Holding(s) in Company

BAE SYSTEMS PLC
27 February 2006

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


BAE SYSTEMS plc



2. Name of shareholder having a major interest


FMR Corp and its direct and indirect subsidiaries, and Fidelity International 
Limited and its direct and indirect subsidiaries



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


Northern Trust London                                8,833,340
State Str Bk and Tr Co Lndon                         7,729,890
JP Morgan Bournemouth                                4,425,700
HSBC Bank plc                                        2,665,230
Bank of New York Brussels                            2,325,750
Mellon Bank                                          1,998,600
Bankers Trust London                                 870,600
Midland Securities Services                          386,400
Chase Manhttn Bk AG Frankfrt                         314,100
Clydesdale Bank plc                                  204,300
JP Morgan Chase Bank                                 166,400
Societe Generale                                     154,300
Dexia Privatbank                                     35,500
Chase Manhattan London                               33,000
State Street Bank and Tr Co                          16,035,466
Brown Brothers Harriman and Co                       7,665,200
Northern Trust Co                                    4,884,663
Mellon Bank N.A.                                     4,094,186
JP Morgan Chase Bank                                 2,954,000
Bank of New York                                     1,475,900
CIBC Mellon Trust                                    1,007,657
Royal Trust - Toronto                                132,945
JP Morgan Chase Bank                                 56,999,304
State Street Bank and Tr Co                          11,076,280
Northern Trust Co                                    3,346,369
Brown Bros Harriman & Co                             951,810
Northern Trust London                                421,300
Mellon Bank N.A                                      145,296
Mellon Bank N.A                                      99,100
JP Morgan Bournemouth                                15,101,559
Bermuda Trust Far East HK                            976,580
Brown Bros Harrimn Ltd Lux                           14,556,120
JP Morgan Bournemouth                                7,643,297
Chase Manhatn Bk AG Frankfrt                         1,404,100
Northern Trust London                                1,231,030
HSBC Bank plc                                        918,100
State Str Bk and Tr Co Lndn                          828,906
BNP Paribas, Paris                                   631,850
Bank of New York Brussels                            625,000
JP Morgan, Bournemouth                               614,400
State Street Bank Australia                          533,700
National Astl Bk Melbourne                           344,900
Brown Brothers Harriman and Co                       328,400
Northern Trust Co                                    242,300
BNP Paribas, Paris                                   189,700
Morgan Stanley London                                118,240
Ing Luxembourg                                       111,172
Master Trust Bank of Japan                           747,200
Brown Brothers Harriman and Co                       172,130
Nomura Trust and Banking                             165,100
Trust & Cust Svcs Bk Ltd, Toko                       119,340
Bank of New York Europe Ldn                          5,100,000
CDC Finance                                          459,900
State Street Bank and Tr Co                          618,800
State Street Hong Kong                               49,100



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 24 February 2006



11. Date company informed


24 February 2006



12. Total holding following this notification


222,261,510 shares



13. Total percentage holding of issued class following this notification


6.92%



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


27 February 2006




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

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