Press Release

The Board of Directors of Finmeccanica, meeting today to review the delegated powers and the granting of powers in accordance with the resolution of 4 May 2011, resolved to grant all powers relating to the management of the Company to the CEO, Giuseppe Orsi, and, having acknowledged the subsequent resignation of Pier Francesco Guarguaglini as Chairman, appointed Giuseppe Orsi as Chairman and CEO.

The Board of Directors appointed by cooptation the COO Alessandro Pansa as a Board member, while confirming his powers and responsibilities already granted as COO.

The entire Board of Directors expresses its sincere thanks to Pier Francesco Guarguaglini for the high level of professionalism and commitment he has shown as Chairman and CEO from 2002 to 2011, which have enabled the Group to grow and strengthen its position on world markets.

Rome 01/12/2011