HERNDON, VA, AUG. 19, 1996 – PSINet Inc. PSIX In an announcement, PSINet said that it is participating in a local pilot program with Holiday Inn Worldwide to provide in-room Internet access to hotel guests using Bandai Digital Entertainment's new Pippin@World consumer information appliance. The Pippin@World provides complete Internet and World Wide Web access via PSINet's high-speed, state-of-the-art network, as well as useful information about local events, businesses, restaurants and other topics. The program, if successful, could be expanded to other Holiday Inn locations.

Atlanta-based Holiday Inn Worldwide, the hotel business of U.K.-based Bass PLC, operates or franchises more than 2,100 hotels and 370,000 guest rooms in more than 60 countries and territories around the world. Holiday Inn is the world's largest single hotel brand.

PSINet is a leading provider of Internet access, services and products to both organizations and individuals throughout the U.S, and abroad. The company's PSINet network offers access to the Internet from more than 349 points-of-presence (POPs) worldwide. Internet access options range from high- speed modem dial-up and ISDN for telecommuters and small office LANs to dedicated high-speed circuits for corporate connectivity. Network Computing Magazine recently named PSINet a winner of its Well-Connected Award as "Best Internet Access Provider."

The company has its headquarters in Herndon, Va., with sales and service offices across the U.S.; Cambridge, England; Toronto; and Tokyo. Further product and pricing information can be obtained by calling (703) 904- 4100, through PSINet's Web site at www.psi.net or by sending an e-mail request to [email protected].

* All brands, product and service names mentioned are trademarks or registered trademarks of their respective owners.

Brian Muys 703/904-4285