Zurich, Switzerland, April 3, 2007 - ABB announced today that as per March 31, 2007 a total of CHF 788'705'000 or approximately 79% of its 2010 Swiss franc convertible bonds have been converted by bondholders into ABB shares.
As a consequence ABB has delivered approximately 82 million shares out of its contingent capital during March 2007. These shares are entitled to 2006 dividends.
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 108,000 people.