMX Stockholmsbörsen.
May 15ABB Ltd shares are re-registered on the shareholders´ VPC accounts.
May 16Dividend payment date.

Dividend for VPC registered shareholders not participating in the DAF
Also for ABB Ltd shareholders holding VPC registered shares who are not participating in the DAF, the dividend payment will be administered by VPC and paid in SEK, however with a deduction of the 35 per cent Swiss withholding tax.

May 8 Last day of trading in ABB Ltd shares including rights to dividend.
May 9-11Transfer of ABB Ltd shares between VPC and SIS prohibited.
May 11 Dividend record date.
May 16Dividend payment date.

Dividend for shareholders whose shares are registered in Switzerland

May 8Last day of trading in ABB Ltd shares including rights to dividend.
May 9-11 Transfer of ABB Ltd shares between VPC and SIS prohibited.
May 9 Dividend payment date.
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 104,000 people.

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    Page information:
    • Media Relations
      ABB Corporate Communications, Zurich
      Wolfram Eberhardt
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      ABB Ltd
      Affolternstrasse 44
      CH-8050 Zurich, Switzerland
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