ABB announces posting of scheme document to Chloride shareholders

Zurich, Switzerland, June 25, 2010 - Further to the announcement, on 8 June 2010 (the "Press Announcement"), of a recommended cash offer for the entire issued and to be issued share capital of Chloride Group PLC (“Chloride”) by ABB Ltd (“ABB”), to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006, the directors of each of ABB and Chloride are pleased to announce that the Scheme Document relating to the Offer is today being posted to Chloride Shareholders and, for information only, to participants in the Chloride Share Schemes.

The Scheme Document contains, among other things, further information regarding the Offer and the Scheme of Arrangement pursuant to which ABB Acquisitions Ltd, a wholly owned subsidiary undertaking of ABB, will become the owner of the entire issued and to be issued share capital of Chloride. The Scheme Document also sets out the procedures to be followed in connection with the implementation of the Scheme, an anticipated timetable of principal events and details of the actions to be taken by Chloride Shareholders, and contains notices of the Court Meeting and General Meeting of Chloride Shareholders that are being convened in connection with the Scheme and which will be held on Friday 16 July 2010.

(See the complete document as PDF attachment)

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