Disposal

BAE SYSTEMS PLC
30 March 2007

              BAE Systems completes sale of 25% interest in SELEX


                                                                   30 March 2007


Further to the announcement on 29 April 2005 regarding completion of the
Eurosystems transaction with Finmeccanica, the sale of BAE Systems' 25% interest
in SELEX Sensor and Airborne Systems SpA has now taken place, following the
exercise by Finmeccanica of its call option. The consideration for the sale of
this interest, payable in cash, is estimated to be £280 million, including BAE
Systems' entitlement to profits up to the date of disposal, which are subject to
confirmation.


Issued by:
BAE Systems plc
London



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