L-3 Initiates Partial Redemption of its Outstanding 6⅜% Senior Subordinated Notes Due in 2015

L-3 Communications Holdings, Inc.

announced today that L-3 Communications Corporation, its wholly owned subsidiary, has initiated a redemption of $500,000,000 aggregate principal amount of its 6⅜% Senior Subordinated Notes due in 2015. Following the partial redemption of the Notes, $500,000,000 aggregate principal amount of the Notes will remain outstanding.