ABB Ltd Acquires 95.02% Stake in Newave Energy Holding S.A.

Newave Energy Holding S.A. (Newave) announced that as of January 31, 2012, ABB Ltd has disclosed the preliminary interim result of its voluntary public tender offer for all publicly held registered shares of the Company. Until completion of the offer period at January 30, 2012, 04.00 pm, 1,469,630 registered shares in Newave were tendered to ABB, representing 87.12% of all registered shares in Newave, to which the offer relates to. In addition, on December 11, 2011, ABB has signed individual share purchase agreements with three shareholders of Newave relating to a total of 1,400,101 registered shares in Newave. Therefore, including these 1,400,101 registered shares in Newave as well as 99,603 registered shares held by Newave or its subsidiaries and according to the preliminary interim result, ABB's participation in Newave amounts to 95.02%.