Completion of Divestment of Cobham Analytics

16 November 2011

Cobham COMPLETES DIVESTMENT OF ANALYTIC SOLUTIONS BUSINESS FOR US$350M

Further to the announcement of 19 October 2011, Cobham has completed the divestment of its Analytic Solutions business for US$350m in cash on a debt and cash free basis.

In the six months ended 30 June 2011, the business recorded revenue of US$144.3m, EBITDA of US$14.9m and operating profit of US$13.8m. The Group estimates that after costs it has generated a gain on sale including goodwill and other intangibles of approximately US$20m.

- Ends -

ENQUIRIES

Cobham plc

Andy Stevens, Chief Executive Officer +44 (0)1202 882020

Warren Tucker, Chief Financial Officer +44 (0)1202 882020

Julian Wais, Director of Investor Relations +44 (0)1202 857998

Brunswick

Nick Claydon/Mike Harrison +44 (0)20 7404 5959

NOTES

1. Cobham specialises in meeting the insatiable demand for data, connectivity and bandwidth in defence, security and commercial environments. Offering a technically diverse and innovative range of technologies and services, the Group protects lives and livelihoods, responding to customer needs with agility that differentiates it. Employing 10,000 people on five continents, the Group has customers and partners in over 100 countries. The most important thing we build is trust.

2. Cobham's exclusive financial advisor on the transaction was Stone Key Partners LLC and its legal advisor was Hogan Lovells US LLP.