ABB to concentrate trading of its shares on Swiss, Stockholm and New York Stock Exchanges

Delisting from Frankfurt and London exchanges due to lack of trading activity

Zurich, Switzerland, August 4, 2005 – ABB Ltd announced today its intention to delist its shares from trading on the Frankfurt Stock Exchange (FWB) and the London Stock Exchange (LSE).

ABB made the decision because the average daily trading volume of its shares on the FWB and the LSE has become insignificant over the past three years. The cross-border, electronic virt-x exchange based in London handles around 75 percent of the daily volume of trading in ABB shares, and the remaining volume is almost entirely traded on the Stockholm Stock Exchange and, through the ADR (American Depositary Receipt) program, on the New York Stock Exchange.

“In today’s electronic trading environment, it is no longer necessary to be listed on a large number of exchanges to provide investors with the opportunity to trade in our shares,” said Michel Demaré, chief financial officer of ABB Ltd. “Concentrating our trading volume on a smaller number of exchanges improves liquidity, and as a consequence the pricing of our shares.”

ABB will shortly file applications to delist from both the LSE and FWB. ABB will delist from the LSE after the close of trading on 2.September 2005 and it expects to finalize the delisting from the FWB before the end of 2005. ABB shares will continue to be listed on the SWX Swiss Exchange (traded on virt-x), the Stockholm Stock Exchange and the New York Stock Exchange.

ABB ( 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 103,000 people.

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    • Media Relations
      ABB Corporate Communications, Zurich
      Thomas Schmidt
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      ABB Ltd
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      CH-8050 Zurich, Switzerland
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