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Boeing-Built AsiaSat 4 Communication Satellite Successfully Launched

ST. LOUIS, April 11, 2003 - The fourth in a series of four built by
Boeing [NYSE: BA], the AsiaSat 4 satellite for Asia Satellite
Telecommunications Company Limited of Hong Kong was successfully
launched today from Cape Canaveral Air Force Station, Fla.

The high-power Boeing Satellite Systems 601HP spacecraft was launched
by International Launch Services onboard an Atlas IIIB vehicle at
8:47 p.m. EDT (8:47 a.m. on April 12 in Hong Kong). The spacecraft
separated from the launch vehicle approximately 30 minutes after
launch. AsiaSat 4's first signals were received about 48 minutes
after the launch at the Fort Stanley Telemetry, Tracking and Control
Station in Hong Kong, confirming normal operation.

"We are extremely proud to have built and helped launch AsiaSat 4 for
Asia Satellite Telecommunications," said Dave Ryan, president of
Boeing Satellite Systems International, a wholly-owned subsidiary of
The Boeing Company. "This satellite will enable them to provide
higher power coverage with excellent elevation angles across the
expanded areas of Australasia and the Greater China region."

AsiaSat 4, designed by Boeing Satellite Systems to provide a minimum
of 15 years of service, will be located at 122 degrees East and will
provide television distribution and telecommunications service
throughout Asia, the Middle East, Australasia, and the Commonwealth
of Independent States. 

A unit of The Boeing Company, Integrated Defense Systems is one of
the world's largest space and defense businesses. Headquartered in
St. Louis, Boeing Integrated Defense Systems is a $25 billion
business. It provides systems solutions to its global military,
government and commercial customers. It is a leading provider of
intelligence, surveillance and reconnaissance; the world's largest
military aircraft manufacturer; the world's largest satellite
manufacturer and a leading provider of space-based communications;
the primary systems integrator for U.S. missile defense; NASA's
largest contractor; and a global leader in launch services. 

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Contact:
Ronea Hart
Boeing Satellite Systems
310-567-1381
ronea.hart{at}boeing.com

Madonna Walsh
Boeing IDS News Bureau
314-234-1362
madonna.a.walsh{at}boeing.com

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