30 September 2003

A dedicated team within the workforce identified the regulatory requirements and environmental impacts relevant to the nature of the work carried out by the company. With the backing of senior management, Beagle's employees are committed to reducing and preventing pollution. Simultaneously, they are encouraged to seek ways to achieve continuous improvement in environmental performance.

Paul Haynes, the Environmental Management Representative for Beagle commented, "We anticipate environmental benefits and are committed to environmental protection and improvement of the business. Obtaining this standard has initiated a change within Beagle and our aim is to continue to improve and protect the environment."

About Beagle Aircraft:

Beagle Aircraft, a part of Smiths Aerospace, produces components to support out-of-life production and current military aircraft. Smiths Aerospace is the leading transatlantic aerospace equipment company, with its 12,000 staff and $2 billion revenues split equally between Europe and North America. The company holds key positions in the supply chains of all major military and civil aircraft and engine manufacturers and are world-leaders in electronic and mechanical systems, components and customer services.