Steady top line growth in a mixed market

· Orders and revenues increased, orders steady to higher in all regions · Operational EBITDA and margin lower vs Q2 2011, margin up 1% point vs Q1 2012 · Thomas & Betts acquisition completed, solid first contribution to operational EBITDA · Significant foreign exchange translation negatively impacts top line and earningsZurich, Switzerland, July 26, 2012 – ABB reported higher orders and revenues in the second quarter of 2012 despite short-term macroeconomic volatility as customers in almost all regions continued to invest in power grid upgrades and improved industrial productivity.