March 22, 200422 yr GENERAL DYNAMICS OFFERS TO BUY ALL ALVIS SHARES 11 Mar 2004 Recommended cash offer for Alvis Plc by Morgan Stanley & Co. Limited for and on behalf of General Dynamics Holdings Limited (a wholly owned indirect subsidiary of General Dynamics Corporation) and (in the United States) by General Dynamics Holdings Limited The boards of General Dynamics Corporation (General Dynamics) and Alvis plc (Alvis or the Company) announce that they have agreed to the terms of a recommended cash offer for the entire issued and to be issued share capital of Alvis, to be made by Morgan Stanley & Co. Limited (Morgan Stanley) on behalf of General Dynamics Holdings Limited (General Dynamics Holdings) outside the United States, and by General Dynamics Holdings in the United States (the Offer). http://www.alvis.plc.uk/ BH addendum: ALVIS is the manufacturer of Challengers, GD is producing Abrams. AND WHO'S GONNA TO WIN IT NOW?
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