Airbus

BAE SYSTEMS PLC
02 May 2006


                     BAE Systems 20% shareholding in Airbus


                                                                      2 May 2006


Further to the statement on 7 April 2006 regarding the sale of its 20%
shareholding in Airbus BAE Systems confirms that it has issued a Put Option
Intention Notice to EADS.



Issued by

BAE Systems plc

London



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