BZ Group increases stake in ABB

Investment company controls 10.1 percent of global technology group

Zurich, Switzerland, August 7, 2001 – The BZ Gruppe Holding AG announced that, as per August 3, 2001, it surpassed directly and indirectly through Stillhalter Vision AG, Freienbach, and through BZ Bank AG, Freienbach and the Intershop Holding AG, Winterthur, the threshold of 10 % of total votes of ABB Ltd, Zurich.

The BZ Group holds 120 607 194 registered shares of ABB Ltd corresponding to
a share of 10.1 % of capital and of total votes.

ABB (www.abb.com) serves manufacturing, process and consumer industries, utilities, and the oil and gas markets, with 160,000 employees in more than 100 countries.

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