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FOR IMMEDIATE RELEASE

SPACEHAB VP GRINER WINS PRESTIGIOUS AEROSPACE AWARD
Lifetime Achievement, Service to Women Recognized


August 28, 2001, Washington, D.C. - SPACEHAB, Inc. (NASDAQ/NMS: SPAB), a leading provider of commercial space services, today announced that Carolyn Griner, Vice President and General Manager of SPACEHAB's Huntsville Operations, is the recipient of a 2001 Lifetime Achievement Award from Women in Aerospace (WIA).

Griner joined SPACEHAB in March to establish the company's Huntsville, Alabama, office. Recently retired from a 36-year career with the National Aeronautics and Space Administration (NASA), she brings a wealth of experience to the SPACEHAB team. At the time of her retirement, Griner was serving as Deputy Director of NASA's Marshall Space Flight Center (MSFC) in Huntsville, overseeing a $2.5 billion budget, 2600 civil servants, and 4000 on-site contractors.

"I have worked with Carolyn for many years and have found her to be of the highest caliber of leaders contributing to our nation's space program," said NASA Johnson Space Center Acting Director Roy Estess, who nominated Griner for the award. "We are pleased and privileged to have Carolyn on our team," said SPACEHAB Chairman and Chief Executive Officer Dr. Shelley A. Harrison. "I'm confident that our Huntsville office will prosper with her in charge."

Griner is currently Program Manager for the Microgravity Alliance, a team of Huntsville area companies headed by SPACEHAB as prime contractor, that is competing for a multiyear contract to provide microgravity research systems development and operations support services to MSFC.

WIA's annual Lifetime Achievement Award is granted for achievements over a career in aerospace and service to women in the field. Griner has served as a role model for women in that she was MSFC's first female Chief Engineer and first female Deputy Director; the first female "technical" member of the Senior Executive Service at NASA; leader of an all-female Space Shuttle flight simulation crew in 1971; and one of a group of female astronaut finalists interviewed by NASA for flight on the first Space Shuttle missions. She participated in formal and informal mentoring initiatives at NASA and continues that mentoring today. She is a strong advocate of woman-owned and other small businesses.

WIA (www.womeninaerospace.org) is a Washington, D.C.-based organization dedicated to expanding women's opportunities for leadership and increasing their visibility in the aerospace community. Any person who supports WIA's mission and goals is eligible for membership. Previous WIA awardees include U.S. Sen. Barbara Mikulski (D-MD), U.S. Rep. Constance Morella (R-8-MD), former U.S. Air Force Secretary Sheila Widnall, and NASA astronauts Eileen Collins and Ellen Ochoa.

Founded in 1984, with more than $100 million in annual revenue, SPACEHAB, Inc., is a leading provider of commercial space services. The company develops, owns, and operates habitat and laboratory modules and cargo carriers aboard NASA's Space Shuttles. It also supports astronaut training and configuration management at NASA's Johnson Space Center in Houston and builds space-flight trainers and mockups. SPACEHAB's Astrotech subsidiary provides commercial satellite processing services at facilities in California and Florida. SPACEHAB's newest strategic growth initiative, SPACEHAB Huntsville, will provide customer-focused end-to-end services to the space research community at NASA's Marshall Space Flight Center in Huntsville, Alabama. SPACEHAB subsidiary Space Media, Inc.™, brings space into homes and classrooms worldwide with television and Internet broadcasting from the International Space Station, interactive education programs through STARS Academy (www.starsacademy.com), and space merchandise from The Space Store (www.thespacestore.com).

This release contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected in such statements. Such risks and uncertainties include, but are not limited to, whether the company will fully realize the economic benefits under its NASA and other customer contracts, the timing and mix of Space Shuttle missions, the successful development and commercialization of new space assets, technological difficulties, product demand, timing of new contracts, launches and business, market acceptance risks, the effect of economic conditions, uncertainty in government funding, the impact of competition, and other risks detailed in the Company's Securities and Exchange Commission filings.

For more information, contact:

Linda Billings
Director of Communications
SPACEHAB, Inc. - Washington Office
Phone 202/488-3500 x. 201
Fax 202/488-8251
billings@hqspacehab.com

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