Re Contract

Rolls-Royce PLC
14 November 2001


                                                              14 November 2001


                ROLLS-ROYCE SUBMARINE SUPPORT WORK WORTH UP TO
                                 £400 MILLION

Rolls-Royce has won a Ministry of Defence contract worth £100 million to keep
the Royal Navy nuclear submarine flotilla safe and in service.

The company will provide a total powerplant support package, worth £100
million over the next three years. Future support programmes envisaged for
2004-2011 are potentially worth a further £300 million.

The contract covers design improvements, inspection, refurbishment, condition
monitoring and a continuous safety review for the nuclear powerplant, which
creates the steam to drive a submarine's turbines. Rolls-Royce will also
continue to conduct research into future power plant development.

Saul Lanyado, Rolls-Royce President - Marine, said: 'This contract is a
welcome recognition of the skills and expertise we provide to form an
effective partnership with the Ministry, securing our long-term future as the
national strategic centre for naval nuclear propulsion.'

Rolls-Royce designs, supplies and supports all the reactor systems and
equipment that power the Royal Navy's nuclear submarine fleet.

Notes to Editors

Rolls-Royce plc is a global company providing power for land, sea and air. The
company has established a balanced business, with leading positions in civil
aerospace, defence aerospace, marine and energy markets, where its core
technology can be applied over a broad range of products and services.

Its aerospace businesses have customers in over 150 countries, including more
than 500 airlines, 2,400 corporate and utility operators and 160 armed forces,
using both fixed and rotary wing aircraft.

Rolls-Royce is the global leader in marine power systems, with a broad product
range and full systems integration capability. More than 2,000 commercial
marine customers and over 30 navies use Rolls-Royce propulsion and products.
In energy markets, the company is investing in new products and capabilities
for the oil and gas industry and power generation.

Rolls-Royce pioneered gas turbine technology for aerospace, power generation
and marine propulsion, and is involved in the major future programmes in these
fields, including the WR-21 marine engine, leading-edge water jet propulsion
systems, and combat engines for Eurofighter Typhoon and the Joint Strike
Fighter.

For further information please contact

Bill O'Sullivan
Communications Manager
Rolls-Royce
Tel [phone]
Fax [phone]
email [e-mail]
web www.rolls-royce.com


Gordon Welsh
Head of Communications - Marine
Rolls-Royce
Tel [phone]
Fax [phone]
Email [e-mail]