MDA Expands Its Electronic Valuation Business

Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that its UK subsidiary Xit2 has signed an agreement with Lloyds TSB Offshore (Lloyds Hong Kong) to provide an electronic solution to assist Lloyds Hong Kong with international mortgage applications across time zones. By using Xit2's Valuation Exchange, valuations can be instructed and tracked unaffected by any time lag.

Paul Duckworth, Xit2's CEO said "Lloyds TSB Hong Kong provides investors with one of Asia's most successful and professional overseas mortgage services and we're delighted that they have chosen the Valuation Exchange to support their business. The Valuation Exchange streamlines the instruction process, and can halve the time taken to instruct the valuation. It's great to see how easily and effectively our solution can be adapted for foreign markets."

Richard Musty, Regional Chief Executive at Lloyds TSB, commented, "By utilizing Xit2's Valuation Exchange, we have a quick and efficient system that speeds up the entire instruction process. This delivers real processing benefits to all parties wherever in the world they reside. We took advice on the best technology available and selected Xit2 because it provided the most robust and reliable tools for our customers."

About MDA

MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.

Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of earth and space based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.

MDA employs more than 3,000 people in locations across the United States, the United Kingdom, and Canada. The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.

Related Websites:
www.mdacorporation.com
www.lloydstsb-asia.com

Forward-Looking Statement

This release contains forward-looking statements and information, which reflect the current view of MacDonald, Dettwiler and Associates Ltd. with respect to future events and financial performance. Any such forward-looking statements are subject to risks and uncertainties and MDA's actual results of operations could differ materially from historical results or current expectations. Additional information on these and other potential factors that could affect MDA's financial results are detailed in documents filed from time to time with the applicable Canadian securities regulatory authorities.

The Toronto Stock Exchange has neither approved nor disapproved the form or content of this release.