November 17, 2006 - Cheltenham, UK – SMITHS Aerospace, part of the global technology business Smiths Group, today welcomes Mervyn King, Governor of the Bank of England, to its facility in Bishops Cleeve, Cheltenham.

The visit will include an overview of Smiths Aerospace advanced technology and a tour of the facility. Discussions will include the significance of retaining and expanding research and development and technology centres in the United Kingdom, economic pressures and the challenges of maintaining global competitiveness.

“We are delighted to have the Governor visit a Smiths Aerospace facility,” said Michael Jones, Vice President & General Manager, Smiths Aerospace. “Growth in technology and engineering talent in the United Kingdom is a key part of competing in the global marketplace.” In addition to being the Governor of the Bank of England, Mervyn King is also Chairman of the Monetary Policy Committee. He has previously worked as Deputy Governor, Chief Economist and Executive Director of the Bank.

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Smiths Aerospace Smiths Aerospace is a leading transatlantic aerospace systems and equipment business, with more than 11,000 employees and $2 billion revenues globally. The business holds key positions in the supply chains of all major military and civil aircraft and engine manufacturers and is a world-leader in digital, electrical power, mechanical systems, engine components and Systems Customer Services. For further information visit www.geaviationsystems.com Smiths Group Smiths is a global technology business, listed on the London Stock Exchange. Smiths Group is a world leader in the practical application of advanced technologies. Our products and services make the world safer, healthier and more productive. Smiths Group has four divisions: Aerospace, Detection, Medical and Specialty. It employs 32,000 people and has over 250 major facilities in 50 countries. For more information visit www.smiths-group.com

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