Holding in Company

BAE SYSTEMS PLC 11 September 2001 DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY BAE SYSTEMS PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST BARCLAYS PLC (THROUGH ITS SUBSIDIARY, BARCLAYS BANK PLC) 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 SHAREHOLDER 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. SEE BELOW 5) Number of shares/amount of stock acquired. N/A 6) ( N/A %) of issued Class 7) Number of shares/amount of stock disposed N/A 8) ( N/A %) of issued Class 9) Class of security ORDINARY SHARES OF 2.5P EACH 10) Date of transaction NOT SUPPLIED 11) Date company informed 11 SEPTEMBER 2001 12) Total holding following this notification 93,632,529 ORDINARY SHARES 13) Total percentage holding of issued class following this notification 3.06% 14) Any additional information INFORMATION SUPPLIED AS AT 5 SEPTEMBER 2001 15) Name of contact and telephone number for queries ANN-LOUISE HOLDING TEL: (01252) 383185 16) Name and signature of authorised company official responsible for making this notification ANN-LOUISE HOLDING Date of Notification ..11 SEPTEMBER 2001.... May 2000 Holding MSTC Nominees Ltd 57,295 MSTC Nominees Ltd 59,388 Unknown 108,575 Baclays Capital Nominees Ltd 2,550,624 Bank of Ireland Nominees Ltd desig 537960 291,616 Bank of Ireland Nominees Ltd desig 73520 359,401 Dematerialised 23,429 Chase Nominees Ltd desig 16331 1,144,547 Chase Nominees Ltd desig 16338 86,062 Chase Nominees Ltd desig 16341 2,807,004 Chase Nominees Ltd desig 16342 180,437 Chase Nominees Ltd desig 16344 38,135 Chase Nominees Ltd desig 16376 544,451 Chase Nominees Ltd desig 16400 28,153,976 Chase Nominees Ltd desig 16530 6,956,741 Chase Nominees Ltd desig 18408 184,029 Chase Nominees Ltd desig 20947 5,283,104 DEM69 218,129 Barclays Bank Trust Co Ltd & third party nominee 4,922 Barclays Bank Trust Co Ltd as executor 20,863 Unknown 2,094 Barclays Bank Trust Co Ltd - IMA 2,285 Chase Manhattan Bank London 15,088,669 Twenty Nine Gracechurch Street Nominees Limited a/c 5782A 2,216,197 Unknown 1,068,399 Unknown 48,472 Unknown 87,505 Unknown 7,730 Unknown 30,953 Unknown 55,185 Barclays Bank Trust Co Ltd and another 44,154 Unknown 25,583,158 Nutraco Nominees Ltd 325,000

Companies

BAE Systems (BA.)
UK 100