BOEING AND ITS EMPLOYEES CONTRIBUTE TO EARTHQUAKE RELIEF EFFORTS IN INDIA AND EL SALVADOR

Boeing contribution is $251,600; employees' gift is $154,000

With Seattle's recent earthquake, Boeing employees still haven't forgotten the hardship experienced by people in India and El Salvador due to their respective and damaging earthquakes in January. The Boeing Company announced today that it and Boeing employees contributed more than $300,000 to relief organizations in India in response to the Jan. 26 earthquake and more than $69,000 to El Salvador in response to the Jan. 13 earthquake.

"Our employees' generosity reached around the globe with employees from our U.S. and international locations contributing to relief efforts for El Salvador and India," said John Warner, senior vice president and chief administrative officer of The Boeing Company. "We know these contributions will make a world of difference for those hurt by the earthquakes."

In response to employee concern, the Boeing Employees Community Fund set up accounts for employees to send in their personal donations. They were given the opportunity to select which relief organizations should receive the contributions. For El Salvador, Boeing employees contributed more than $22,800 to the American Red Cross International Relief Fund and $12,000 to UNICEF. The company matched the donations, bringing the total to more than $69,000.

For India, employees donated about $72,500 to the American Red Cross International Relief Fund, $26,800 to CARE and $20,200 to United Way International. With the company matching dollars, the grand total was $237,000. Boeing contributed an additional $50,000 to the American Red Cross and $50,000 to CARE.

The Employees Community Fund is the world's largest employee-owned charitable organization. It is locally managed and controlled at Boeing sites, where employees elect board members and determine how local contributions will be distributed. In 2001, employees contributed $36.1 million through the Fund.

Boeing is the world's largest aerospace company and the United State's leading exporter. With customers in 45 countries and operations in 26 U.S. states, the company is the world's largest manufacturer of commercial jetliners and military aircraft, as well as the United States' largest NASA contractor.