Amtech Elevator Contracts with Wells Fargo.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--April 16, 2003

Amtech Elevator Services, a wholly-owned subsidiary of ABM Industries Incorporated (NYSE:ABM), has been awarded a multi-year, multi-million dollar contract with Wells Fargo (NYSE:WFC). Amtech will provide modernization services for ten high-speed elevators, including the installation of state-of-the-art operating equipment, at Wells Fargo's world headquarters in San Francisco. The contract also extends Amtech's already existing preventative maintenance agreement with Wells Fargo.

"It is a privilege to expand our relationship with one of America's leading financial services providers," said Eric Lazear, president of Amtech Elevator Services. "Our staff and technicians are committed to enhancing Wells Fargo's vertical transportation system with state-of-the-art service, supported by the most advanced technology available, while ensuring convenience and efficiency for its customers, clients and employees," he added.

"We are happy to award this contract to Amtech Elevator," said Steve Levine, vice president, property management/facility operations, corporate properties group at Wells Fargo Bank. "Having had a successful long-term relationship with Amtech Elevator Services, in addition to many other ABM business lines, we are confident that this very visible project will be managed in a manner consistent with the pride that we at Wells Fargo have in our world headquarters building," he added.

Wells Fargo is a diversified financial services company -- providing banking, insurance, wealth management and estate planning, investments, mortgage and consumer finance from 5,600+ stores, the world's leading Internet banking site (www.wellsfargo.com) and other distribution channels across North America and elsewhere internationally. Wells Fargo has $349 billion in assets and 134,000 team members.

Amtech Elevator Services is the largest independent elevator service company in the United States. Amtech operates regional offices and warehouses across the country from headquarters in Los Angeles, and serves such major metropolitan areas as Atlanta, Chicago, Denver, Detroit, Houston, Las Vegas, Philadelphia, Phoenix, Pittsburgh, San Diego, San Francisco and Washington, DC.

ABM Industries Incorporated is the largest facility services contractor listed on the New York Stock Exchange. With annualized revenues in excess of $2.1 billion and more than 62,000 employees, ABM provides janitorial, parking, engineering, security, lighting, elevator, mechanical and network services for thousands of commercial, industrial, institutional and retail facilities in hundreds of cities across North America. In addition to Amtech Elevator, the ABM Family of Services includes ABM Janitorial, Ampco System Parking, ABM Engineering, American Commercial Security (ACSS), Amtech Lighting, CommAir Mechanical and ABM Service Network.