Power corridor will link new Nigerian capital to 
                              the national grid 
                            
Zurich, Switzerland, November 7, 2000 –ABB, the 
                              global technology group, said today it has won a 
                              US$ 40-million order to design and build a new high-voltage 
                              power transmission corridor, including the installation 
                              of fiber optics, to Nigeria’s new federal capital 
                              of Abuja.
                              
                              The order was placed by Nigeria’s Ministry of Power 
                              and Steel and the Nigerian Electricity Authority 
                              (NEPA) as part of an ongoing initiative to upgrade 
                              the country’s electrical infrastructure to support 
                              economic development. The installation of optical 
                              fiber throughout the entire line will allow Abuja 
                              and the rest of the country to build up its telecommunications 
                              and data communications capability – a key enabler 
                              for future Internet technologies and communications.
                              
                              The project involves the design, manufacture, erection 
                              and commissioning of the 144-kilometer, 330-kilovolt 
                              link between Shiroro, and Abuja – in the center 
                              of Nigeria – including transmission towers and power 
                              lines, and all related electrical systems and equipment.
                              
                              ABB said the project includes the transfer of high-voltage 
                              transmission engineering technology from Europe 
                              and from its operations in South Africa. Technology 
                              and equipment from ABB in Nigeria and South Africa 
                              will make up some 70 percent of the total delivery.
                              
                              “This is a significant order for ABB in Africa and 
                              is the direct result of our strong local presence 
                              and expertise in both Nigeria and South Africa – 
                              the two biggest economies in Sub-Saharan Africa 
                              – and our ability to transfer technology across 
                              borders,” said Sune Karlsson, executive vice-president 
                              and head of ABB’s power transmission and power distribution 
                              business segments.
                              
                              Work on the project will begin immediately and is 
                              expected to be completed within two years.
                              
                              The ABB Group (www.abb.com)serves customers in power 
                              transmission and distribution; automation; oil, 
                              gas, and petrochemicals; building technologies; 
                              and in financial services. With novel IT applications, 
                              tailored software solutions, growing eBusiness and 
                              a fast-expanding knowledge and service base, ABB 
                              is building links to the new economy. The ABB Group 
                              employs about 160,000 people in more than 100 countries. 
                              (End)