Director Shareholding

BAE SYSTEMS PLC
07 April 2004


                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

BAE SYSTEMS plc

2. Name of director

Sir Richard Evans

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

Director named in 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

Sir Richard Evans

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

N/A

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

Release of shares from the Restricted Share Plan and partial sale thereof.

7. Number of shares / amount of stock acquired

22,053

8. Percentage of issued class

Not material

9. Number of shares/amount of stock disposed

9,049

10. Percentage of issued class

Not material

11. Class of security

Ordinary shares of 2.5p each

12. Price per share

Acquisition - nil consideration

Disposal - 211.81 pence


13. Date of transaction

7 April 2004

14. Date company informed

7 April 2004

15. Total holding following this notification

549,091

16. Total percentage holding of issued class following this notification

Not material

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant

N/A

18. Period during which or date on which exercisable

N/A


19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved: class, number

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise

N/A

22. Total number of shares or debentures over which options held following this
notification

See 23 below

23. Any additional information

The director has interests in contingent awards over 21,698 shares under the Restricted Share Plan and
options over 790,782 shares under the Executive Share Option Scheme.

24. Name of contact and telephone number for queries

Ann-Louise Holding [phone]

25. Name and signature of authorised company official responsible for making
this notification

Ann-Louise Holding, Assistant Company Secretary

Date of Notification

7 April 2004

                      This information is provided by RNS
            The company news service from the London Stock Exchange