Executives of Hughes
Spaceway, Boeing Satellite Systems Inc., and Sea Launch Company LLC
will hold a news conference at the Satellite 2001 industry conference
on Wednesday to announce a major new business agreement.

What: Boeing news conference at Satellite 2001 in Washington, D.C.

When: Wednesday, March 28, 2001

11:15 a.m. EST

Where: The Boeing Satellite Systems Hospitality Suite —

Grand Hyatt Hotel

Satellite 2001 Conference

Washington Convention Center

900 9th Street

Washington, D.C.

Who: Mike Cook, Hughes Spaceway vice president and general manager
Al Wyatt, Boeing Satellite Systems vice president and
general manager
Amy Buhrig, Sea Launch vice president of sales and marketing

Contact:

Boeing Satellite Systems

George Torres, 800/527-5306 or 310/993-9059

or

Hughes Spaceway

Mary Phillips, 301/601-2672

or

Sea Launch Company
Paula Korn, 562/254-568
4 (Cell)