| Bond Guide Corporate Bonds | January 2005

Company Name
Boeing Co1

| Fixed Charge Coverage
--- | ---
Industry | 2003 | 2002 | 2001 | Year End
Aerospace - Major Contractor | 2.89 | 5.33 | 6.90 | December

Company Financials
Cash& Equiv. ($ Mil) | Curr. Assets ($ Mil) | Curr. Liabils. ($ Mil) | Balance Sheet Date | L/Term Debt ($ Mil) | Capitalization ($ Mil) | Total Debt % Capital
--- | --- | --- | --- | --- | --- | ---
4408 | 16484 | 21482 | 09-30-2004 | 11050 | 21912 | 56.5

| Bond Issue Statistics
--- | ---
Issue | Int. Dates | Exchange | S&P Debt Rating | Last Rtg. Chg. | Prior Rating
Deb 8.10s 2006 | mN15 |  | A | 5/2003 | A+
Deb 8 3/4s 2021 | fA15 |  | A | 5/2003 | A+
Deb2 7.95s 2024 | fA15 |  | A | 5/2003 | A+
Deb 7 1/4s 2025 | Jd15 |  | A | 5/2003 | A+
Deb 8 3/4s 2031 | mS15 |  | A | 5/2003 | A+
Deb 8 5/8s 2031 | Mn15 |  | A | 5/2003 | A+
Deb 6 5/8s 2038 | Fa15 |  | A | 5/2003 | A+
Deb3 7 1/2s 2042 | fA15 |  | A | 5/2003 | A+
Deb 7 7/8s 2043 | Ao15 |  | A | 5/2003 | A+
Deb 6 7/8s 2043 | aO15 |  | A | 5/2003 | A+
Nts 5 1/8s 2013 | Fa15 |  | A | 5/2003 | A+
Nts 6 1/8s 2033 | Fa15 |  | A | 5/2003 | A+

| Bond Issue Statistics
--- | ---
Issue | Bond Form | Amnt Out. ($ Mil) | Curr. Yld% | Yld. to matur.% | Eligibility for Bank Purchase
Deb 8.10s 2006 | Registered | 175 | 7.53 | 3.83 | Eligible
Deb 8 3/4s 2021 | Registered | 400 | 6.55 | 5.61 | Eligible
Deb2 7.95s 2024 | Registered | 300 | 6.15 | 5.49 | Eligible
Deb 7 1/4s 2025 | Registered | 250 | 6.02 | 5.57 | Eligible
Deb 8 3/4s 2031 | Registered | 250 | 6.24 | 5.78 | Eligible
Deb 8 5/8s 2031 | Registered | 175 | 6.22 | 5.78 | Eligible
Deb 6 5/8s 2038 | Book-Entry | 300 | 5.97 | 5.87 | Eligible
Deb3 7 1/2s 2042 | Registered | 100 | 6.13 | 6.00 | Eligible
Deb 7 7/8s 2043 | Registered | 175 | 6.18 | 6.03 | Eligible
Deb 6 7/8s 2043 | Registered | 125 | 6.11 | 6.03 | Eligible
Nts 5 1/8s 2013 | Book-Entry | 600 | 4.95 | 4.61 | Eligible
Nts 6 1/8s 2033 | Book-Entry | 400 | 5.64 | 5.52 | Eligible

| Bond Price | Redemption Provisions
--- | --- | ---
Issue | Price Range 2004 | Mo. End Prc. Sales(s) or Bid | _____ Regular ______
High | Low | Price | (begins)Thru
Deb 8.10s 2006 | 114.06 | 107.61 | 107.63 | NC |
Deb 8 3/4s 2021 | 135.28 | 123.10 | 133.63 | NC |
Deb2 7.95s 2024 | 129.94 | 119.30 | 129.37 | NC |
Deb 7 1/4s 2025 | 120.38 | 108.16 | 120.34 | NC |
Deb 8 3/4s 2031 | 140.17 | 125.35 | 140.14 | NC |
Deb 8 5/8s 2031 | 138.59 | 123.86 | 138.55 | NC |
Deb 6 5/8s 2038 | 111.77 | 98.59 | 110.96 | C1004 |
Deb3 7 1/2s 2042 | 122.66 | 108.74 | 122.28 | 100 | (8-15-2007)
Deb 7 7/8s 2043 | 128.40 | 113.40 | 127.43 | NC |
Deb 6 7/8s 2043 | 113.45 | 99.92 | 112.60 | NC |
Nts 5 1/8s 2013 | 104.84 | 96.76 | 103.44 | C1004 |
Nts 6 1/8s 2033 | 108.58 | 94.14 | 108.58 | C1004 |

| Redemption Provisions
--- | ---
Issue | _____ Sinking Fund _____ | Refund/Other Restrict.
Price | (begins)Thru | Price | (begins)Thru
Deb 8.10s 2006 |  |  |  |
Deb 8 3/4s 2021 |  |  |  |
Deb2 7.95s 2024 |  |  |  |
Deb 7 1/4s 2025 |  |  |  |
Deb 8 3/4s 2031 |  |  |  |
Deb 8 5/8s 2031 |  |  |  |
Deb 6 5/8s 2038 |  |  |  |
Deb3 7 1/2s 2042 |  |  |  |
Deb 7 7/8s 2043 |  |  |  |
Deb 6 7/8s 2043 |  |  |  |
Nts 5 1/8s 2013 |  |  |  |
Nts 6 1/8s 2033 |  |  |  |

| Underwriter
--- | ---
Issue | Firm | Year
Deb 8.10s 2006 | First Boston Corp., N.Y. (Now CS First Boston) | '91
Deb 8 3/4s 2021 | First Boston Corp., N.Y. (Now CS First Boston) | '91
Deb2 7.95s 2024 | First Boston Corp., N.Y. (Now CS First Boston) | '92
Deb 7 1/4s 2025 | First Boston Corp., N.Y. (Now CS First Boston) | '93
Deb 8 3/4s 2031 | First Boston Corp., N.Y. (Now CS First Boston) | '91
Deb 8 5/8s 2031 | First Boston Corp., N.Y. (Now CS First Boston) | '91
Deb 6 5/8s 2038 | Exch. | '98
Deb3 7 1/2s 2042 | Co. | '92
Deb 7 7/8s 2043 | Salomon Bros. Inc. (Now Salomon Smith Barney) | '93
Deb 6 7/8s 2043 | First Boston Corp., N.Y. (Now CS First Boston) | '93
Nts 5 1/8s 2013 | Credit Suisse First Boston, N.Y.(212) 325-2000 | 2003
Nts 6 1/8s 2033 | Credit Suisse First Boston, N.Y.(212) 325-2000 | 2003

Footnotes:

    1     See McDonnell Douglas.
    2     (HRO)At 100 on 8-15-12.
    3     (HRO)Fr 8-15-07 at 96.
    4     Red at greater of 100 or amt based on formula.
    C     Callable re specified conditions

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