Holding(s) in Company

BAE SYSTEMS PLC 28 June 2006 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company BAE SYSTEMS plc 2. Name of shareholder having a major interest The Capital Group Companies, Inc. on behalf of its affiliates, including Capital Guardian Trust Company, Capital International Limited, Capital International S.A., and Capital International Inc. 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 Capital Guardian Trust Company: State Street Nominees Ltd - 11,500,500 Bank of New York Nominees Ltd - 4,688,300 Northern Trust - 839,700 Chase Manhattan Bank Australia Limtied - 23,700 Chase Nominees Ltd - 35,183,727 BT Globenet Nominees Ltd - 1,589,300 Midland Bank plc - 7,695,700 Cede & Co - 2,165,040 Deutsche Bank Mannheim - 6,800 Bankers Trust - 3,028,874 Barclays Bank - 226,600 Citibank London - 13,200 Royal Trust - 56,100 Brown Bros. - 141,700 Nortrust Nominees - 9,928,271 MSS Nominees Limited - 173,100 State Street Bank & Trust Co - 347,200 Citibank - 20,600 Citibank NA - 109,300 Deutsche Bank AG - 11,300 HSBC Bank plc - 3,900 Mellon Bank N.A. - 406,000 ROY Nominees Limited - 165,000 Mellon Nominees (UK) Limited - 2,473,373 Bank One London - 15,000 HSBC - 102,000 J P Morgan Chase Bank - 2,818,600 Capital International Limited: State Street Nominees Ltd - 558,000 Bank of New York Nominees - 7,929,702 Northern Trust - 3,477,230 Chase Nominees Ltd - 4,714,300 Midland Bank plc - 291,200 Morgan Guaranty - 525,300 Nortrust Nominees - 6,356,800 MSS Nominees Limited - 92,100 State Street Bank & Trust Co - 2,691,231 Lloyds Bank - 42,400 Citibank - 15,600 Citibank NA- 561,700 Deutsche Bank AG - 535,100 HSBC Bank plc - 1,728,600 Mellon Bank N.A. - 219,500 Northern Trust AVFC - 509,200 KAS UK - 52,000 Mellon Nominees (UK) Limited - 82,700 Bank One London - 330,400 Clydesdale Bank plc - 61,400 J P Morgan Chase Bank - 42,900 Raiffeisen Zentral Bank - 517,200 Fortis Bank - 32,000 Metzler Seel Sohn & Co - 36,300 Bayerische Hypo Und Vereinsbank AG - 53,700 Capital International S.A.: Chase Nominees Ltd - 3,071,549 Midland Bank plc - 685,900 Barclays Bank - 488,000 Brown Bros - 134,400 State Street Bank & Trust Co - 96,200 Lloyds Bank - 30,100 Citibank NA - 9,300 HSBC Bank plc - 297,700 Capital International, Inc: State Street Nominees Ltd - 4,448,300 Bank of New York Nominees - 843,300 Northern Trust - 46,500 Chase Nominees Limited - 3,095,700 Midland Bank plc - 472,100 Bankers Trust - 20,400 Brown Bros - 333,400 Nortrust Nominees - 322,700 State Street Bank & Trust Co - 188,200 Sumitomo Trust & Banking - 89,500 Citibank - 24,100 Citibank NA - 478,400 State Street Australia Limited - 108,500 HSBC Bank plc - 342,300 J P Morgan Chase Bank - 906,800 5. Class of security Ordinary shares of 2.5 pence each 6. Date of transaction Not disclosed. Figures given as at 22 June 2006 7. Total holding following this notification 131,722,797 8. Total percentage holding of issued class following this notification 4.074% 9. Any additional information Notification received under s198 CA85 10. Name of contact and telephone number for queries Ann-Louise Holding (01252) 373232 11. Name and signature of authorised company official responsible for making this notification Ann-Louise Holding, Assistant Company Secretary 12. Date of notification 28 June 2006 This information is provided by RNS The company news service from the London Stock Exchange

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BAE Systems (BA.)
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