Holding(s) in Company

British Airways PLC 17 December 2004 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company British Airways Plc 2. Name of shareholder having a major interest Franklin Resources 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 As above 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Bank of New York, London 2,196,067 Cede 7,063.880 Chase Nominees Ltd 27,494,114 Citibank London 368,400 Clydesdale Bank PLC 1,575,870 Euroclear Bruxelles 7,860 HSBC Bank 2,100,150 Mellon Bank NA London 5,034,616 Merrill Lynch 1,322,680 Northern Trust Company 3,596,067 Royal Trust Corp of Canada 4,490,031 State Street Nominees Ltd 9,540,688 5. Number of shares / amount of stock acquired N/A 6. Percentage of issued class N/A 7. Number of shares / amount of stock disposed 169,660 8. Percentage of issued class 0.02% 9. Class of security ordinary shares of 25p 10. Date of transaction Not known 11. Date company informed 17 December 2004 12. Total holding following this notification 64,790,423 13. Total percentage holding of issued class following this notification 5.98% 14. Any additional information 15. Name of contact and telephone number for queries Alan Buchanan, 020 8738 5119 16. Name and signature of authorised company official responsible for making this notification Alan Buchanan, Company Secretary Date of notification 17 December 2004 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. This information is provided by RNS The company news service from the London Stock Exchange

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