Finmeccanica Statement on AgustaWestland Contracts for Italian Law Enforcement Agencies

With respect to the news released yesterday about the legal proceedings launched by the European Commission regarding helicopters produced by AgustaWestland (a Finmeccanica company) and purchased by Italian law enforcement agencies, Finmeccanica would like to clarify that it has received no official communication in this regard.>> Giuseppe Orsi, CEO of AgustaWestland, said that in any event, the orders in question relate to revenues that account for only a fraction of the companys total sales. If the agreements are terminated, AgustaWestland will have the right to receive the revenues not only for the helicopters already delivered, but those for helicopters currently being manufactured. Leaving aside any other consideration, the revenues lost would represent only a tiny part of the total value of existing contracts, and would have no effect on our budget and business plan.>> Giuseppe Orsi also highlighted that there are several similar situations on the European market.>> -ends->