ABB China ranked one of the top in best employers survey

Beijing, China, November 17, 2003 – ABB, the leading power and automation technology group announced today that ABB (China) Limited has ranked in Top Ten of best employers in Employee Opinion Survey conducted jointly by Watson Wyatt Worldwide, Fortune China and Sohu.

Based on the survey to 65 participating Chinese and foreign-invested enterprises in China, the Top Ten Employers was evaluated and ranked in terms of their overall merits and employee satisfaction level. The joint survey results showed that ABB ranked one of the top ten on the list of best employers in China.

"We aim to provide all our employees the opportunity to use and expand their skills, knowledge and creative potential for both their own career development and for the benefits of the company by providing a challenging and rewarding work environment," said Peter Leupp, Chairman and Country Manager of ABB China. "We encourage diversity, personal initiative, entrepreneurship and behavior responsive to customer needs."

Employee Opinion Survey covered a variety of issues on the company, such as employees' commitment, job satisfaction, communications, compensation and benefits, leadership and management effectiveness, as well as working environment. The survey is conducted in anonymity. Watson Wyatt is responsible for the individual collection, process and evaluation of the employees' feedback forms. Fortune China and Sohu are responsible to publish and communicate the result of the survey in the country.

Watson Wyatt Worldwide is the leading human resources, compensation and benefits consulting firm, with over 5,500 employees in 92 offices globally, and has provided services to more than 15,000 clients worldwide.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impacts. The ABB Group of companies operates in around 100 countries and employs about 120,000 people worldwide. ABB in China employs about 6,500 people in more than 20 companies and sales office in 23 major cities.

For more information please contact:

ABB (China) Ltd.
Paul Chan
Tel:+86 10 8456 6688
Fax:+86 10 8456 7613
paul.chan@cn.abb.com

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