ADVISORY/Boeing to Announce First-of-a-Kind Transatlantic Agreements with European Aerospace Companies.

Business Editors & Aerospace Writers

ADVISORY...for Tuesday (July 23)

--(BUSINESS WIRE)

The Boeing Co.

WHAT:   The Boeing Co. and leading European aerospace companies will
        make an announcement regarding cooperative agreements that
        will impact the transatlantic defense industry. Brief
        presentations will be followed by a question-and-answer
        session for the press.

WHO:    Jim Albaugh, CEO, Integrated Defense Systems,
        The Boeing Co.
            &
        Phil Condit, Chairman and CEO, The Boeing Co.

WHEN:   Tuesday, July 23, 2002
        3 p.m. - 3:30 p.m.

        Note: Two press briefings will be conducted, one directly
        following the other.

WHERE:  Farnborough Air Show
        SBAC Press Center
        Conference Room C