Response to Recent Shareholding Structure Reshuffling Press Reports
(Source: EADS; issued Dec. 3, 2012)
LEIDEN, Netherlands --- Further to recent press reports and speculation, EADS NV confirms that key shareholders are discussing potential changes in the company shareholding structure and corporate governance.

The company is participating actively in such discussions, as appropriate, with the support of its Board of Directors, with the objective to preserve and enhance, where appropriate, the interests of all stakeholders, including shareholders, clients and employees.

The currently discussed potential changes are likely to require the approval of EADS NV shareholders and there can be no certainty that these discussions will be conclusive.

A further announcement will be made as appropriate.

EADS is a global leader in aerospace, defence and related services. In 2011, the Group – comprising Airbus, Astrium, Cassidian and Eurocopter – generated revenues of € 49.1 billion and employed a workforce of over 133,000. (ends)

Analysis: EADS Revamp Brings Government Out Of Industry's Shadow (excerpt)
(Source: Reuters; published Dec. 2, 2012)
PARIS --- An imminent shake-up of EADS is expected to lead to a rise in state shareholdings in Europe's largest aerospace group, but in reality merely changes the rules for what is already a wary co-habitation.

Officials were putting finishing touches on Sunday to a deal to bring Germany on board with 12 percent of the maker of Airbus jets and Ariane rockets, at parity with France.

The move paves the way for an exit by founder companies Daimler, the German carmaker, and French media firm Lagardere, increasingly viewed as state proxies.

Germany has not been a shareholder until now while France previously allowed itself to be represented by Lagardere. Spain will continue to hold up to 5.5 percent, leaving combined government shareholdings close to 30 percent and a larger float.

It is not the pure-market solution EADS Chief Executive Tom Enders, a critic of state interference, might have wanted. But experts say it will clear the air by getting rid of a complex shareholder pact between France, Lagardere and Daimler in which it was not always easy to see who pulled the strings.

For critics of state involvement, an example of the risks now facing EADS unfolded even as the details were being worked out. The French government struck a deal for investment in a steel plant after publicly threatening its nationalization. (end of excerpt)

Click here for the full story, on the Reuters website.


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