Appendix I


Income (loss) from discontinued operations (not included in EBIT)
(unaudited)

$ in millions

Q3 2005

Q3 20041

Asbestos

(24)

(24)

Lease portfolio (prev. in Structured Finance)

(26)

20

Power lines

(1)

(6)

Other

1

13

Net loss

(50)

3

1 Adjusted to reflect the reclassification of the oil, gas and petrochemicals business to continuing operations, and of other activities to Discontinued operations.

Appendix II


Summary of 2009 group targets

Revenue growth 2005-2009

> 5% (CAGR1)

EBIT margin

> 10%

Net margin

> 5%

Return on capital employed (after tax) (ROCE)

Mid-teens

Free cash flow as share of net income

100%

1 Compound annual growth rate over five years from 2005 to 2009, excluding major acquisitions and divestitures and assuming constant exchange rates.

Summary of 2009 division targets

Division1

Corresponding business area in current structure

Revenue growth
2005-092

EBIT margin 2009

Power Products

Power Technology Products

> 6 %

> 11 %

Power Systems

Power Technology Systems

> 5 %

> 6 %

Automation Products

same

> 5 %

> 14 %

Process Automation

same

> 5 %

> 9 %

Robotics

Manufacturing Automation

> 4 %

> 9 %

1 Division structure effective January 1, 2006. 2 Compound annual growth rate for the five years from 2005 to 2009, excluding major acquisitions and divestitures and assuming constant exchange rates.

Targets defined

Revenue growth CAGR

Compound annual growth rate for the five years from 2005 to 2009, excluding major acquisitions and divestitures and assuming constant exchange rates

EBIT margin

Earnings before interest and taxes as a percentage of revenues

Net margin

Net income as a percentage of revenues

Free cash flow

Free cash flow (cash flow from operating activities adjusted for changes in financing receivables as well as net investments in property, plant and equipment) as a percentage of net income

Return on capital employed

EBIT (less tax), divided by the sum of fixed assets plus net working capital*
EBIT (less tax) = EBIT x (1 – tax rate)
Tax rate = Provision for taxes / Income from continuing operations before taxes and minority interest

* The published financial statements for the full years 2004 and 2003 do not present information in a manner that would allow the calculation of return on capital employed as calculated by ABB above. Starting with the 2005 annual financial statements, additional disclosures will be made on the group's balance sheet to allow the above calculation.

ABB Executive Committee as of January 1, 2006

Fred Kindle

President and CEO

Dinesh Paliwal

President, Global Markets & Technology

Michel Demaré

CFO

Gary Steel

Human Resources

Ulrich Spiesshofer1

Corporate Development

Bernhard Jucker2

Power Products

Samir Brikho2

Power Systems

Tom Sjoekvist2

Automation Products

Veli-Matti Reinikkala2

Process Automation

Anders Jonsson2

Robotics

1 Appointment effective November 1, 2005. 2 Appointments effective January 1, 2006.

Appendix III


ABB key figures Q3 2005
(unaudited)

$ in millions

Q3 2005

Q3 20041

% change

US$

Local

Orders

Group

5,740

4,993

15%

14%

Power Technologies

2,724

2,093

30%

28%

Automation Technologies

2,982

2,728

9%

8%

Non-core activities

250

344

-27%

-25%

Corporate

(216)

(172)

Revenues

Group

5,648

5,005

13%

12%

Power Technologies

2,426

2,108

15%

13%

Automation Technologies

2,944

2,667

10%

9%

Non-core activities

459

389

18%

26%

Corporate

(181)

(159)

EBIT2

Group

458

253

81%

Power Technologies

219

116

89%

Automation Technologies

323

266

21%

Non-core activities

11

(20)

n/a

Corporate

(95)

(109)

EBIT margin

Group

8.1%

5.1%

Power Technologies

9.0%

5.5%

Automation Technologies

11.0%

10.0%

Net income

188

98


ABB key figures first nine months 2005
(unaudited)

$ in millions

Jan-Sept
2005

Jan-Sept
20041

% change

US$

Local

Orders

Group

18,124

16,447

10%

6%

Power Technologies

8,241

7,156

15%

11%

Automation Technologies

9,750

8,587

14%

10%

Non-core activities

780

1,250

-38%

-40%

Corporate

(647)

(546)

Revenues

Group

16,443

14,726

12%

8%

Power Technologies

6,973

6,181

13%

9%

Automation Technologies

8,895

7,839

13%

10%

Non-core activities

1,178

1,251

-6%

-8%

Corporate

(603)

(545)

EBIT2

Group

1,218

818

49%

Power Technologies

520

446

17%

Automation Technologies

963

743

30%

Non-core activities

10

(18)

Corporate

(275)

(353)

EBIT margin

Group

7.4%

5.6%

Power Technologies

7.5%

7.2%

Automation Technologies

10.8%

9.5%

Net income

513

188

1 Adjusted to reflect the reclassification of the oil, gas and petrochemicals business to continuing operations, and of other activities to Discontinued operations. 2 Earnings before interest and taxes. See Summary Financial Information for more information.