Defence Industry

EADS Confirms Exclusive Discussions
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Issue Net Edition | Date : 25 Mar , 2011

In light of recent statements in the press, EADS (EUR:EAD) confirms that it has entered into an exclusivity agreement with Vector Aerospace Corporation (TSX:RNO).

Any transaction is subject to the finalization of due diligence and negotiations with respect to definitive transaction documentation and other customary conditions. There is no assurance that the negotiations will result in a binding offer being made for the shares of Vector Aerospace Corporation.

EADS intends to make no further announcements or comments unless the circumstances so warrant.

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