Holding(s) in Company

BAE SYSTEMS PLC
21 September 2005



                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


BAE SYSTEMS plc



2. Name of shareholder having a major interest


BRANDES INVESTMENT PARTNERS, L.P.



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


NOT DISCLOSED OTHER THAN THAT THE REGISTERED HOLDERS ARE APPROXIMATELY 385 CUSTODIAN BANKS




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 16 SEPTEMBER 2005






11. Date company informed


21 SEPTEMBER 2005



12. Total holding following this notification


56,196,863 ORDINARY SHARES



11,872,497 AMERICAN DESPOSITARY RECEIPTS (representing 47,489,988 underlying ordinary shares)



13. Total percentage holding of issued class following this notification


3.2%



14. Any additional information


Notification received under s198 CA85



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


Ann-Louise Holding, Assistant Company Secretary    (01252 373232)



16.  Date of notification


21 SEPTEMBER 2005




                      This information is provided by RNS
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