BOLTON HUGH

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PS: Planned sale, O: Option / Other

Notification date	Transaction date	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value	Details
2004-05-20	2004-05-18	Bae Systems Modern Technologies Inc (MTCT)	S Sale	2,626 -100.0% 25.65 USD 67,357	2,626 -100.0%	25.65	USD 67,357
2004-05-20	2004-05-18	Bae Systems Modern Technologies Inc (MTCT)	S Sale	1,381 -34.5% 25.63 USD 35,395	1,381 -34.5%	25.63	USD 35,395
2004-05-20	2004-05-18	Bae Systems Modern Technologies Inc (MTCT)	S Sale	300 -7.0% 25.63 USD 7,688	300 -7.0%	25.63	USD 7,688
2004-05-20	2004-05-18	Bae Systems Modern Technologies Inc (MTCT)	S Sale	300 -6.5% 25.62 USD 7,686	300 -6.5%	25.62	USD 7,686
2004-05-20	2004-05-18	Bae Systems Modern Technologies Inc (MTCT)	S Sale	100 -2.1% 25.61 USD 2,561	100 -2.1%	25.61	USD 2,561
2004-05-20	2004-05-18	Bae Systems Modern Technologies Inc (MTCT)	S Sale	200 -4.1% 25.59 USD 5,118	200 -4.1%	25.59	USD 5,118
2004-05-20	2004-05-18	Bae Systems Modern Technologies Inc (MTCT)	S Sale	200 -3.9% 25.49 USD 5,098	200 -3.9%	25.49	USD 5,098
2004-05-20	2004-05-18	Bae Systems Modern Technologies Inc (MTCT)	S Sale	100 -1.9% 25.48 USD 2,548	100 -1.9%	25.48	USD 2,548
2004-05-20	2004-05-18	Bae Systems Modern Technologies Inc (MTCT)	S Sale	792 -13.2% 25.44 USD 20,148	792 -13.2%	25.44	USD 20,148