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Sener Wins BAE Contract

Maritime Activity Reports, Inc.

January 25, 2008

Sener Ingeniería y Sistemas S.A closed a contract with UK-based BAE Systems PLC for the license to use the FORAN CAD/CAM System in its shipbuilding activities. According to the contract, FORAN can be implemented in any BAE Systems Group company, any member of the Aircraft Carrier Alliance as well as in any subcontractor of the above companies. FORAN is currently implemented at the following BAE Systems Group companies:

- BAE Systems Submarine Solutions, Barrow-in-Furness

- BAE Systems Surface Fleet Solutions Limited, Scotstoun, Glasgow As a first result of the contract, about 200 licences have been installed at both sites. These licenses are currently being used for developing the different stages of the CVF project as well as for internal training.

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