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Newport News Shipbuilding Board of Directors to Meet

Maritime Activity Reports, Inc.

October 5, 2001

Newport News Shipbuilding (NYSE: NNS) announced that its Board of Directors will meet today, October 5, to review the General Dynamics and Northrop Grumman offers in light of the increase in the Northrop Grumman stock price. The company anticipates making an additional announcement late Friday afternoon.

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