Rule 8.3- BAE Systems PLC

RNS Number:2387B
State Street Global Advisors
07 April 2006


FORM 8.3
DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
(Rule 8.3 of the City Code on Takeovers & Mergers)

1. KEY INFORMATION

Name of Person              State Street
   Dealing (Note 1)           Global Advisors
Company Dealt In            BAE Systems PLC
Class of Relevant Security  Ord
   to Which the Dealings
   Being Disclosed
   Relate (Note 2)
Date of Dealing             06/04/2006


2. INTERESTS, SHORT POSITIONS & RIGHTS TO SUBSCRIBE



(a) Interests & Short Positions (following dealing) in
   the Class of Relevant Security Dealt In (Note 3)

Class of Relevant Security: Long                      Short
                            Number       %            Number       %
(1) Relevant Securities     95139784     2.96343
(2) Derivatives             316999       0.00987      0            0.00000
    other than options
(3) Options &
    Agreements to
    Purchase/Sell
Total                       95456783     2.97330      0            0.00000


(b) Interests & Short Positions in Relevant Securities of the Company
   (ex.Class Dealt In) (Note 3)


Class of Relevant Security: Long                      Short
                            Number       %            Number       %
(1) Relevant Securities
(2) Derivatives
    other than options
(3) Options &
    Agreements to
    Purchase/Sell
Total


(c) Rights to Subscribe (Note 3)

Class of Relevant Security: Details




3. DEALINGS (Note 4)

(a) Purchases & Sales

Purchase /                  Number of    Price
Sale                        Securities   per Unit

SELL                        8927         4.31
SELL                        200724       4.30
SELL                        21700        4.31
SELL                        84453        4.30
SELL                        60893        4.30
SELL                        37595        4.30
SELL                        12045        4.30
SELL                        12094        4.30
SELL                        30415        4.30
SELL                        33009        4.30
SELL                        170011       4.30
SELL                        103671       4.30
SELL                        49512        4.30


(b) Derivatives Transactions (other than options)

Product Name (e.g. CFD)     Long/Short   No./Securites   Price/Unit
                            (Note 6)     (Note 7)        (Note 5)



(c) Options Transactions in Respect of Existing Securities
   (i) Writing, Selling, Purchasing or Varying

Product Name                Write,Sell   No/Securities   Exercise  Type
(eg call option)            Purchasing,  Which the       Price     (e.g. USA,
                            Varying etc. Optn Relates              European etc)
                                         Relates-Note7



Expiry Date                 Option Money
                            Paid/Received
                            per Unit
                            (Note 5)



    (ii) Exercising

Product Name                Number of    Exercise
(eg call option)            Securities   Price per
                                         Unit (Note 5)



(d) Other Dealings (including new securities) (Note 4)

Nature of Transaction       Details      Price / Unit
(Note 8)                                 if applicable
                                         (Note 5)



4. OTHER INFORMATION

(a)Agreements, Arrangements or Understandings Relating to Options or Derivatives
Full details of any agreement, arrangement or understanding between the person
disclosing & any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which
any derivative referred to on this form is referenced.
If none, this should be stated.



Is a Supplemental Form 8 Attached? (Note 9)                            NO

Disclosure Date             07/04/2006
Contact Name                Cameron Grant
Telephone Number            020 7698 6223
If Connected EFM            N/A
   Name of Offeree/Offeror
   With Which Connected
If Connected EFM            N/A
   State Nature of
   Connection (Note 10)


Notes:
The Notes on Form 8.3 can be viewed on the
Takeover Panel's website at www.thetakeoverpanel.org.uk


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