Notice of AGM

Embargoed until 0700 29 April 2016

Ultra Electronics Holdings plc

("Ultra" or "the Group")

Annual General Meeting notification

Ultra, the international defence, security, transport and energy company, today holds its Annual General Meeting at 10.00 a.m.

For the period 1 January 2016 to 28 April 2016, conditions in Ultra's markets have remained as noted on 29 February 2016 in the 2015 preliminary results announcement. Expectations for the full year remain unchanged. As anticipated, order intake for Q1 has been strong, resulting in an increase in the Group's Order Book from £753.8m at the start of the year to £833.5m at 1 April 2016.

Ultra will provide an update on trading in a pre-close statement, which will be released at the end of June 2016.

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Enquiries:

Rakesh Sharma, Chief Executive 020 8813 4307

Ami Sharma, Interim Group Finance Director

Susan McErlain, Corporate Affairs Director 07836 522 722

James White, MHP Communications 020 3128 8756

www.ultra-electronics.com

Further information about Ultra:

Ultra Electronics is an internationally successful defence, security, transport and energy company with a long, consistent track record of development and growth. The Group manages a portfolio of specialist capabilities generating innovative solutions to customer needs. Ultra applies electronic and software technologies in demanding and critical environments ranging from military applications, through safety-critical devices in aircraft, to nuclear controls and sensor measurement. These capabilities have seen the Group's highly differentiated products contributing to a large number of platforms and programmes.

Ultra has world-leading positions in many of its specialist capabilities and, as an independent, non-threatening partner, is able to support all of the main prime contractors in its sectors. As a result of such positioning, Ultra's systems, equipment or services are often mission or safety-critical to the successful operation of the platform to which they contribute. In turn, this mission-criticality secures Ultra's positions for the long term which underpins the superior financial performance of the Group.

Ultra offers support to its customers through the design, delivery and support phases of a programme. Ultra businesses have a high degree of operational autonomy where the local management teams are empowered to devise and implement competitive strategies that reflect their expertise in their specific niches. The Group has a small head office and executive team that provide to the individual businesses the same agile, responsive support that they provide to customers as well as formulating Ultra's overarching, corporate strategy

Across the Group's three divisions, Ultra operates in the following eight market segments:

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