Status Report

Employee Memo: Northrop Grumman Provides Assistance to Victims of Hurricane Katrina

By SpaceRef Editor
September 1, 2005
Filed under , ,

August 31, 2005

MFCC 05-13

Northrop Grumman Provides Assistance to Victims of Hurricane Katrina

To My Colleagues:

In response to the mounting damages caused by Hurricane Katrina, I am pleased to announce that Northrop Grumman will contribute an initial $2 million for relief assistance. This contribution is based on the current needs assessment. It will support the company’s Gulf Coast employees through a relief fund established specifically for this purpose, and will support their local communities with a contribution to the American Red Cross.

Direct assistance to employees impacted by Hurricane Katrina will be provided through the new Northrop Grumman Employee Disaster Relief Fund, established by The Northrop Grumman Foundation. Affected employees may apply for funds by calling the following toll free telephone number: 1-888-642-5645.

Many of you asked how you can help your Gulf Coast colleagues. I am pleased to announce that a matching gift program has been established for those wishing to contribute to the Disaster Relief Fund. The company will match employee donations dollar for dollar. Accompanying this announcement is a Q&A document explaining how you can contribute.

In addition to immediate monetary assistance, resources are being tapped across the company to help our employees and operations. We are working to deliver food and necessary supplies, vehicles, temporary office trailers, generators, compressors and other equipment. Company aircraft have been pressed into service. Satellite telephones have been sent to the area to address the communications problems, and personnel issues such as payroll distribution are being addressed. We will continue to do everything in our power to ensure the comfort and well-being of our employees and hasten the resumption of business.

For updated information about the status of facilities and work schedules in the impacted area, employees should continue to call the Northrop Grumman Corporate Information Line: 1-800-995-4318. Employees also are encouraged to seek assistance through their local Human Resources organization wherever possible.

Northrop Grumman also sponsors an Employee Assistance Program to help with crisis and trauma counseling. For information about this please call: 1-800-982-8161.

Communication to the impacted area continues to be an issue. However, we are working to establish channels that will enable us to better understand the status of employees. We will keep you informed of developments as they are confirmed. Our prayers and concerns continue to go out to everyone impacted by this devastating natural disaster.

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Ronald D. Sugar

Chairman, CEO and President

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August 31, 2005

Q&A: Northrop Grumman Employee Disaster Relief Fund

What is the Northrop Grumman Employee Disaster Relief Fund?

It is a specific fund within The Northrop Grumman Foundation that will be used to assist employees affected by events such as Hurricane Katrina.

Who will manage the fund and make distributions?

The fund will be managed by the Foundation staff and will include a procedure for application, review and distribution of funds. A review committee will conduct the process with representation from the corporate office and each Northrop Grumman sector. All distributions will be made according to IRS guidelines and will maintain the privacy of recipients.

Can employees contribute to the Employee Disaster Relief Fund to help their coworkers?

Yes, and the Foundation will match employee contributions dollar for dollar up to a maximum of $500,000 in the aggregate.

How can I contribute?

An employee’s tax deductible contribution to the Disaster Relief Fund should be in the form of a check or money order made payable to: The Northrop Grumman Foundation – FBO Northrop Grumman Employee Disaster Relief Fund

Please mail your contribution to:

The Northrop Grumman Foundation FBO Northrop Grumman Employee Disaster Relief Fund Northrop Grumman Corporation 1840 Century Park East Los Angeles, CA 90067

For employees wishing to contribute online–the Foundation is developing a web-based application that will be available for use September 9, 2005. We will announce the link as soon as it is available.

Will I be able to designate my gift to an individual?

No.

Who is eligible to receive funds?

Eligible for relief funds are full-time and part-time (20 hours per week) active employees who have been with the company at least one year.

Where should employees call to apply for funds?

Call the Community Relations Info Line at 1-888-642-5645 or send an e-mail to ngcommunityrelations@ngc.com.

What type of funding is available?

Funding will be based on need, and will be used to provide shelter, food, transportation and clothing.

Will I be able to receive a match for contributions made to nonprofit organizations providing relief efforts?

No, the Employee Disaster Relief Fund is the only company-sponsored fund approved to receive a matching gift for Hurricane Katrina relief.

If I contribute to the Disaster Relief Fund, will it impact my eligibility to contribute to the Foundation’s Employee Matching Gift for Education program?

No, the funds are separate. An employee’s contributions to both will be matched in accordance with the Foundation’s guidelines.

Where can I call with questions regarding the Foundation’s matching gift programs?

Employees may call the Foundation’s toll free number, 1-888-478-5478.

SpaceRef staff editor.