EADS would like to make the following clarifications about the sale of EADS shares and the exercise of options by Executive Committee members having received them under an allocation programme.
The insider trading rules of EADS, which comply with trading regulations applicable in the Netherlands, France, Germany and Spain, stipulate that such directors may only exercise their stock options within certain specific periods (4 opening periods of 3 weeks each year) and provided they do not have any privileged information and subject to prior approval by the EADS Compliance Officer (authority appointed by the Company’s Board of Directors to guarantee strict compliance with these rules on its behalf).
Such a period was opened from March 8 to 28, 2006. Six directors duly exercised their options during this period following the process described above.