XM109 BRIEFING UPDATE MAY 11, 2004 PRESENTED BY BOB GATES VICE PRESIDENT BUSINESS DEVELOPMENT

1. XM109 BRIEFING UPDATE MAY 11, 2004 PRESENTED BY BOB GATES VICE PRESIDENT BUSINESS DEVELOPMENT BARRETT FIREARMS MANUFACTURING, INC

2. XM109 25MM PAYLOAD RIFLE Providing Light Fighters with AP lethality out to 2000 meters, the Barrett XM109 25MM Payload rifle allows soldiers to engage and mitigate enemy light armor cost effectively. Like the M107 .50 caliber LRSR the XM109 has accuracy, lethality and legendary Barrett reliability. The XM109 is destined to continue the Barrett contribution to the war fighting assets of the military arsenal.

3. CURRENT SITREP • The Barrett XM109 25mm Payload Rifle is a modification to the current issue Barrett M107, .50 caliber Long Range Sniper Rifle • High parts commonality • Most replacement parts are already in the logistic system • Same approximate weight of 33 pounds • 10 inches shorter at 46 inches • Capable of defeating most light armor and material targets out to 2000 meters

4. CURRENT SITREP • XM109 being refined under contract to reduce recoil and enhance performance • On track to field ten (10) prototype weapon systems August 2004 • Weapon system will include the Barrett Optical Ranging Sight system (BORS) • Ammunition will be available in both TP and AP

5. XM109 CAPABILITES • Provide the “Light Fighter” with light weight anti-armor and anti-material capability • Minimum re-training for armorer • Current tests indicate in excess of 1 ½ inch penetration of armor at 500 meters • Current tests indicate high accuracy • With Barrett Digital Ranging Optical Sight accuracy to engage vehicular targets out to 2000 meters

6. XM109 CAPABILITES • Breeching capabilities on fortified doors, windows and walls without exposing soldier to enemy fire • Future potential of ammunition development for riot and crowd control and less lethal applications ( rubber projectile, chemical agent, marking) • Soft mount available for watercraft, aircraft, and vehicles

7. XM109 CAPABILITIES • Will accept full range of other sighting systems (conventional scope, night vision, thermal, red dot) • System capable of quick modification(6 months) for OCSW air burst ammunition. On board computer of BORS has capability to provide targeting information. • XM109 with BORS could be in full rate production in 90 days from ARO pending limited safety release in August 2004.

8. XM109 CAPABILITES • Based on the recent proven M107 battlefield performance the Barrett operating system has been shown to be one of the most reliable weapons in the sand, mud, dirt and harsh field conditions experienced by our troops in Bosnia, Somalia, Afghanistan, and Iraq. The XM109 shares the user friendly features and battle field reliability of the M107.

9. SUMMARY XM109 • Quick availability • High performance and light weight • Easy logistics • Capable of wide variety of ammunition types • Simple training • Very cost effective • User friendly • Precise target engagement and mitigation of light armor.

10. XM109-25MM Payload Rifle • M1913 Optical Rail • Rear Grip • Monopod Socket • Detachable Bipod and Carry Handle • Rifle Length: 46 inches • Rifle Weight: 33.2 lbs. • Short Recoil Operation, Semi-Automatic • 5-round Detachable Box Magazine • Dual Chamber Detachable Muzzle Brake or Sound Suppressor Barrett Firearms Manufacturing, Inc. P. O. Box 1077, Murfreesboro, TN USA 37133-1077 Phone: 615-896-2938 Fax: 615-896-7313 E-mail:mail@barrettrifles.com Web site:www.barrettrifles.com