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Wed, May 21, 2003

Upgraded: Yves Galland

To Lead Boeing France

Boeing has named Yves Galland to the new position of president of Boeing France. Galland, who combines an extensive career in public affairs with a strong business background, will be based in Paris at a new Boeing France headquarters to be established soon.

In his new role, Galland will help to identify and pursue new revenue-growth opportunities, lead the country strategy planning process, coordinate company activities in France and focus on strengthening local-market presence and profile.

"France is a strong aerospace market with many opportunities for mutual value creation," said Phil Condit, Boeing chairman and chief executive officer. "Our current relationship with our customers and suppliers is very good, but we believe we can take it to a new level. Yves will help us better understand the business environment in France. He also will help us identify areas for France and Boeing to work together in new areas of collaboration."

Galland joins Boeing from Europ Assistance, where he has been chairman since February 2000. He held several ministerial portfolios in the areas of decentralization, trade and industry between 1986 and 1997. His other major political assignments include vice president of the European Parliament, president of the Parti Radical, Advisor to the Mayor of Paris and Councilor of Paris.

A native of Paris, Galland graduated with a Law Degree from Paris University.

FMI: www.boeing.com

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