7.45% Unsecured CALS

BAE SYSTEMS PLC
14 October 2003



BAE SYSTEMS plc 7.45% Unsecured Capital Amortising Loan Stock 2000/2003 (the
'CALS')

Cancellation of Listing

Application has been made to the UK Listing Authority for the CALS to be removed
from the Official List of the UK Listing Authority and from trading on the
London Stock Exchange at the close of business on 28 November 2003 following the
fourth and final redemption and interest payment due on the CALS.


Enquires: Ann-Louise Holding     01252 383185

14 October 2003


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