LOS ANGELES, Sept. 17, 2003 -- Northrop Grumman Corporation (NYSE:NOC) today announced it has amended its shareholder rights plan. As a result, the rights plan will expire at midnight Dec. 31, 2003.

Northrop Grumman Corporation is a $25 billion global defense company, headquartered in Los Angeles, Calif. Northrop Grumman provides technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding and space technology. With approximately 120,000 employees and operations in all 50 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.

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