SEATTLE, April 30, 1996 - The Boeing Company has announced a dividend reinvestment and stock purchase plan for its shareholders.

Owners of at least 50 shares of Boeing stock who enroll in the plan can have their dividends automatically invested in additional shares of Boeing stock.

In addition, all shareholders, whether or not they own 50 shares, can enroll in the stock purchase part of the plan. They can send in a minimum of $100 for each purchase and a maximum of $100,000 per year. Purchases can be made twice each month.

The cost to the participant for each dividend reinvestment or cash purchase is $1.00 plus a proportionate share of the brokerage commission, which is expected to be approximately $.05 per share.

Boeing will send shareholders complete information on the plan and enrollment forms with their second quarter dividend, which is payable on June 7. Dividend reinvestment is expected to begin with the third quarter of 1996.

The plan will be administered by Bank of Boston, the Boeing transfer agent. Bank of Boston will purchase shares on the open market for participants in the plan. Boeing will not issue additional shares for the plan.