Sales PlanSales Plan • July 21st, 2004 • Nice Systems LTD /Adr/ • American depositary receipts
Sales Plan, dated June __, 2004 (the "Sales Plan"), between THALES S.A. of 45 rue de Villiers, 92526 Neuilly sur Seine cedex, France ("Seller") and J. P. Morgan Securities Inc. ("JPMSI"). The purpose of this Sales Plan is to achieve the investment objectives of broader diversification of investments, while reducing the risk of over concentration in a particular investment.
