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Thales (0HSR)

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Friday 27 June, 2003

Thales

Intention to delist

Thales
27 June 2003

                                  Thales S.A.

                               ----------------

                         Termination of London Listing


Thales today announces that it intends to delist its securities from the
Official List of the UK Listing Authority and from trading on the London Stock
Exchange ('London listing').  This action is being taken due to the small
trading volume of Thales shares on the London Stock Exchange.

This decision will not require any specific action by United Kingdom
shareholders. After cancellation of the London listing, the vast majority of
share trading in Thales shares will continue to take place on Euronext Paris.

It is anticipated that the London listing will be withdrawn with effect from the
close of business on Friday 25 July 2003.


Enquiries:

Sylvie Lucot, Thales             Tel: 00 33 1 53 77 88 34


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

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