2003 ABB Group All rights reserved Introducing ABB

Facts about ABB Headquarters: Zurich, Switzerland n About 133, 000 employees in around 100 countries n Orders in 2002: US$ 18. 1 billion n Revenues in 2002: US$ 18. 3 billion n Listed on stock exchanges in London/Zurich, Stockholm, Frankfurt and New York © 2003 ABB Group - 2 - n n A leading power and automation technology company with strong market positions in its core businesses n Two core divisions: Power Technologies, Automation Technologies n Oil, Gas and Petrochemicals division, Building Systems, to be divested

Who we are n ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact © 2003 ABB Group - 3 - n Our aim is to create value for all our stakeholders. We seek to meet the needs of our customers, our employees and the communities where we do business, and create value for our shareholders

What we offer n Leading-edge power and automation technology products, systems, solutions and services for n n n Utilities Industries The oil, gas and petrochemicals sector © 2003 ABB Group - 4 - n World-class collaborative business platforms and solutions based on Industrial. IT open architecture software

Core Divisions n Headquarters: Zurich, Switzerland n About 139, 000 employees in more than 100 countries n Power Technologies n Automation Technologies Orders in 2002: US$ 18. 1 billion n Revenues in 2002: US$ 18. 3 billion n Listed on stock exchanges in London/Zurich, Stockholm, Frankfurt and New York © 2003 ABB Group - 5 - n

Power Technologies division © 2003 ABB Group - 6 - High-Voltage Products Medium. Voltage

Products, systems and services Power Technologies n n © 2003 ABB Group - 7 - n Products for power technologies: n power and distribution transformers n switchgear n breakers n products and technologies for highand medium-voltage applications Systems for power technologies: n AC and DC power transmission and distribution systems n Automation systems for utilities Services for power technologies: n Repair, retrofit, refurbishment n Asset management and diagnostics

Automation Technologies division © 2003 ABB Group - 8 - Control Platform & Enterprise Products Drives, Motors & Machines Low-Voltage Products & Instrumentation Robotics, Automotive & Manufacturing industries Paper, Minerals, Marine & Turbocharging Petroleum, Chemical & Consumer industries

Control Platform and Enterprise Products Key Deliverables: § Industrial IT automation, optimization, and information management products § Control systems § Software solutions for integrating and optimizing the use of plant assets and operations § Information Management, Production Management, Planning & Scheduling, Manufacturing Execution Systems, Substation Automation Customers Served: © 2003 ABB Group - 9 - § Full range of process industries, including pulp and paper, metals and minerals, chemicals, petroleum, life sciences, etc. § Public and private power generation, transmission and distribution § Discrete manufacturing, food and beverage, and automotive

Drives and Motors Key Deliverables: § Low and Medium Voltage Drives § Low and High Voltage Motors and Generators § Power Electronics Systems § Services Products Customers Served: § Drives, Motors and Generators: OEMs, Distributors and End Users within building automation, marine, power, transportation, manufacturing and process industries © 2003 ABB Group - 10 - § Power Electronics: Aluminium and magnesium smelters, excitation systems for power plants

Low Voltage Products and Instruments Key Deliverables: § Breakers, Control Products, Switches & Fusegear, Terminal blocks § Modular DIN rail Products, Intelligent Installation Systems, Enclosures, Cable Systems and Wiring accessories § Instrumentation § Switchgear and Motor Control Centers Customers Served: § Sales Channels = Distributors and wholesalers © 2003 ABB Group - 11 - § Industries = OEM‘s and panel builders, systems integrators and end users, process manufacturing industries

Robotics, Automotive and Manufacturing Key Deliverables: § Development, production and sale of industrial robots, related equipment and software § Standardized manufacturing cells for varied applications such as material handling, machine tending, welding, cutting, painting, finishing § Engineering for turnkey solutions in press automation, body-in-white, paint process automation, power train assembly § Product and system services and asset management services Customers Served: © 2003 ABB Group - 12 - § Automotive, foundry, metal fabrication, plastics, electronics, consumer Industries

Paper, Minerals, Marine and Turbocharging Key Deliverables: § Pulp and paper automation, production and quality, machine health monitoring; chemical delivery © 2003 ABB Group - 13 - § Measurement and automation solutions for ferrous and non-ferrous metals production and processing § Electrification and automation solutions for primary aluminum, cement, mining and mineral processing § Electric propulsion, power generation and distribution, automation and HVAC systems for cruise, cargo and offshore vessels. § Turbocharging of Diesel and Gas Engines Customers Served: § Pulp and paper manufacturers § Ferrous and non-ferrous metals producers § Cement, mining and mineral processing § Cruise, ferry and oil and gas vessels § Turbochargers: Marine, power and transportation

Petroleum, Chemicals and Consumer Key Deliverables: § Industry-specific products, systems, software and solutions § Full range of industry services and engineering § Analytical products and solutions Customers Served: § Oil and gas production, processing, refining, and transportation § Petrochemical and chemical markets © 2003 ABB Group - 14 - § Primary and secondary pharmaceutical manufacturing and packaging; quality control and regulatory validation/compliance § Food and beverage, home care, agricultural milling, personal care products

Automation Technologies Services § Commissioning § Installation & commissioning; product and process applications; environmental adaptation; product migration § Lifecycle Optimization § Contract & demand hardware & software optimization; remote services; system upgrade expansion & modification. § Parts & Repair § Spares; reconditioning & repair; version management; legacy product support; parts management support. § Performance Services § Performance-based automation procurement, commissioning & operational outsourcing § Performance-based electrical maintenance outsourcing § Condition monitoring § Benchmarking and improvement; change management ; © 2003 ABB Group - 15 - sustainable excellence; safety, health & environmental § Training § Products, process & application; general technology; training contracts, training assessment

Strategy: Leverage and focus © 2003 ABB Group - 16 - Automation Technologies n Serve global wholesalers and distributors with full range of standard automation products n Serve existing product and system customers with asset-extending services n Serve manufacturing customers with combined process and discrete solutions

© 2003 ABB Group - 17 - Industrial. IT n Integration of enterprise systems for automation, information, and collaborative commerce n A single ABB architecture for fast deployment, seamless integration and real-time information n Compatible ABB building blocks across the enterprise value chain n Unsurpassed domain expertise in customer industries n We have more than 35, 000 Industrial IT-enabled products

© 2003 ABB Group - 18 - Extra value with ABB Industrial. IT n A compatible “information enabled” product portfolio n Built-in tools to install, operate, optimize, and maintain every plant device n Easier integration of systems for power, automation, and information n A compatible, open architecture from shop floor to top floor

© 2003 ABB Group - 19 - Compatible enterprise building blocks n Comprehensive electronic asset information bundled with every product n Documentation, configuration and connectivity tools, lifecycle support and more at the click of a mouse! n Copy-and-Paste integration through ABB Aspect Object™ technology

© 2003 ABB Group - 20 - An open enterprise architecture n The ABB Aspect Integrator Platform™ lets you monitor, control, optimize, and maintain from one powerful interface. n Evaluate, deploy, and influence plant components just like browsing the files on your PC n Fast, intuitive navigation from a logical systems perspective.

Technology innovation Objectives n Keep and build technology leadership in power and automation products, applications and services Research and Development n New R&D center opened in China in 2003. Two centers, India and Singapore, opened in 2002 Investment in technology © 2003 ABB Group - 21 - n ABB spent around 5 percent of revenues on research and development in 2002