Investor positive toward ABB's new rights issue

Investor positive toward ABB's new rights issue Investor's President and CEO Marcus Wallenberg made the following statement today in connection with ABB's announcement that it would carry out a rights issue of new shares: "ABB has implemented measures on a step-by-step basis to strengthen its operational and financial position. The proposed new rights issue is an important part of this work. Investor, representing 10 percent of the capital and votes in ABB, is therefore positive toward the proposed rights issue. The final decision to participate will be made after reviewing the terms and conditions at the time of subscription." For further information: Fredrik Lindgren, Vice President, Corporate Communications, +46 8 614 2031, +46 70 624 2031 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/28/20031028BIT00090/wkr0001.doc http://www.waymaker.net/bitonline/2003/10/28/20031028BIT00090/wkr0002.pdf

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Investor is the leading owner of Nordic-based international companies, founded by the Wallenberg family a hundred years ago. We own significant minority or majority interests in high quality companies. Through our participation on the boards of directors, we work for continuous improvement of the performance of the companies. With our industrial experience, network and financial strength we strive to make our companies best-in-class. Our cash flow allows us to support strategic initiatives in our companies, capture investment opportunities and provide our shareholders with a dividend. Our Core Investments include listed holdings Atlas Copco, SEB, ABB, Ericsson and the operating subsidiary Mölnlycke Health Care.

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