Press Release

Spacehab Names Senior Aerospace Executive to Board of Directors

By SpaceRef Editor
May 29, 2003
Filed under , ,

Houston, Texas, May 29, 2003 – SPACEHAB, Incorporated (NASDAQ/NMS: SPAB), a leading
provider of commercial space services, today announced changes to the Company’s Board of Directors,
including the appointment of Dr. Fritz-Stefan Graul.

Dr. Graul is the Director of Orbital Infrastructure & Operations and Reusable Systems for Astrium,
Europe’s leading aerospace company. He is responsible for overseeing strategic planning, business
development, and operations. Dr. Graul also manages all contractual and business dealings between
SPACEHAB and Astrium Space Infrastructure and has been instrumental in forging a strategic alliance
that has proven beneficial to both organizations and the aerospace industry as a whole.

Dr. Graul replaces former Board member, Josef Kind, who held a seat on the SPACEHAB Board of
Directors since October 1999. Due to time constraints associated with his role as President of the Space
Transportation Division of the European Aeronautics Defense and Space Company (EADS), Astrium’s
parent company, Mr. Kind has decided to relinquish his Board position. As a holder of SPACEHAB
Series B Senior Convertible Preferred Stock, Astrium may elect one member to the Company’s Board of
Directors.

“We welcome the opportunity to benefit from Dr. Graul’s diverse talent and experience,” said
SPACEHAB Chairman of the Board, Dr. Shelley A. Harrison. “We appreciate Mr. Kind’s numerous
years of dedicated service, helping SPACEHAB in its space access and commercialization initiatives,”
concluded Dr. Harrison.

In addition, Mr. Hironori Aihara, Senior Executive Vice President and Chief Executive Officer of
Mitsubishi International Corporation, has resigned from SPACEHAB’s Board of Directors after 11 years
of devoted service. He announced his retirement from Mitsubishi earlier this month and plans to return to
Japan. The Board position previously held by Mr. Aihara will remain vacant until the next annual
shareholders meeting.

About SPACEHAB, Incorporated

With more than $100 million in annual revenue, SPACEHAB, Incorporated (www.spacehab.com) 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 for space station resupply and
research purposes. Its Government Services business unit provides Space Station and Space Shuttle
support services including orbiter crew compartment integration, stowage, and configuration management
to NASA’s Johnson Space Center in Houston. SPACEHAB’s Astrotech subsidiary provides commercial
satellite processing services at facilities in California and Florida. Additionally, through The Space Store, Space Media provides space merchandise to the public and space enthusiasts worldwide
(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 impact of the recent Columbia tragedy on the
Company’s existing and future business operations, the amount of any indemnification payments the Company may
receive for its RDM, which was lost as part of the Columbia tragedy, 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, the impact of war, uncertainty in
government funding, the impact of competition, and other risks detailed in the Company’s Securities and Exchange
Commission filings. The Company assumes no obligation to update these forward-looking statements.

SpaceRef staff editor.