Boeing 1998 Annual Meeting to be Held in St. Louis

The Boeing Company today announced that its 1998 annual meeting of stockholders will be held April 27 in St. Louis. This will mark the first time in the company's history that the event has been held outside Washington state's Puget Sound area.

"The decision to rotate our annual meeting among areas outside of Seattle recognizes the significant reach of the new Boeing Company," said Phil Condit, Boeing chairman and chief executive officer. In late 1996, Boeing acquired the assets of Rockwell's space and defense business, and in August 1997 it merged with McDonnell Douglas to form the world's largest aerospace company.

"With Boeing activities now in 27 states, and throughout the world, we plan to rotate the location of the annual meeting to areas of significant Boeing presence or business interest," Condit said. The company already is exploring sites away from the Puget Sound area for the 1999 meeting.

Boeing shareholders will be notified of the specific St. Louis meeting site in the company's annual proxy statement, scheduled to be mailed in March.

The Boeing Company is the world's largest manufacturer of commercial aircraft and military aircraft, and serves as NASA's largest contractor. The company employs more than 235,000 people worldwide. Its headquarters are located in Seattle, Wash.



For further information:
Sherry Nebel
(206) 655-6123