ABB Ltd - Summary of Law Enforcement Action

On April 18, 2005, ABB Ltd., an energy equipment and services company based in Switzerland and listed on the New York Stock Exchange, self-reported to the SEC and the DOJ that its Sugar Land, Texas subsidiary, ABB Inc., may have made corrupt payments to public officials in Mexico to obtain contracts with the Comisión Federal de Electricidad (CFE), a Mexican state-owned utility company.