LOS ANGELES, May 12 /PRNewswire-FirstCall/ -- Northrop Grumman Corporation (NYSE:NOC) will conduct its annual shareholders meeting on Wednesday, May 17, 2006. The meeting, which includes a presentation by Ronald D. Sugar, Northrop Grumman chairman, chief executive officer and president, will be webcast beginning at 10 a.m. PDT at http://www.northropgrumman.com/. An audio replay will be available for two weeks. During the presentation, the company will confirm financial guidance provided on April 25, 2006. Northrop Grumman Corporation is a global defense company headquartered in Los Angeles, Calif. Northrop Grumman provides technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding and space technology. With approximately 125,000 employees and operations in all 50 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers. Statements and assumptions made at the meeting may contain or be based on "forward-looking" information (that Northrop Grumman believes to be within the definition in the Private Securities Litigation Reform Act of 1995) and by their nature involve risks and uncertainties. For a statement of risk factors, please consult Northrop Grumman's filings with the Securities and Exchange Commission, including, without limitation, Northrop Grumman reports on Form 10-K and Form 10-Q. DATASOURCE: Northrop Grumman Corporation CONTACT: Media, Dan McClain, +1-310-201-3335, or Investors, Gaston Kent, +1-310-201-3423, both of Northrop Grumman Corporation Web site: http://www.northropgrumman.com/

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