Revision AU Europe's Interlocking Corporate Structures-Revision AU 3 February 2003

32.32% / Golden Share DaimlerChrysler SOGEPA French Government Alcatel-Alstom S.A. 51% Norwegian 30% Pacte D'Actionnaires 73.2% Finnish Govt BAE SYSTEMS plc Ministry Economy & Financing 54% 46% Government 66% Stk 15% 50% Alstom S.A. Patria Industries Oyj Kongsberg 50% Sika Intl (w/ LM) Finmeccanica S.p.A Market 100% Motoren und Gruppen ASA Turbinen-Union GmbH 17% 4.3% Dassault 100% Patria Finavitec Oy 100% WASS (Whitehead) SpA Lagardere SCA 100% Chantiers 2.5% Lagardere SCA Stock Stock Industries S.A. de L'Atlantique 33% Viking Submarine Corp. AB 33% MTU Turbomeca Market Market 100% Patria Vehicles Oy 50% Team Lancer (w/ 50% Westland, Ltd. Rolls-Royce (MTR) GmbH 51% Alcatel Space S.A. 50.3% Norwegian Alvis; Raytheon;UDLP) 15% 11% 50% Patria–Hagglunds Oy 32% NH Industries Government 33% Eurojet Turbo GmbH 51% Thales 40% Tanker Transport 45.76% 27% Nammo AS 45% Bell Agusta A/C Ltd. 12% Intl Aero Engines AG 49.9% Dassault Systems Belgium NV Raufoss Technology A/S Support Co. Ltd. 35% Aviation S.A. 50% ATIL (w/ ) European Aeronautic 6% 34% 9.7% 40% NEXPLO Indust. AB 45% Nammo A/S 50% Flagship, Ltd. (w/ VT) Stock 100% S.p.A Defence and Space (EADS) BV 50% European 46% Stock 50% Aerosystems Intl Market Aerosystems Ltd Thales S.A. Market 36% Investor 20% Eurofighter GmbH 42.5% Eurofighter GmbH AB LM Float Group BAES 100% Royal Ordnance 45.76% Dassault 100% Sogitec Industrie 99% BV 29% 35% Aviation S.A. 50% CTA Intl 10% Panavia GmbH 47.5% Panavia GmbH 100% Dassault 100% Thales Comms Ltd. 100% Ericsson Saab AB 100% Eurocopter S.A. International Inc S.A. (Other 50% Giat) 50% ATR GIE 50% ATR GIE 100% Ltd. Microwave Systems AB 33% RGR Armament 62.5% NH Industries 100% Dassault 100%100% SaabSaab 100% Officine Aeronavali S.p.A 50% Europatrol A/C GmbH Falcon Jet S.A. 100% Thales Air Dfnce Ltd. 40% Saab Ericsson GmbH Space AB 50% Gripen Int'l AB 94% S.p.A 50% Thomson-DASA 100% EC Tiger GmbH 99.62% Dassault 100% Thales Defence Ltd. >50% Paradigm Secure 100% Saab Bofors 50% LMATTS (w/LM) Armement S.A. International S.A. Ltd. 21% CHOC GAMEC 100% Thales Diehl GmbH Dynamics AB 80% Integrtd Co. S.A. 47% SEPECAT S.A. (TME) Ltd. >50% Paradigm Svces Ltd. 50% Europatrol A/C GmbH 33% Taurus GmbH 5.67% S.A. 25% EUROMIDS S.A.S 67% Elettronica S.p.A 56% Airbus Co. 100% Sogerma 80% Bodenseewerk 50% AMS BV Geratetchnk GmbH (BGT) 100% Saab Avionics AB 50% AMS BV 100% TDW GmbH 81% EADS Aeroframe 52.9% SABCA NV 50% TRS (Irlnd) w/Raythn 100% Combat and Services (with NG) 100% Saab Systems Pty. 57.5% Dornier GmbH 50% "Florako" w/Raytheon 25% RAMSYS GmbH Systems Ltd. 100% Combat and French Govt Radar Systems Ltd. 100% S.A. 97.2% 20% Fairchild Dornier 50% Armaris S.A. (w/ DCN) 25% RAMSYS GmbH 60% Saab Ericsson Space 49% STN Atlas Luftfahrt GmbH SNECMA Group Elektronik GmbH 100% Alenia Spazio S.p.A 50% CRISA 49% Alcatel Space S.A. 100% Eurobridge GmbH 100% AerotechTelub AB 47% EGA SA 100% Laben S.p.A <50% Paradigm Secure 100% SNECMA 100% Thales Training & Rheinmetall 100% Galileo Avionica S.p.A 19% LFK GmbH Communications Ltd. Simulation S.A. DeTec AG 100% Saab Barracuda AB 20% Airbus 50% CFM Intl (w/GE) Integrated Co. SAS 92% FIAR S.p.A 2.5% Lagardere SCA <50% Paradigm Svces Ltd. 100% Thales Avionique S.A. 27.5% Nammo AS 100% Marconi Selenia 100% Messier–Dowty 51% STN Atlas GmbH 56% Airbus Military Co. 26% Arianespace S.A. 30% Aviation Comm & Surve- Communications S.p.A. 100% Aerospatiale 2.9% Embraer S.A. illance Systems (w/ 70% L-3) 60% NEXPLO Indust. AB 50% European 100% Bayern Chemie GmbH Rockets & Launchers 100% Rheinmetall 25% EUROMIDS S.A.S Landsysteme GmbH Aerosystems Ltd. 100% EADS Dtschlnd GmbH 100% Thales 65% Czech Govt Embraer S.A. 100% Turbomeca S.A. Underwater Systems S.A. 100% BAES Australia 100% Oto Melara S.p.A (other 35% Boeing Ceska) 25% EUROMIDS S.A.S 50% RR Turbomeca Ltd. 100% Rheinmetall W&M GmbH 100% S.p.A 100% Hawker Pacific 50% Thomson-DASA 100% BAES No. America Ltd. 30% ESG GmbH Pty. Armament S.A. (TDA) Aero Vodochody 33% MTU Turbomeca 50% GIWS 25% MBDA Ltd. 50% Bayern Chemie GmbH 51% BAES Canada, Inc 100% Elbe Flugzgwrk GmbH 10% Ismize S.A. Rolls-Royce (MTR) GmbH 100% Spanish NICO Pyrotechnik GmbH 37.5% Eurofighter GmbH 100% MBDA-US Inc 20% BGT GmbH 49% Thales System Belgm NV Government 100% EADS N.America Ltd. 33% Eurojet Turbo 35% Saab AB 33% EUROMEADS 26.8% Patria Industries 100% Thales Missile 100% Oerlikon SEPI Giat Industries Electronics S.A. Contraves Defence AG 50% Gripen Intl AB 50% MEADS Int'l (w/LM) 37.5% MBDA Ltd. 50% UDS Intl (w/ 50% DCN) 100% Oerlikon 5.56% EADS BV 81% LFK and 42.5% Panavia GmbH GKN plc 50% CTA Int'l Aerospace Inc. (Canada) Air Defence Systems 100% MBDA-US Inc 30% ESG GmbH 100% Izar S.A. 30% Denel Pty., Ltd. 50% Agusta Westland, Ltd. 33% RGR Armnt GmbH 50% GLVS (w/LM) Thyssen/Krupp 33% EUROMEADS UKG £ 1 Golden Share 100% Thales Intn'l (JV's) 10% Inmize S.A. 37.5% MBDA Ltd. 50% RAMSYS GmbH 32% NH Industries 4.25% Indra, Sistemas S.A. Industrie AG 50% MEADS Int'l Rolls-Royce plc 13% Bazan S.A. 67% Taurus GmbH (Other 50% LM) 49% Indra Espacio, S.A. 100% MBDA-US Inc 45% Bell Agusta 86.6% Blohm and 100% Allison Engine Co. 50% Turbo 2000 S.A. 33% EUROMEADS 50% Aircraft Co. Ltd. 81% LFK Missiles and 33% Elettronica S.p.A Voss Werft GmbH Air Defence Systems 51% ITP S.A. 50% MEADS Int'l 66% 50% Aviation Training 50% Rolls-R Turbomeca Ltd. 33% Eurosam GIE 100% Thyssen Intl (Other 50% Boeing) 66% EUROPAAMS SAS 50% GLVS (PAC-3) Nordseewerke GmbH 81% LFK Missiles and 33% MTU Turbomeca 66% EUROPAAMS SAS Indra, S.A. (W/ ) Rolls-Royce (MTR) GmbH Air Defence Systems 100% EMDG 50% Aerosystems Intl Ltd. 50% Samsung Elect. Co., Ltd. Bank One Equity Limited 100% Indra EWS, S.A. 30% LFK GmbH 50% RAMSYS GmbH 12% Intl Aero Engs AG 50% GLVS (w/LM) 30% Alvis plc 93.7% Avimo Group, Ltd. 40% Inmize S.A. 67% Taurus GmbH 33% Eurojet Turbo GmbH 100% HDW GmbH 51% Indra ATM ,S.A. 50% RAMSYS GmbH 100% Orbital Sciences, Ltd. 100% Vickers Defence 50% Euromissile (Other 49% Raytheon) 50% Roxel (w/ SNPE) 46.9% ITP - 51% Hellenic Shipyards 67% Taurus GmbH Systems, Ltd. 51% B/E Aerospace, Ltd. 66% Eurosam GIE 51% Indra Espacio, S.A. S.p.A 13% Eurojet Turbo GmbH 100% Kockums AB 50% Euromissile 75% Vickers OMC 66% EUROPAAMS SAS 5.67% Embraer S.A. (Other 49% Thales) 66% Eurosam GIE 54% Eurojet Turbo GmbH 32% Intl Aero Engines AG 100% Alvis Hagglunds AB 100% EMDG 50% ADI Pty 33% Viking Submarine Corp. AB 40% Inmize S.A. 66% EUROPAAMS SAS Stork BV 71.1% Alvis Vehicles Ltd. 30% LFK GmbH 100% EMDG Belgium Canada Japan UK 25% EUROMIDS S.A.S (Includes GKN Defence) 40% Inmize S.A. 30% LFK GmbH 100% Fokker BV Spain Australia US 100% Alvis Moelv AS 20% BGT GmbH Norway Finland Singapore Swiss PRC Source: Martin Fisher (314) 233-5078 40% Inmize S.A. 5% NH Industries Email: [email protected] 50% Roxel (w/ SNPE) Denmark Brazil South Africa Czech Korea 50% Roxel (w/ SNPE) 42.8% SABCA NV 50% Patria–Hagglunds Oy GP30008001.cvs