Pressinvitation

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Invitation to Press Conference ABB Ltd (Zurich) and Investor AB (Stockholm) will hold a joint press conference today, March 27, at 1400h (2.00 p.m.) Central European Summer Time (CEST) (1200 GMT) to present a new European venture capital company with an investment base of Euro 1 billion, focused on business-to-business eCommerce (please see attached press release). The conference will be held simultaneously in Zuri'ch and Stockholm, with the two locations linked via satellite television. If you are unable to attend the conference, you can participate by telephone or over the Internet. A satellite feed from the conference will also be available. In Zurich, the press conference will take place at: st The Swissôtel International- Room Basel (1 Floor) Schulstr. 44/Am Marktplatz Oerlikon Zürich In Stockholm, the press conference will take place at: The Grand Hotel- The "Mårten Winge" Room Södra Blasieholmshamnen 8, Stockholm Present in Zurich will be Göran Lindahl, President and CEO of ABB. Representing Investor in Stockholm will be the company's CEO, Marcus Wallenberg, as well as the Chairman of the new company, Börje Ekholm. Journalists may also participate by telephone. The conference call number is: +41 (0) 91 610 4111 Journalists should call 10 minutes in advance to receive further instructions. The press conference will be broadcast live over the Internet. Please go to the ABB home page (www.abb.com) or to the Investor home page (www.investor.se) and follow the link to the press conference site. There you can download the software needed to view the event. Information for satellite downlink: Satellite: Eutelsat W 3, 7 Degrees East Channel: Alpha 1 Downlink Frequency: 10960 MHz Polarization: Horizontal (X) Data Rate: 8.448 Megabit Modulation: QPSK FEC: 3/4 Symbol Rate: 6.1113 Megasymbol Downlink time: 14.00 - 15.00 CEST (12.00 - 13.00 GMT) The full audio program will be available on Channel 1. If you have any questions, please call: Investor AB ABB Nils Ingvar Lundin, Corporate John Fox, Corporate Relations Communications Tel: +46 8 614 20 49 Tel: +41 1 317 7354 Per Spångberg, Investor Relations Tel: +46 8 614 2031 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/27/20000327BIT00090/bit0001.doc http://www.bit.se/bitonline/2000/03/27/20000327BIT00090/bit0002.pdf

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