EADS North America Creates Scholarship Programs in Mississippi, Florida and South Carolina.

ARLINGTON, Va. -- EADS North America has established university engineering scholarships in three states - Mississippi, Florida and South Carolina - that were finalists during the company's industrial site competition for the multi-role tanker production and assembly facility.

EADS North

America presented $100,000 to each of the state Governors to establish five-year scholarship programs at Mississippi State University and the University of Mississippi; the University of Central Florida and University of Florida; and South Carolina's Clemson University, The Citadel, and the University of South Carolina.

These scholarships will be awarded to deserving students who are pursuing degrees in aerospace engineering and related fields. In addition, scholarship recipients will be encouraged to apply for internships at Airbus North America's newest U.S. engineering center - which is being built at the Mobile, Alabama location that was ultimately chosen for EADS North America's military tanker industrial facility. The Mobile Engineering Center is scheduled to open in early 2007.

"During our site selection process, we were impressed with the dedication and educational excellence of students in Florida, Mississippi and South Carolina, and we made a commitment to build lasting partnerships with these states and their local communities," explained Ralph D. Crosby, Jr., EADS North America's Chairman and CEO. "The scholarship contributions are a fulfillment of our promise and part of our company's commitment to creating a new center of aerospace excellence in the Southeastern United States."

EADS North America held a five-month nationwide selection process in 2005 to choose the industrial site where the company would assemble large commercial aircraft to be militarized as the Northrop Grumman KC-30 Tanker. EADS North America is a teammate and principal subcontractor to Northrop Grumman, which is offering KC-30 advanced tankers for the United States Air Force's next-generation aerial refueling aircraft.

A U.S. Air Force selection of the KC-30 would result in the Northrop Grumman-led industrial team creating a large facility at Mobile, Alabama's Brookley Field, where the aircraft would be assembled, outfitted and delivered to the military customer.

About EADS North America (www.eadsnorthamerica.com)

EADS North America is the North American operations of EADS, the second largest aerospace and defense company in the world. As a leader in all sectors of defense and homeland security, EADS North America and its parent company, EADS, contribute over $8.5 billion to the U.S. economy annually and support more than 174,000 American jobs through its network of suppliers and services. With 11 operating companies located in 32 cities and 17 states, EADS North America offers a broad array of advanced solutions to its customers in the commercial, homeland security, aerospace and defense markets.