Re Contract

Smiths Group PLC 16 June 2004 Smiths Group plc 765 Finchley Road London NW11 8DS T:+44(0)20 8457 8403 F:+44(0)20 8458 0680 www.smiths-group.com News Release London, 16/06/04 For immediate release Smiths wins Boeing 7E7 Landing Gear Actuation and High Lift Systems Smiths Aerospace, a division of Smiths Group plc, has been selected by The Boeing Company to supply the landing gear and high lift actuation systems for the 7E7 aircraft in total contract values in excess of $1.6 billion. The first system delivery from Smiths is scheduled for the fourth quarter of 2006. The 7E7 entry into service is scheduled for 2008. Commenting on the selections, chief executive of Smiths Group, Keith Butler-Wheelhouse said, 'This news reflects Smiths long-term commitment to investment in research and development and reconfirms our tier one supplier status with Boeing. In addition, Smiths will also supply the common core system on the 7E7 and the enhanced airborne flight recorder. The revenue on these contracts is expected to approach $3 billion for Smiths over the lifetime of the aircraft.' Dr. John Ferrie, group managing director, Smiths Aerospace added, 'This programme, with its integration of mechanical engineering and electronic control systems, is a prime example of our ability to deliver best value to our customers. We are committed to a long and successful relationship with Boeing as a first tier supplier on the 7E7 and other programmes.' 'We're making great progress bringing our team together,' said Boeing 7E7 Senior Vice President Mike Bair. 'The selection process has been very robust, making us confident that we're selecting the companies that will help us deliver an outstanding product to our customers.' Smiths Aerospace is the leading transatlantic aerospace equipment company, with more than 9,000 staff and $1.6 billion revenues split between Europe and North America. Smiths Aerospace, a part of Smiths Group plc, holds key positions in the supply chains of all major military and civil aircraft and engine manufacturers and are world-leaders in electronic and mechanical systems, precision components and customer services. www.smiths-aerospace.com Smiths Group designs and manufactures safety critical systems and products, and has market leading positions in aerospace systems, detection systems, medical devices, mechanical seals, and interconnect products. For further information, visit www.smiths-group.com Notes to editors About the landing gear systems Smiths is responsible for the design, development, certification and manufacturing of a fully integrated system which will control the deployment and retraction of the aircraft landing gears, including the nose landing gear steering and the brake control and monitoring systems. In addition to the normal package of mechanical hardware, Smiths will also provide the flight deck interfaces and local control electronics and a comprehensive customer services package from entry into service. This programme brings together Smiths skills in systems integration and programme management, hydraulic actuation, electronics and software control. The programme will be led from the Company's facility in Washington State, with work also being carried out in Smiths facilities in Cheltenham, UK and Michigan. The 7E7 integrated landing gear systems (LGS) consists of three systems which are: Main and nose gear actuation systems that will enable the deployment and retraction of the aircraft landing gears, Nose gear steering system that will enable steering of the airplane on the ground, Brake control and monitoring system. This programme will utilise state of the art technologies and an expanded scope demonstrating Smiths investment in new technology and applying existing technology in new areas. About the High lift actuation system The high lift actuation system comprises all of the elements required to power, actuate and monitor the flap and slat system. Smiths is responsible for the design, development, certification and manufacture of the full system and will also provide a comprehensive customer services package from entry into service. This programme brings together Smiths skills in systems integration and programme management, mechanical actuation and electronics. The programme will be led from the Company's facility in Wolverhampton, UK. The 7E7 high lift actuation system consists of leading and trailing edge actuation including: • Power drive units for the generation power for the transmission system • Transmission system including angle gearboxes to enable routing of transmission through the aircraft wings and fuselage • Rotary actuation and safety critical braking devices • Monitoring and skew detection equipment In addition to certification responsibility of the system, Smiths will provide full interface and certification support at the aircraft level. - ends - Contact Smiths Group Smiths Aerospace Bernard Carey Jennifer Villarreal Tel: +44 (0)20 8457 8403 Tel: +1 616 241 8643 Caroline Harris Heather Cox Tel: +44 (0)20 8457 8306 Tel: +44 (0)20 8457 8336 Investor Relations Russell Plumley Tel: +44 (0)20 8457 8203 This information is provided by RNS The company news service from the London Stock Exchange
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