Holding(s) in Company

BAE SYSTEMS PLC
13 April 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

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                             6,816,500
Bank of New York Nominees                             3,555,000
Northern Trust                                        548,500
Chase Manhattan Bank Australia Ltd                    19,400
Chase Nominees Ltd                                    25,594,627
BT Globenet Nominees Ltd                              1,189,600
Midland Bank plc                                      6,860,700
Cede & Co                                             1,841,000
Deutsche Bank Mannheim                                5,300
Bankers Trust                                         2,264,428
Barclays Bank                                         183,400
Citibank London                                       10,700
Royal Trust                                           50,900
Brown Bros                                            68,300
Nortrust Nominees                                     7,554,671
MSS Nominees Ltd                                      127,800
State Street Bank & Trust Co                          280,500
Citibank                                              17,900
Citibank NA                                           80,500
Deutsche Bank AG                                      8,300
HSBC Bank plc                                         3,700
Mellon Bank NA                                        294,900
ROY Nominees Ltd                                      144,300
Mellon Nominees (UK) Ltd                              1,970,573
Bank One London                                       11,800
HSBC                                                  72,400
JP Morgan Chase Bank                                  2,049,100

Capital International Limited:
State Street Nominees Ltd                             133,700
Bank of New York Nominees                             5,381,902
Northern Trust                                        2,186,030
Chase Nominees Ltd                                    3,251,600
Midland Bank plc                                      169,300
Morgan Guaranty                                       480,900
Nortrust Nominees                                     3,661,900
State Street Bank & Trust Co                          2,030,531
Deutsche Bank AG                                      317,100
HSBC Bank plc                                         1,571,100
Mellon Bank NA                                        201,500
KAS UK                                                12,400
Bank One London                                       207,800
Clysdale Bank plc                                     32,300
JP Morgan Chase Bank                                  36,900
Raiffeisen Zentral Bank                               118,600
Fortis Bank                                           29,000
Metzler Seel Sohn & Co                                30,300
Bayerische Hypo Und Vereinsbank AG                    44,600

Capital International S.A.:
Chase Nominees Ltd                                    2,528,149
Midland Bank plc                                      481,400
Barclays Bank                                         488,000
Brown Bros                                            28,500
Lloyds Bank                                           6,800
HSBC Bank plc                                         139,100

Capital International, Inc.:
State Street Nominees Ltd                             4,405,100
Bank of New York Nominees                             843,030
Northern Trust                                        35,400
Chase Nominees Ltd                                    3,071,700
Midland Bank plc                                      472,100
Bankers Trust                                         20,400
Brown Bros                                            333,400
Northtrust Nominees                                   213,200
State Street Bank & Trust Co                          203,300
Sumitomo Trust & Banking                              89,500
Citibank                                              24,100
Citibank NA                                           448,700
State Street Australia Ltd                            108,500
HSBC Bank plc                                         287,800
JP Morgan Chase Bank                                  906,800

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

N/A

8. Percentage of issued class

N/A

9. Class of security

Ordinary shares of 2.5 pence each

10. Date of transaction

Not disclosed.  Figures given as at 11 April 2006

11. Date company informed

13 April 2006

12. Total holding following this notification

96,657,511 shares

13. Total percentage holding of issued class following this notification

3.002%

14. Any additional information

Notification received under s198 CA85

15.  Name and contact details of authorised company official responsible for
making this notification

Ann-Louise Holding, Assistant Company Secretary  (tel: [phone])

16.  Date of notification

13 April 2006

                      This information is provided by RNS
            The company news service from the London Stock Exchange