Elbit Systems — Governance Information 2004

Dec 7, 2004

2000

RESTATED MEMORANDUM OF ASSOCIATION

OF

ELBIT SYSTEMS LTD.

1. Name of Company:

Elbit Systems Ltd.

1. Objectives of Company:

To engage in any objective permitted by law.

1. Limitation of Shareholder Shareholder liability is limited to payment of the Liability: nominal (par) value of unpaid issued share capital.

2. Share Capital:

The share capital of the Company is 80,000,000 New Israeli Shekels ("NIS"), divided into 80,000,000 ordinary shares par value 1 NIS per share, which shares are equal in rights.

1. Amendments to the

The shareholders, at a General Meeting, may amend this Memorandum of Association:, in whole or in part, by a vote of a majority of sixtyseven percent (67%) of the shares voted at the General Meeting, not taking into account abstentions.

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