Holding in Company

BAE SYSTEMS PLC 21 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. N/A 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 SEE 14 BELOW 11) Date company informed 21 SEPTEMBER 2001 12) Total holding following this notification NOT KNOWN - SEE 14 BELOW 13) Total percentage holding of issued class following this notification LESS THAN 3% 14) Any additional information AS AT 19 SEPTEMBER 2001 THE SHAREHOLDER NAMED IN (2) ABOVE CEASED TO HAVE A NOTIFIABLE INTEREST IN THE ORDINARY SHARE CAPITAL OF BAE SYSTEMS PLC. 15) Name of contact and telephone number for queries ANNE-LOUISE HOLDING TEL: (01252) 383185 16) Name and signature of authorised company official responsible for making this notification Date of Notification ......21 SEPTEMBER 2001

Companies

BAE Systems (BA.)
UK 100