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New Pegasus Deadline: March 1

2/24/2004 6:16 AM Eastern

Pegasus Communications Corp. said Tuesday that it has extended its pending cash tender offer from midnight (EST) Feb. 23 until midnight March 1.

The offer covers up to $100 million aggregate principal amount of outstanding debt securities maturing in 2005-07.

Banc of America Securities LLC is the exclusive dealer/manager for Pegasus’ offer.

September